Advanced Diploma in Dry Cargo Chartering

June 27, 2021

The aim of this diploma 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.

Aim of the Diploma:

The aim of this diploma 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 diploma provides candidates with all the necessary knowledge to become an efficient, effective and professional ship and dry cargo broker.

Structure of the Diploma:

The Advanced Diploma in Dry Cargo Chartering 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 of the Advance Diploma is “Dry Cargo Chartering”, the Group 2 specialist subject of Institute of Chartered Shipbrokers (ICS) U.K. covering the following key topics

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

Diploma outcome:

  • Knowledge of the dry cargo market and how this part of the industry works.
  • Knowledge of the role of the shipping practitioners – the ship owner, the charterer and the 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

Benefits

This course is ideal for new starters or those working in the shipping business looking to further their knowledge in the dry 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 course will also be highly beneficial to the students who simply wish to expand their knowledge of this specific sector of the shipping industry.

Course Details

Duration: The diploma course duration is six hundred (600) hours comprising four hundred and fifty (450) hours of classroom / online teaching and one hundred and fifty (150) hours of assignments, case studies and presentation spread over thirty (30) weeks The classes will be conducted from Sunday to Thursday every week from 0800 hours to 1100 hours.

Assessment: Written assessments comprising subjective questions as well as quizzes with 60% passing marks.

Attendance: 90% attendance is required.

Entry Requirements: Preferred entry requirement is a bachelor degree in any discipline. Minimum entry requirement is a Diploma in a relevant discipline accompanied with minimum of 2 years of experience.

Advanced Diploma Award: On successful completion of the Diploma Course comprising five (05) modules, an Advanced Diploma in Dry Cargo Chartering will be issued by Abu Dhabi Maritime Academy recognised by National Qualification Authority (NQA) U.A.E. certifying that the holder of the certificate has completed thirty credits (1350 hours) of structured learning in Dry Cargo Chartering. The Diploma will also provide details of the topics that are covered.

Accreditation: ICS accredited & NQC endorsed.