Applied commercial shipping for professionals
Commercial Shipping
36 HRS
Sea and Beyond
Free Lessons
Sea and Beyond presents Applied Commercial Shipping for Professionals, a GMU-certified commercial shipping course designed for mariners and professionals aiming to build strong expertise in shipping operations and business.
A CERTIFIED COURSE BY GMU
LEVEL: Basic to Intermediate
This commercial shipping course for professionals helps bridge the gap between sea-going experience and shore-based commercial operations, opening up career opportunities in the global shipping industry.
Key Benefits:
- Expands career opportunities ashore
- Develops business and financial acumen
- Bridges technical and commercial knowledge
- Prepares for transition into management roles
- Builds understanding of the global shipping market
- Helps you become a well-rounded maritime professional
Course Curriculum:
DAY 1 & 2 (12th and 13th July 2025)
- Overview of commercial shipping: ships, cargoes, and stakeholders (tanker & dry)
- Pre-fixture activities
- Freight calculation process
- INCOTERMS 2020
DAY 3 & 4 (19th and 20th July 2025)
- Charterparty & documents (dry & tanker)
- Types of charterparties: time, voyage, bareboat, COA
- Clause analysis and rider clauses
DAY 5 & 6 (26th and 27th July 2025)
- Letter of Credit and Bills of Lading
- Modes of payment and fraud risks
- LOI and E-BL developments
DAY 7 & 8 (02nd and 03rd Aug 2025)
- Laytime, demurrage, and dispatch
- Worldscale and calculations
- Maritime law and regulations
- Case studies
DAY 9 & 10 (09th and 10th Aug 2025)
- Role of port agency and freight forwarding
- The broker and negotiations
- Charterparty formulation and commissions
- Gas tanker market and chartering
DAY 11 & 12 (16th and 17th Aug 2025)
- Alternative dispute resolution
- Case studies
- Overview of marine insurance market
- Sanctions and HR entry in commercial roles
Course Highlight
A Day in the Life of a Chartering Manager – Company Visit
Certification
Participants will receive certification from GMU upon successful completion of this commercial shipping training programme.
This course is designed to provide participants with a solid foundation in commercial shipping, enabling them to pursue successful careers in this dynamic and lucrative industry. Join us to unlock global opportunities and become a highly skilled professional in the commercial shipping sector.
To know more about Advance Commercial Shipping Course Click on the below link:
https://www.seaandbeyond.com/marine-ed/advance-commercial-shipping-course-3/details
Sea and Beyond
At Sea and Beyond we strive for authenticity and honesty in our work. Our mission is to help “You take a well informed decision” and we try and support you through our various services like
- Mentoring
- Skill enhancement/Education
- Job Opportunities and
- Your branding (CV and LinkedIn preparation)
We have a team of writers who conduct thorough research to ensure the accuracy of the content and for the clarity in communication. We will be happy to support you wherever required
Rating:
Price:
₹ 25000
Language:
English
Length:
36 HRS
Intended for:
Maritime Professionals looking to upskills and upgrade in their career
Reference:
Not based on any reference
Topics:
15 Sections . 23 lectures . 1d 14h 43m total length
5 min
1.1 Testimonial | Capt. Bhavya
With 14 years of sailing experience as a Master Mariner, Capt. Bhavya credits Sea and Beyond’s Commercial Shipping courses for helping him successfully transition ashore. The courses not only deepened his understanding of freight markets and chartering but also prepared him for the commercial mindset required in shipbroking. Backed by continuous mentorship and support, he now takes on a new chapter as a Ship Broker.
5 min
1.2 Testimonial | Capt. Mitesh
Capt. Mitesh, now placed as a Voyage Manager in a leading Indian company, shares how Sea and Beyond’s Introduction and Advanced Commercial Shipping courses played a crucial role in his shore transition journey. He highlights the structured curriculum, practical insights, and expert-led sessions that offered real-time learning and valuable guidance, helping him confidently step into his new commercial role.
120 min
3.1 Overview of Commercial shipping: Ships, Cargoes and other stakeholders (TANKER)
Capt. Ashok Sharma – Overview of Commercial shipping: Ships, Cargoes and other stakeholders (TANKER)
- Introduction to commercial shipping. Different trades
- Type of vessels, stakeholder roles
- Various companies’ charterers, brokers, ship owners.
120 min
3.2 Overview of Commercial shipping: Ships, Cargoes and other stakeholders (DRY)
Capt. Ashok Gogia – Overview of Commercial shipping: Ships, Cargoes and other stakeholders (DRY)
- Introduction to commercial shipping. Different trades
- Type of vessels, stakeholder roles
- Various companies’ charterers, brokers, ship-owners.
