Ship Operations and Management Commercial Shipping

Ship Operations and Management

Commercial Shipping

17:00:00

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The Ship Operations and Management Programme, conducted by Capt. Devasish Basu, is a structured, video-based learning programme designed to provide a clear and practical understanding of commercial ship operations and management.

This course is ideal for aspiring shipbrokers, seafarers transitioning to shore-based roles, and maritime professionals looking to build strong operational and commercial expertise in shipping.

Delivered through 11 comprehensive recorded video chapters, the programme simplifies complex maritime concepts through practical, real-world explanations. It helps learners understand how ships are managed from shore, how voyages are planned and executed, and how cost, risk, compliance, and commercial decisions impact day-to-day shipping operations.

What You Will Learn in This Programme

1. Foundations of Ship Management

  • Understanding ship management roles: owners, operators, and managers
  • Commercial vs technical management
  • Voyage planning, port operations, bunkers, and supply
  • Performance monitoring and operational supervision

2. Vessel Types & Design

  • Classification of ships and fleet segments
  • Ship measurements (GT/NT, DWT, draft, dimensions)
  • Bulk carriers, tankers, gas carriers, and multi-purpose vessels
  • Matching vessel design with cargo and trade requirements

3. Cargo & Global Trade

  • Key cargoes: iron ore, coal, grains, crude oil, and refined products
  • Trade routes, market drivers, and seasonal patterns
  • Cargo handling and claims
  • Regulatory considerations in cargo trade

4. Regulations & Safety Management

  • Flag states and registries (including open registries)
  • Classification societies and vessel surveys
  • ISM Code and Safety Management Systems (SMS)
  • Port State Control and MARPOL compliance

5. Ship Management Economics

  • Cost structures: fixed vs voyage costs
  • Crew, stores, repairs, and dry-docking budgets
  • Bunker costs, port charges, and canal dues
  • Cost monitoring and variance analysis

6. Commercial Operations

  • Freight and hire management
  • Laytime, demurrage, and despatch calculations
  • Voyage instructions, Notice of Readiness (NOR), Statement of Facts (SOF)
  • Charter party compliance and claims handling

7. Crew Management

  • Recruitment, training, and scheduling
  • Safe manning and certification requirements
  • MLC, ITF, and ILO regulations
  • Balancing cost efficiency with safety and compliance

8. Marine Insurance & Claims

  • Hull & Machinery and P&I insurance
  • General and Particular Average
  • York-Antwerp Rules
  • Salvage, LOF, limitation of liability
  • Cargo claims, surveys, and exceptions

9. Vessel Operations

  • Pre-fixture, fixture, and post-fixture processes
  • Coordination between commercial and technical teams
  • Voyage efficiency, routing, and loadline considerations
  • Planned Maintenance Systems (PMS)

10. Bunker & Fuel Management

  • Bunker procurement strategies
  • Onboard bunkering procedures and documentation
  • Fuel quality testing, sampling, and dispute handling
  • Compliance with environmental regulations

11. Voyage Estimation

  • Revenue and cost evaluation
  • Route planning and benchmarking
  • Practical voyage estimation examples

Practical Learning Support

The programme includes dedicated Q&A modules designed to strengthen understanding and application of key concepts.

  • Full solution of a sample question paper covering multiple topics
  • Guidance on structuring clear and effective answers
  • Practice involving route planning and map-based questions
  • Exercises focused on voyage estimation and commercial decision-making

Who This Course is for

  • Aspiring shipbrokers and shipping professionals
  • Seafarers transitioning to shore-based roles
  • Maritime professionals seeking operational and commercial expertise
  • Individuals pursuing careers in commercial shipping

Learning Outcomes

By the end of the programme, participants will have a comprehensive understanding of ship operations and management, the ability to apply commercial and operational concepts in real-world scenarios, and the confidence to pursue professional roles in the global shipping industry.


