Certificate
INTRODUCTION
The Certificate in Ship Sale & Purchase Training Course is a comprehensive and intensive 10-day program designed to give participants a thorough overview of ship sales and purchases. This training course equips participants with the necessary knowledge and skills to navigate buying and selling, ensuring a smooth transaction. Earners of this certificate will gain a deep understanding of ship sale dynamics, including tax considerations, exemptions, and resale opportunities. The course covers a wide range of topics, including:
Ship types, vessel operations and maritime geography relevant to the ship sales market.
Payment processes and organisational aspects for ship registration, classification, and certification processes.
Markets and the parties involved, negotiation techniques, contracts and documentation.
Ship valuation methods, financing and insurance options, and the legal aspects of ship sale and purchase.
Participants will also gain an understanding of sales tax implications, load line certificates, certificates of registry, exemption certificates, and resale certificates.
OBJECTIVES
The objectives of the Certificate in Ship Sale & Purchase Training Course are to provide participants with industryleading knowledge and skills in ship sales and purchases through:
Learn from industry experts: Participants will be taught by hand-picked industry experts with extensive experience in ship sales and purchases. These experts will share valuable experiences and provide practical solutions that can be directly applied to participants' jobs.
Facilitate networking: The course provides an excellent opportunity for networking with international shipping peers. Participants can establish long-term relationships within the industry, fostering collaboration and knowledge sharing.
Enhance proficiency: The course is aimed at practitioners involved in selling and purchasing ships who want to boost their knowledge and become more proficient in ship sales, including tax considerations and understanding of the ship sale process.
Identify potential challenges: By attending this course, participants will learn to identify potential challenges in the ship sale and purchase process before they become significant problems. This understanding will enable them to ask the right questions to the parties involved and effectively manage their risks and exposures.
Deeper understanding: Upon course completion, participants will have a much deeper understanding of ship sales and purchases, including documentation requirements and tax implications. They will be better equipped to comprehend and anticipate procedures as buyers and sellers.
WHO SHOULD ATTEND ?
Certificate in Ship Sale & Purchase is ideal for individuals working in the shipping industry, including:
Shipping company personnel.
Ship managers.
Shipbrokers.
Marine surveyors.
Ship finance and investment managers.
Technical personnel who need an overview of ship sale and purchase contracts.
As well as new starters, recent recruits, and graduates looking to enhance their understanding of ship sales.
COURSE OUTLINE
Day 1
Introduction to Ship Sale and Purchase:
Overview of the maritime industry and its Stakeholders
Importance of ship sale and purchase in the industry
Understanding ship sales and purchases, including tax considerations
Exemption certificates and their role in ship transactions
Day 2
Ship Types and Classification:
Different types of ships and their characteristics
Classification societies and their role in ship classification
Day 3
Ship Sale and Purchase Market:
Market dynamics and trends in ship sales
Key players and intermediaries involved in ship transactions
Day 4
Legal Framework:
International conventions and regulations related to ship sale and purchase
Contracts and agreements used in ship transactions (e.g., Memorandum of Agreement, Sale and Purchase Agreement)
Sales tax implications in ship sales
Resale certificates and their significance in ship transactions
Day 5
Ship Valuation:
Methods and approaches for ship valuation
Factors influencing ship valuation (e.g., age, condition, market demand)
Purchase price determination in ship sales
Day 6
Due Diligence:
Importance of due diligence in ship sale and purchase
Technical and legal aspects of the due diligence process
Investigation and documentation for due diligence
Day 7
Financing and Insurance:
Financing options for ship acquisition
Marine insurance and risk management in ship sales
Tax considerations in ship financing and insurance
Day 8
Negotiation and Documentation:
Negotiation techniques and strategies in ship sales
Preparation and review of relevant documentation
Detailed description and basis of ship sale agreements
Day 9
Delivery and Flagging:
Transfer of ownership and registration procedures
Flagging options and associated considerations
Certificate of registry and its significance in ship sales
Day 10
Dispute Resolution:
Resolution of disputes in ship sale and purchase
Arbitration and other legal processes in ship sales
Tax implications in dispute resolution
LMA Training is capable of conducting this training programme exclusively for your delegates. Please e-mail us on admin@lmitac.com for further information and/or to receive a comprehensive proposal.
DOCUMENTATION
High-Quality material has been prepared by the LMAteam for distribution to delegates. In addition, a special note pad to facilitate note-taking will be provided.
CERTIFICATES
Accredited Certificate of completion will be issued to those who attend & successfully complete the programme.
SCHEDULE
Our Course timings commence at 09:00AM12:45PM and 01:00PM - 05:00PM.
REGISTRATION & PAYMENT
Please complete the registration form on the course page & return it to us indicating your preferred mode of payment. For Further Information, please get in touch with us.
CANCELLATION AND REFUND POLICY
Delegates have 14 days from the date of booking to cancel and receive a full refund or transfer to another date free of charge. If less than 14 days notice is given then we will be unable to refund or cancel the booking unless on medical grounds. For more details about the Cancellation and Refund policy, please visit www.lmitac.com/terms-and-conditions/
TRAVEL AND TRANSPORT
We are committed to picking up and dropping off the participants from the airport to the hotel and back.
CONTACT INFO
LONDON
London - Oxford Street 25 N Row, London W1K 6DJ
+44 (0) 20 36 916 970
Info@lmitac.com
DUBAI
Business Bay, ParkLane Tower, Offices 718 - 719
+971 43880094
Info@lmitac.com