120 min
4.1 Pre Fixture
Capt. Sachin Bhatia – Pre Fixture
- Introduction the commercial importance of Pre fixture Activity
- Demonstrate process of Freight calculation
- Cover various point which needs to be considered during prefix stage
- Calculate Cargo Intake & Bunker requirements and Legal perspective
120 min
5.1 INCOTERMS
Mr Krishnan Subramanian – INCOTERMS
- INCOTERMS and their impact on shipping contracts
- Explain each INCOTERMS
- Liability on Buyer / Seller - Cost, Risk, Insurance
120 min
6.1 Trade Documents – Letter of Credit and Bill Landing
Trade Documents – Letter of Credit and Bill Landing
- Overview of Trade documents
- Common modes of transactions
- Functions of B/L
- Types of B/L including electronic versions
- Details of BL - taking examples from Dry / Tanker
- Care / best practices / Frauds - shipper/agent/vessel
- Delivery order
120 min
7.1 Charter party & Documents (DRY)
Charter party & Documents (DRY)
- Types of charter parties (time, voyage, bareboat, COA)
- various standard charter party forms from each type of trade
- In depth clause analysis
- rider clauses
- Explain offer, bid, main terms, recap120
180 min
8.1 Charterparty & Documents (TANKER)
Charterparty & Documents (TANKER)
- Types of charterparties (time, voyage, bareboat, COA)
- various standard charterparty forms from each type
- Indepth clause analysis
- rider clauses
- Explain offer, bid, mainterms, recap
180 min
9.1 Role of Port Agency and Freight Forwarding
Role of Port Agency and Freight Forwarding
- The Agent role and responsibilities
- The Owner's agent / The Charterer's agent
- Agents role in CP negotiations & implementation
- Cargo operations: various stakeholders involved, documents.
- Port Disbursement Accounting
120 min
10.1 Ship, Sale and Purchase
Ship, Sale and Purchase
- The 2nd hand ship market.
- Offer / counter offer / commissions
- Pre sale inspections / dry docking
- Explain one standard sale form
- Demolition market
- Explanation of terms in standard form
120 min
11.1 Part 1 | World Scale
World Scale
- World Scale - purpose and history, The association
- World Scale structure and schedule
- Basis of calculations using World scale
- Fixed rate/ Variable rate differentials
- Practical calculations for the candidates
120 min
11.2 Part 2 | Ship finance
Ship finance
- Introduction to Vessel ownership and Shipping finance
- Types of finance- Debt/Equity and Leasing
- Risks associated with Ship Finance
- Case study for the candidates
120 min
12.1 Laytime, Demurrage and Dispatch
Laytime, Demurrage and Dispatch
- Laytime: commencement,
- interruptions, and exceptions -tanker specific
- Demurrage Principle
- NOR, SOF, Contract clauses, Weather clauses,
- Commencement, Exceptions and cessation.
- Dispatch
120 min
13.1 Part 1 | Arbitration
Arbitration
- Domestic and International Commercial arbitration
- Arbitration clause in charter parties and Finality of awards
- Conflict between arbitration act & other acts
120 min
13.2 Part 2 | Sanctions
Sanctions
- Case Studies and What are Sanctions?
- Impact of sanctions, Major countries impacted by sanctions
- Sanctions - Due diligence
120 min
14.1 Part 1 | The Brokers
The Brokers
- Role and responsibilities of a broker in commercial Shipping,
- Challenges with technology.
- Negotiations, commissions, formulation of CP
120 min
14.2 Part 2 | Marine Insurance
Marine Insurance.
• Introduction to Insurance
• Overview of marine insurance market
• Different aspects a commercial person should look at in a fixture or a transaction.
120 min
15.1 Part 1 | Gas Tanker Market & Chartering
Gas Tanker Market & Chartering
- Over view of Gas chartering
- Peculiarities in Gas Chartering Business in operation specific and standard Charter party forms
- Freight Indices in Gas market
- Entry into Gas commercial roles
120 min
15.2 Part 2 | Career Guidance
Career Guidance
- Career Guidance from Capt. Gaurav Rana
- Get in the last batch students and hear from them
Successful completion of this course will earn you a certificate of completion from Sea and Beyond. This certificate will be emailed to you and you could also share and show it on LinkedIn Please click on the button below to purchase the certificate.
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Rishabh Bhasin On Aug 4th 2025