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Rating:

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Price:

14999


Language:

English


Length:

17:00:00


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12 Sections . 44 lectures . 16h 39m total length

16 min

1.1 Chapter 1 | Introduction to Ship management

Introduction to Ship management, components of Ship management, Ship owners/operators/managers, 

Free

20 min

1.2 Chapter 1 | Commercial ship management

Commercial ship management, Operational Ship management, Voyage management and Planning, Cargo & port ops management, Bunker and supply management, Regulatory supervision, Performance monitoring

Locked

27 min

1.3 Chapter 1 | Technical Ship management

Technical Ship management, Technical operations, Dry Docking and repair, Spare part management, Crew management & training, Budgeting and cost control, Incident and Claim management, Finance management, Compliance and Audit, HR & Crew management, 
Different types of Ship management (Full/partly/3rd Party)
BIMCO SHIPMAN contract

Locked

26 min

1.4 Chapter 1 | BIMCO SHIPMAN contract

BIMCO SHIPMAN contract continued, Six disciplines for Ship Broking, Ship management-Crewing, Store supplies, Provisioning, Efficient crew management, Crew scheduling, Recruitment of Crew and Officers, Various nationalities, Advantages and Dis-advantages of Crewing agencies

Locked

25 min

1.5 Chapter 1 | STCW- Training & Certifications

STCW- Training & Certifications of crew and officers, International Labour Org (ILO), International Transport worker’s federation (ITF)
Technical Department roles- Ship management, H&M Insurance, Third party- P&I insurance, Clauses in Insurance policies, Calls & Supplementary calls, Types of claims, Limitation of liability, Cargo claims, Contractual exceptions, 
Operation department, International Safety management (ISM) code application, ISPS code, Ship security Plan (SSP)

Locked

20 min

2.1 Chapter 2 | Classification of Ships, Features of a vessel

Classification of Ships, changes in Ship design, Features of a vessel, Ship tonnage measurement, GRT/NRT to GT/NT, Suez/Panama canal measurements, Canal Dues, 

Locked

28 min

2.2 Chapter 2 | Deadweight, Displacement, Cubic Capacity

Deadweight (DWT), Displacement, Cubic Capacity, Bale Capacity, Ship’s Draft (Draught), Vessel’s Principal dimensions, Length, Breadth, Height, Air draft, Ship’s Plans (Gen Arrangement, Capacity Plan)

Locked

27 min

2.3 Chapter 2 | Types of vessels, Bulk Carriers, Ore Carriers

Types of vessels, Bulk Carriers, Ore carriers (VLOCs), Cape Size, KAMSARMAX, Panamax, Handy/Supra/Ultramax, Internal design, 

Locked

24 min

2.4 Chapter 2 | Cement Carriers, Multi purpose, Oil Tankers

Cement Carriers, Tweendeckers, Multi purpose, Oil Tankers, Different types of tankers, Oil/Chemical/Gas, ULCC/VLCC, Suezmax/Aframax, Panamax/LR2 tankers, Types of Gas tankers, based on tanks/construction/pressure system

Locked

27 min

3.1 Chapter 3 | Cargoes, Mineral Ores, Types of Vessel

Cargoes, Mineral Ores, Common trade patterns, Types of vessels carrying Ores, Market Drivers, regulatory compliance, 
Oil cargoes, types of petro products carried, Trade patterns and vessel types, regulatory compliance, Liability and insurance,

Locked

22 min

3.2 Chapter 3 | Trade Patterns, Dry Cargo trade

Cargoes Continued- Grains, properties, trade patterns, constraints, hazards, vessel types to carry grains, Exporters and Importers, Market drivers, regulatory compliance, Grain Code, Seasonal peaks, Operational & commercial implications, 
Introduction of Dry Cargo trade, Break bulk cargo, Handling of cargo, 

Locked

20 min

3.3 Chapter 3 | Dry bulk commodities, Iron Ore, Coal & Grain

Dry bulk commodities, Iron Ore, Coal and Grain, Market trends and challenges, 
Coal trade details, Importers and Exporters, Grain trade patterns, 
Agriculture product trading, Fertilizer and Minerals, Trade patterns, 
Oil product trade, routes, Geo-pilotical factors, Choke Points in Oil trade,

Locked

18 min

3.4 Chapter 3 | Shipping methods, Trade Routes, Cargo

Forest products, Shipping methods, Primary wood and paper trade routes, 
Cargo Out turn, Shortage and damage claims, Stowage factor & stability, Compatibility of cargoes, Hazardous cargoes, 

Locked

24 min

4.1 Chapter 4 | Vessel registration, Flag state, Open registry

Vessel registration, Flag state, Open registry (FOC), Registration requirements and implications, Marking of registry on ship, Taxation benefit, tonnage benefits, Genuine link test, 

