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Chartering, Hiring of Vessels & Marine Insurance

An Interactive 5-Day Training Course

Chartering, Hiring of Vessels & Marine Insurance

Ship Chartering Principles, Liabilities & Compliance to Regulations

NASBA
Classroom Schedule
Date Venue Fees
09 - 13 Feb 2026 Dubai $ 5,950
29 Jun - 03 Jul 2026 Dubai $ 5,950
21 - 25 Sep 2026 Abu Dhabi $ 5,950
15 - 19 Mar 2027 Dubai $ 5,950
Online Schedule
Date Venue Fees
19 - 23 Oct 2026 Online $ 3,950

Course Summary

This training course on Chartering, Hiring of Vessels & Marine Insurance training course is designed to prepare the delegates for Vessels chartering types and concepts. This beneficial knowledge will directly leads for  keeping the world’s shipping fleet in business.

The Vessel Charterers needs to be in touch with the market to find the most suitable and cost effective transport options. The Ship Brokers or ship owners should be familiar with the arrangements to hire or charter ships to get the cargoes to their clients by the most cost-effective and timely means. 

This GLOMACS Chartering, Hiring of Vessels & Marine Insurance training course will highlight the following,

  • Classification of Chartering Market
  • Flag States and its Role in the Maritime Industry
  • Maritime Governance and Shipping Regulations
  • Maritime Conventions
  • Ship Chartering and Broking Process
  • Charter Party Common Clauses and Concepts
  • Chartering Documents
  • Ship Management and Logistics
  • Maritime Liabilities And Marine Insurance
Course Outline
Day 1

Introduction to Ship Chartering, Maritime Governance and Shipping Regulations

  • Introduction to Ship Chartering
    • What is Ship Chartering?
    • Basic Terms Used In Shipping
    • Classification of Chartering Market
    • Ship Characteristics
    • Ship Classification Societies
    • Flag States and its Role in the Maritime Industry
    • The Market Players in Chartering
    • The Role of the Shipbroker
  • Maritime Governance and Shipping Regulations
    • International Organisations
      • IMO, ILO & UNCTAD
    • Private Organisations (NGO’s)
    • ICS, BIMCO, IACS, INTERTANKO, INTERCARGO & INCOTERMS
    • Maritime Conventions
      • SOLAS, MARPOL, STCW & MLC
      • UNLCOS
      • Flag State and Port State control.
Day 2

Ship Chartering & Broking Process and Charter Party Common Clauses

  • Ship Chartering & Broking Process
    • Types of Vessels
    • Types of Vessel’s Charter Parties
      • Time Charter
      • Voyage Charter
      • Pare Boat
    • Legal Aspects between the Owning, Operating & Chartering Partners
    • General and additional Clauses of the Charter Party
    • Responsibilities Owners & Charters under time/voyage charters
    • The responsibility of the Master, Officers and Engineers
    • Shipbroking and Chartering
      • Shipbroker - Origin and Practice
      • Brokers and their functions
      • Tanker Chartering
  • Charter Party Common Clauses
    • INCOTERMS and CIF, CFR and FOB export sales.
    • The Concept of Seaworthiness
    • Glossary of Chartering Terms
    • Charter Party Clauses
      • Laycan, Laytime, Notice of Readiness, Demurrage & Dispatch
    • Clauses associated with Costs
    • Interruption of laytime (weekends/holidays, shifting, strikes, breakdowns)
Day 3

Chartering Documents & Ship Management and Logistics

  • Chartering Documents
    • Charter Party
    • Bill of Lading main types and commercial functions.
    • The Hague, Hague Visby and Hamburg Rules and their legal impact on the parties to a Bill of Lading.
    • Commercial Invoice
    • Cargo Manifest
    • Booking Note
    • Cargo Documents
      • Bill of Lading, Cargo Manifest, Certificate of Origin, Certificate of Quality, Notes of Protests, Statement of Facts & SSSCL
  • Ship Management and Logistics
    • Roles of Departments in a shipping company
    • Ship Operations and Management
      • Port Agency, Liner Agency & Freight Forwarder
    • Transporting Cargo
      • Methods of Transporting Cargo
      • Cargo Handling Equipment
Day 4

Maritime Liabilities & Marine Insurance

  • Maritime Liabilities
    • Shipowner loss & liabilities
      • Collisions, jetty contacts and groundings
      • Hull and engine damage repairs and time lost
      • Cargo damage, pollution, crew injury and death
      • Sinking and total loss
    • Charterer liabilities:
      • Unsafe port and berth claims by shipowners
      • Stevedore damage
      • Contaminated bunker fuel damage to ship’s engines
      • Bunker pollution
    • Cargo owner loss & liabilities
      • Cargo damage, total loss or CTL while in transit.
      • Cargo theft and piracy.
  • Marine Insurance
    • What is Marine Insurance
    • Principles of Marine Insurance
    • Functions of Marine Insurance
    • Basic principles of marine insurance as a contract of indemnity.
    • Marine Insurance Policies
    • Types of Marine Insurance
    • Insurance claims settlement, subrogation and recovery claims
    • The International Group of P and I Clubs
Day 5

Factors Affecting the Vessel Management of Operational / Economical Parameters

  • Vessel Management & Operational
    • Ship Management
      • Technical Management
      • Economical Management
    • Economic Parameters of Sea-Going Vessels (Shipping terminology, Ship’s tonnage (weight, displacement, capacity)
      • Ship Measurements
      • Tonnage
      • Capacities
    • Vessel Certificates
      • Requirements According to Vessel Type
      • Requirements According to Navigational Geographical Areas
    •  The Implication of The Existing and Future Structure of the Maritime Trade and The current Fleet
      • Registering Flag Requirements
      • Challenges for Vessel Registry
  • Vessel Economical Parameters
    • Procedures and processes for preparing the ship before handing it over to the charterer.
    • LNG carrier rental prices reach record levels.
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
Related Categories
Ships & Port Management

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

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Training courses delivered within Saudi Arabia and across international locations.

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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

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For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

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For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

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