Executive Maritime Management
INTRODUCTION
Directors in today’s strongly competitive maritime industry should adapt with nonstop continuous technical, regulatory and commercial development. They must be able to expect future openings and act proactively, equipped with up-to-date abilities and comprehensive information in case they need to hold their competitive edge. This programme has been outlined to supply a “boot camp” for supervisors. It is ceaselessly upgraded to address issues of basic significance within the maritime industry over its operational, technical and commercial perspectives.
OBJECTIVES
Explain the fundamental principles of contemporary maritime and regulatory issues
Analyse the challenges and trends in maritime markets
Discuss the corporate and economic driving forces in the sector
Discuss the fundamentals of maritime and ocean governance
Discuss the management tools, with a focus on maritime spatial planning
Appraise the ship finance sector in terms of markets, participants, sources of ship finance, current trends and future challenges
Implement financial analysis for investment in the shipping industry
Analyse the cost of capital and the capital structure of maritime organizations
Develop a deep understanding of shipping bank processes when extending a shipping loan facility
Evaluate alternative sources of capital for shipping projects
Evaluate the appropriateness of private and public equity and high-yield bonds
Understand fundamentals of individual and group processes and how they relate to management and organizational behaviour
Explore human resource management theory and applications in the maritime industry
Explore leadership theory and applications in the maritime industry
Appreciate ethics and social responsibility from a corporate/organizational perspective
Identify key safety and security issues relevant to the maritime domain
Evaluate the risk associated with various maritime safety and security scenarios
Understand the role of various IMO conventions (SOLAS, MARPOL, STCW, SAR), codes (ISM code, ISPS code) and instruments (III) in mitigating the risk of safety and security challenges
WHO SHOULD ATTEND ?
Managers from the shipping industry
Managers from the oil and gas industry
Administrators in contact with the shipping industry fleet managers and commercial analysts
Shipping industry employees
NGOs
COURSE OUTLINE
Day 1
CONTEMPORARY GLOBAL MARITIME REGULATORY AND MANAGEMENT ISSUES IN THE SHIPPING SECTOR
Maritime economic and corporate driving forces
Maritime markets, challenges and trends
Leadership culture in the field of maritime conventions, expertise in public relations and communications
Public relations and communication imperatives
Maritime and ocean governance
Maritime spatial planning
Ocean sustainability
Day 2
STRATEGIC FINANCIAL TOOLS
Shipping markets: cyclicality, timing and forecasting
Capital budgeting and investment appraisal
Cost of capital and capital structure in shipping
Financial analysis of a shipping project
Bank shipping loans and bank syndication
Bank credit policy and analysis
Bank loan monitoring, legal considerations and workouts
Issuance of a shipping bank loan
Alternative sources of ship financing (public and private equity and debt, leasing, etc.)
Day 3
HUMAN RESOURCE MANAGEMENT
The nature of management and organizations; organizational structure, culture and learning
Individual and group processes in organizations
HR management principles, policies, procedures and systems
Day 4
ORGANIZATIONAL PROCESSES AND LEADERSHIP IN A MARITIME CONTEXT
International and national labour law applications in the maritime industry
Management of change in maritime organizations
Leadership concepts and applications
Corporate social responsibility
Day 5
EFFECTIVE MANAGEMENT OF SAFETY, SECURITY AND RISK
The human element in a socio-technical system
Occupational health and safety and social regulation in shipping context
An overview of risk assessment - concepts and methods
Risk management - mitigating and controlling risk in poor safety and security situations
Risk management in the IMO - an introduction to FSA and other IMO tools
The need for accident investigation in the maritime industry
Learning from past mistakes - how to investigate an accident
IN-HOUSE TRAINING
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