Locked

10 min

4.2 Chapter 4 | Flag of Convenience (FOC), Tonnage tax

Flag of Convenience (FOC), International Tonnage Certificate (ITC) 1994, Regulation, costs impact of FOCs, Operating costs impact, Tonnage tax, 
Port State Control (PSC), Inspection regime, MoUs/Areas of PSC Jurisdiction,

Locked

10 min

4.3 Chapter 4 | Classification Societies, Class certificates

Classification Societies, services of Classification societies, IACS (International Association of Classification societies), Class certificates and maintenance plans, PMS implementation, Class Survey process,

Locked

25 min

4.4 Chapter 4 | International Safety management code

International Safety management (ISM) code, Key aspects and requirements, Safety Management System (SMS), responsibility, Audits, Objectives of ISM code, 
Various Surveys on a vessel, Classification/Condition/Commercial surveys, Environmental 
Protection, Compliance with MARPOL, US OPA 90, Liability coverage certificates (CLC)

Locked

21 min

5.1 Chapter 5 | Ship management, Types of Companies

Cost in Ship management, Various types of companies, Limited/Private and Public companies, conglomerate & Multi national company, cost categories in Ship mgmt, Fixed costs, Daily Operating costs, Voyage related costs,

Locked

21 min

5.2 Chapter 5 | Fixed costs in Ship management

Fixed costs in Ship management, Return on capital, Amortisation, Debt servicing/ Repayment, parts of OPEX, Crew expenses, Victualling cost, Stores supply, Oil & lubricants, Insurance, P&I calls, Repair & management, Corrective/breakdown maintenance, Drydocking & survey costs,

Locked

16 min

5.3 Chapter 5 | Drydock cost, Voyage expenses

Cost-continued, Drydock cost, communication costs, Voyage expenses,  Fuel/ Bunker costs, Slow steaming, Port costs, Canal dues, Cargo handling costs, 

Locked

10 min

5.4 Chapter 5 | Budgeting and Cost monitoring

Budgeting and Cost monitoring , Planning & decision making, Operational performance monitoring, Financial result tracking, Deviations between actual and budgeted costs, Budget reviews, Summary

Locked

32 min

6.1 Chapter 6 | Accounting, Freight/ Hire, Credit policy/Risks

Accounting, Freight/ Hire collection, Credit policy/Risks, consequences of non collection of Hire, remedies available, Lien on cargo/vessel, Port disbursements, Role of Port agents, PDA/FDA, Disbursement accounts, Advance funds paid, 

Locked

24 min

6.2 Chapter 6 | Demurrage & Despatch claims, Laytime

Demurrage & Despatch claims, calculation examples for Demurrage & Despatch, Laytime statements, Settlement process, 
Compliance & contractual obligations, Risk management, Cost adherence, Operational efficiency, Best practices for account monitoring,

Locked

22 min

7.1 Chapter 7 | Crew management, Operating cost

Crew management in Shipping, Recruitment, Training and Scheduling of crew, key components of crew management, Operating cost impacts, Crew wages budgeting, Allowances and social costs,

Locked

20 min

7.2 Chapter 7 | Compliance requirements, Manning levels

Crew management continued, compliance requirements, Manning levels, Safe manning certificate, Certification and endorsements, MLC requirements, cost vs safety balance, Dealing with shortages, 

Locked

24 min

7.3 Chapter 7 | Human resources & Crew administration

Human resources and Crew administration, Support services compliance, communication and coordination, 
Various categories of Ship management, Full/Hybrid/3rd party, Organization chart in ship management, 

Locked

17 min

7.4 Chapter 7 | Importance of Crew Management

Importance of efficient in crew management, Advantages of crewing agencies, Disadvantages, STCW requirements, ITF/ILO regulations,

Locked

21 min

8.1 Chapter 8 | Hull & Machinery, 3rd Party Insurance

Insurance, Hull & Machinery Insurance, 3rd Party Insurance, claims related to people, cargo etc, P&I Insurance, Institute warranties and clauses, Additional cover, war risk, total loss/ CTL, working of P&I clubs,

Locked

19 min

8.2 Chapter 8 | Gen Average, Particular Average

Concept of Gen Average, GA adjusters, Particular Average, Examples of GA adjustments, York Antwerp rules,

