INTRODUCTION
Welcome to the 5-day course on Vessel Ownership & Ship Finance! This intensive program provides a comprehensive understanding of the critical aspects of owning, financing and managing ships in the maritime industry. Whether new to the field or seeking to expand your knowledge, this course will equip you with the essential concepts, tools, and strategies to navigate the complexities of vessel ownership and ship finance.
Throughout the course, you will delve into various topics, including the shipping cycle, types of vessels, forms of ownership, trade routes, ship finance, purchasing second-hand vessels, capital and operating costs of shipping, revenue generation, accounting for shipowners, insurance, ship sales, and turnaround strategies. The content is structured and practical, combining theoretical insights with real-world examples and case studies to enhance your learning experience.
OBJECTIVES
By the end of Ship Finance and Vessel Ownership Course, participants will:
Understand the fundamental concepts of vessel ownership and ship finance, including the shipping cycle, types of vessels, forms of ownership, and trade route implications.
Explore the sources of finance available for buying and financing a ship, and develop insights into working capital management, debt considerations, and credit management.
Acquire the knowledge and skills to effectively negotiate ship sale and purchase transactions, including understanding the legal framework, contract documents, and contingency planning.
Gain insights into the capital and operating costs associated with shipping, including revenue generation strategies, cost management techniques, and decision-making processes.
Develop an understanding of accounting models for shipowners, including cash flow management, budgeting, and financial reporting.
Familiarize yourself with the concepts of ship insurance, industry practices, risk management, and the procedures involved in ship sales, including voluntary and forced sales.
WHO SHOULD ATTEND ?
This course suits professionals and individuals interested in the maritime industry, particularly those involved in vessel ownership, ship finance, and related fields. It is beneficial for:
Shipping industry professionals seeking to enhance their knowledge of vessel ownership and ship finance.
Financial professionals involved in ship financing, including bankers, lenders, and financial analysts.
Legal professionals dealing with maritime law, ship transactions, and insurance.
Entrepreneurs or individuals considering investments in the shipping industry.
Professionals working in ship management, chartering, operations, or accounting for shipowners.
Government officials and regulators are involved in maritime policies and regulations.
COURSE OUTLINE
Day 1
Introduction to Vessel Ownership & Ship Finance
Shipping cycle and vessel types
Forms of vessel ownership and trade routes
Legislation and regulations in vessel ownership
Ship finance: stock exchange, prospectus rules
Ship registration and flag choice
Introduction to tax considerations: tonnage tax
Day 2
Buying, Financing, and Managing a Ship
Sources of finance for ship acquisition
Debt and credit management in ship financing
Key considerations for purchasing second-hand vessels
Commercial aspects and effective negotiation in ship sale
Legal framework and contract documents in ship transactions
3
Chartering and revenue streams for ships
Overview of operating costs and cost management strategies
Day 4
Financial Management for Shipowners
Accounting models and cash flow management
Budgeting and financial reporting for shipowners
Financial analysis and decision-making in shipping
Day 5
Risk Management and Ship Sales
Concepts of insurable interest and risk attachment
Overview of Lloyd's Market and ship insurance
Voluntary and forced sales of ships
Procedures during ship possession and sale
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