The Shipping Business Tutorship Programme, conducted by Capt. Devasish Basu, is a structured, video-based learning programme designed to provide a clear and practical understanding of core shipping business concepts.
This course is ideal for aspiring shipbrokers, seafarers transitioning to shore-based roles, and maritime professionals seeking a strong foundation in commercial shipping. Delivered through 11 comprehensive recorded video chapters, the programme simplifies complex topics through practical explanations and real-world industry insights.
The course begins with an introduction to company and organizational structures within the shipping industry. It covers types of company registrations, shareholding patterns, and an overview of profit and loss (P&L) statements, providing a strong financial foundation for understanding shipping businesses.
Subsequent chapters examine types of ships, their design and construction, and how these factors influence commercial operations. The course also explores trading areas, including operational limitations and disruptions arising from global geography, trade routes, and economic and political influences.
Key sections focus on chartering practices, explaining different charter types and commercial considerations. The course also covers the purchase and sale of vessels, along with an overview of ship management within the broader shipping business framework.
The programme provides a detailed understanding of shipping agency functions, including the roles and responsibilities of owners’ agents, charterers’ agents, and liner agents. It also explains key documentation handled by shipping agents, ensuring clarity in this essential operational area.
The later chapters focus on international trade and finance, including shipping contracts and INCOTERMS. The course also explores financial aspects such as payment methods, Letters of Credit (LC), foreign exchange, and marine insurance practices.
The final sections address business ethics, including fraud in shipping and trade, and provide an overview of anti-bribery regulations under international and national frameworks. The course concludes with insights into key international bodies and forums shaping global shipping trade.
In addition to core subject content, the programme includes guidance on structuring answers, approaching different types of questions, and developing clarity in applying concepts to real-world scenarios.
By the end of the programme, participants will have a strong conceptual understanding of shipping business fundamentals, the ability to apply key concepts to real-world scenarios, and the confidence to pursue opportunities in the global shipping and maritime industry.
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₹ 14999
11:05:00
The Business Entity, Sole trader, Partnership firms, Limited Liability companies (LLPs), Private limited & public limited company, share holding patterns, shareholders, Capital and borrowing from institutions, Mortgage,
Incorporation of a company, process of registration, various types of company structures, Integration in Business, Company organisation and management, Balance sheet, statutory accounts, Profit & loss (PNL) account, Assets in a company
Type of ships, Bulk carriers, Features and trade routes, Specialized Dry bulk ships, regional classification of Bulk carriers, construction and design, cross section
General cargo Ships, Multi-purpose ships, PCCs, reefer vessels, Features including drawings and cargoes, container vessels- types/sizes/trades
Key dimensions, Capacity terminology, Crude Tankers-Types/sizes, Key trade routes, cargo details,
Product tankers, Chemical tankers, Gas carriers, LNG and LPG carriers, construction design of various types of tankers
Geography of trade, Sources of information about ports, Trading Restraints, Navigation, weather effects, Planning a shipping route, canals & waterways, Political disruptions, examples of disruptions, Port of Convenience (POC), ITF actions & Impacts
Port information, Port restrictions, Agent’s expertise on local ports, Cargo-Primary source areas, Cargo- Primary consumption areas, waterways, restrictions on trade routes, Various cargo routes, Grain, Oil & Gas, Economic factors affecting trade, Environmental issues and regulations
Chartering market & practices, Baltic Exchange, Freight rate indices, Baltic dry index (BDI),Key features of BDI, Freight derivatives and FFA’s , FFA trading & settlement, Freight market stakeholders, Charterers, Ship owners, Operators, Ship brokers, Trading practices, INCO terms
Freight market analysis and reporting, Methods of ship employment, Types of charter, Voyage charter, Consecutive voyage charter, Time charter, Bareboat (demise) charter, COA, Market reporting, Tanker charter party, ShellVoy6, Worldscale index, Bills of lading
Ship sale & Purchase, Ship recycling market (demolition), New buildings process, Second hand vessels, S&P brokers, Process of selling a ship, Norwegian saleform, Pre delivery inspection, Drydock prior to sale, Post sale process, Demolition sale process, valuation of vessel, Ship management
Agent’s role & responsibility, shipping port agent responsibilities, Statement of Fact, agent provided services, Categories of agents, Port/Cargo/Charterer agent
Liner agents, Owner’s & Character’s agents, Duties of agents, Agents duties at Indian ports, Stakeholders involved, Documents handled by agents, Error & omission protection
International trade and finance, basic contract elements, Goods and Property, Risk passing in a contract, INCO (International commercial) terms, Remedies for breach of contract, remedies of seller and buyer, Lien, Law & jurisdiction in a dispute
Finance and insurance in international trade, Overview of payments methods, cash with order & open accounts, Bills of Exchange- Key parties & benefits, Letters of Credit(LC) explained, Invoices & Insurance certificates, Bill of Lading, waybills, regulatory mechanisms, Tariffs & duties, Licensing & Quota, Foreign exchange, currency transactions, Currency hedging, Freight hedging (Futures), Marine Insurance coverage and policies, Claims procedure, Principle of average, Future trends
Business ethics, Ethics in Shipping Business, Insurance Fraud, Documentary Fraud, Case study, Fraud consequences, Other areas of Fraud, Misinterpretation on B/L, Misdeclaration of quantity/Quality or freight, Payment fraud, Mitigation, Other criminal activities, contrabands, smuggling, Preventive measures, detecting & avoiding Fraud, role of enforcement, Baltic exchange guidance, Broker/Principal conduct, Conclusions
Anti-bribery compliance — challenges in shipping, Anti-Bribery legislation, OECD anti-bribery convention, Prevention of Corruption act, India (1988), Exceptions, Facilitation payments, commercial coercion, Anti-Bribery policies, Risk Assessments, related challenges in shipping, Due diligence, Compliance with Anti-Bribery laws, reporting of breaches, Best practices to fight corruption
International Shipping Organizations, Ship Owner’s Org, International Chamber of Shipping(ICS), BIMCO,INTERTANKO, INTERCARGO, OCIMF
Broker’s & agent’s Org, ICS, The Baltic Exchange, FONASBA, FIATA (International Federation of Freight Forwarder's Associations), IMO, UNCTAD, ILO
Organizations, IACS (classification Societies), Llyod’s Register, Seafarers support, ITF, ISWAN, Mission to seafarers, Insurance Orgs, IUA (underwriters), Llyod’s, LMA, IGP&I, Other bodies, ICC, IMB, Interconnection of these Orgs, Challenges & future trends
Answering the question about role of Ship management companies, pros and cons of their use
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.