Locked

16 min

8.3 Chapter 8 | Salvage, Handling of Cargo Claims

Salvage, Limitation of Liability convention (LLMC), Lloyd’s open form (LOF) for salvage, No cure No pay, Handling of Cargo Claims, Surveys for claims verification, Exceptions

Locked

35 min

9.1 Chapter 9 | Vessel Operations, Taxation benefits

Vessel Operations, evolution of ship management, Taxation benefits, Technical management of vessel, Commercial management of vessel, Pre-Fixture, operations, Post Fixture, Understanding Commercial operations, 
Technical Management, Duties as Technical Managers, Coordination between Commercial & Technical teams,

Locked

31 min

9.2 Chapter 9 | Voyage instruction, Discharging operations

Voyage instruction, Implications of incomplete instructions, Key components of voyage instructions, Monitoring of loading & Discharging operations, NOR (Notice of Readiness), SOF (Statement of Facts), Compliance with Charter party terms, Claims, Fuel efficiency, 

Locked

25 min

9.3 Chapter 9 | Charter Party & Vessel Routing Factors

Charter Party compliance continued, Communication and coordination, Importance of Planned Maintenance (PMS), Minimizing breakdowns, stoppages, Vessel Routing Factors, 
Loadline Limitations, Canals and similar waterways, 

Locked

25 min

10.1 Chapter 10 | Bunker Management, Types of fuels

Bunker Management, Key components, Location/ quantity/ pricing, Onboard procedures for Bunkering, Safety aspects, vessel performance (speed & efficiency) monitoring, Types of fuels used on vessels, Sampling procedures, Quality & Quantity control, Precautions during bunkering, Emission control area (ECA)

Locked

10 min

10.2 Chapter 10 | Environmental restrictions, Market Insights

Environmental restrictions, Key players for Bunkering, Market Insights, Bunker contracts, Fuelcon, Disputes in Bunkering, BIMCO bunker terms 2018, Bunker Delivery Note (BDN), Fuel samples, 

Locked

28 min

11.1 Chapter 11 | Voyage Estimation, Profitability Assessment

Voyage Estimation, Key elements, revenue and costs, Profitability Assessment, Risk management, Performance benchmarking, route planning, Time charter estimate (TCE), worked examples, voyage planning,

Locked

33 min

11.2 Chapter 11 | Voyage planning, Cargo calculations

Voyage estimate continued, Voyage planning examples, Loadable cargo calculations, Inputs required for calculations, core calculations, Allowances and Adjustments, worked examples

Locked

31 min

11.3 Chapter 11 | Loadline restrictions, Cargo Distribution

Limitations in maximising cargo, Loadline restrictions, Stability issues, Cargo Distribution, Free surface effect, Deck cargo,Practical examples, Arrests and claims, handling cargo claims-Ship manager’s role, legal relationship in Ship management, Liability as Ship Manager, Insurance responsibilities.

Locked

35 min

12.1 Q & A | Capesize bulk carrier, Voyage estimation

Question 1: Describe the Characteristics of a Capesize bulk carrier, explain dimensions, tonnage, cargo gear equipment, trading pattern, etc.
Question 2: Voyage estimation, Bunker quantity calculation, Daily net profit calculation

Locked

18 min

12.2 Q & A | Role & responsibilities of DPA

Que 3- Role & responsibilities of DPA, Implementation of ISM code, Documentation & Certification under ISM
Que 4- Define and explain- AWRP, IEEC, CII, EEXI, IOPP, IMSBC code, WIBON, NDFFCA PMQS

Locked

19 min

12.3 Q & A | How to employ and retain the best crew

Que 5- How to employ and retain the best crew for the ships, result of failure to do so.

Locked

21 min

12.4 Q & A | Role of Classification society

Que 6- Role of Classification society, Vessel surveys, certificates & validity

Locked

24 min

12.5 Q & A | Operating Budget, operating cost

Que 7- Preparing Operating Budget for second hand vessel for owner, Infor needed to prepare such budget, costs to consider for daily operating cost, Monitoring of the budget

Locked

32 min

12.6 Q & A | Route selection for a Supramax Bulker

Que 8- Decision on route selection for a Supramax Bulker, loaded at Philadelphia, USA to discharging at Fremantle, Australia.

Locked

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