Incident Investigation: What is an Incident? Types of Incidents - Identify What, Why, How it Happened -How to Prevent it from Happening Again - Incident Reporting - Root Cause Analysis: Finding reasons for demurrage and ways to reduce it
This two-day course covers the topics you need to know to better understand the more complex issues of charter parties, laytime and demurrage such as:
Program Objective: Participants take an in-depth study of the industry key charter party clause interpretation, actual case studies, arbitration rulings and awards, and parallel contracts, i.e. purchase and sale agreements. This session will most benefit anyone already familiar with the fundamentals of contracts and demurrage.