Certificate in Dry Cargo Chartering

June 27, 2021

The aim of this certificate in Dry Cargo Chartering is to provide candidates with a thorough knowledge on the legal, economic, operational and commercial aspects of the shipping industry followed by a comprehensive and practical insight to the subject of Dry Cargo Chartering.

Program Aim:

The aim of this programme on Dry Cargo Chartering is to provide candidates with a thorough knowledge on the legal, economic, operational and commercial aspects of the shipping industry followed by a comprehensive and practical insight to the subject of Dry Cargo Chartering. The programme provides candidates with all the necessary knowledge to become an efficient, effective and professional ship and dry cargo broker.

Program Structure:

The programme comprises five (05) modules. The first four modules are the four compulsory Group-1 subjects of the Institute of Chartered Shipbrokers (ICS) U.K as follows:

  • Introduction to Shipping
  • Economics of Sea Transport & International Trade
  • Legal Principles in Shipping Business
  • Shipping Business

The fifth module is “Dry Cargo Chartering” – the Group 2 specialist subject of the Institute of Chartered Shipbrokers (ICS) U.K. covers the following key topics:

  • Dry Cargo Ships
  • Dry Cargo Ship Tonnages
  • Freight Markets and Market Practice
  • Chartering Contracts
  • Financial Elements of the Charter Party
  • Laytime Calculations
  • Voyage Estimation
  • Bills of Lading and Cargo Claims
  • World Trades
  • Disputes and Professional Indemnity

Programme Benefits:

This programme is ideal for new starters or those working in the shipping business looking to further their knowledge in the dry bulk cargo sector of the shipping industry. It is also aimed at industry personnel who wish to proceed down the career path leading to the business of dry cargo chartering and brokerage. The programme will also be highly beneficial to students who simply wish to expand their knowledge of this specific sector of the shipping industry.

On successful completion of the programme, learners will have:

  • Knowledge of the dry cargo market and how this part of the industry works.
  • Knowledge of the role of the shipping practitioners – ship owner, charterer and shipbroker.
  • Clear understanding of the employment of ships and the international trade practices, lay time calculations and bills of lading.
  • Clear understanding of the nuts and bolts of the various time and voyage charter parties and relevant shipping documentation.

Programme outcomes:

  1. Level -5 Award in Maritime Logistics Management (Dry Cargo Chartering): 

On successful completion of the programme comprising the five (05) modules, a Level -5 Award in Maritime Logistics Management (Dry Cargo Chartering) will be issued by the Abu Dhabi Maritime Academy (ADMA), approved by the National Qualification Centre (NQC) Ministry of Education, U.A.E. The Level-5 Award certificate will provide details of the topics that are covered and certify that the holder of the certificate has completed forty credits (600 hours) of structured learning in Dry Cargo Chartering.

  1. Institute of Chartered Shipbrokers (ICS) U.K. Foundation Diploma / Advanced Diploma:

Abu Dhabi Maritime Academy (ADMA) is a Registered Training Provider (RTP) of the Institute of Chartered Shipbrokers (ICS) U.K.  On completion of the program, the candidates may appear in the examinations of the Institute of Chartered Shipbrokers (ICS) U.K conducted at the Abu Dhabi Maritime Academy (ADMA) in May and November every year. Upon passing these examinations, the candidates could obtain the internationally acclaimed Foundation Diploma / Advanced Diploma from the Institute of Chartered Shipbrokers (ICS) U.K. This may lead to the prestigious full Membership of the Institute of Chartered Shipbrokers (MICS) U.K on passing the ICS Professional Qualifying Examinations (PQE).

Programme Details:

Duration:

The programme duration is six hundred (600) hours comprising four hundred and fifty (450) hours of classroom / online teaching, assignments, case studies and presentation spread over thirty (30) weeks and one hundred and fifty (150) hours of workplace attachment spread over ten (10) weeks. The classes will be conducted from Monday to Friday every week from 0800 hours to 1100 hours or 1600 hours to 1900 hours.

Assessment:

Written assessments comprising subjective questions as well as quizzes, assignments and case studies with 60% pass marks.

Attendance:

90% attendance is required.

Entry Requirements:

Preferred entry requirement is a Bachelor’s degree in any discipline. Minimum entry requirement is twelve years of structured education or Advanced Level (A’Level). A good working knowledge of written and spoken English with a minimum IELTS Level-5 or equivalent is required.

Accreditation:

ICS accredited & NQC approved as Level-5 Award.