Introduction
The iron and steel industry relies heavily on maritime transportation as the primary means of transporting raw materials such as iron ore, coal, limestone, and scrap, as well as shipping finished products to international markets. Maritime transportation costs represent a significant portion of the total production cost, making the effective management of charter party agreements and logistics services a key factor in enhancing the competitiveness of steel companies.
This training program aims to provide participants with the legal, commercial, and practical knowledge required to manage charter party agreements, vessel chartering procedures, cargo loading and unloading operations, the calculation of Demurrage and Dispatch, and logistics risk management. These competencies contribute to reducing transportation costs and improving supply chain efficiency. The program covers the fundamental concepts and practices adopted by internationally recognized references and professional training programs in maritime shipping and charter party management.
Module 1: The Steel Industry and Maritime Transportation
- Supply chains in the iron and steel industry.
- Types of dry bulk cargoes.
- Global maritime transportation markets.
- Freight market indices and shipping rate indicators.
Module 2: Charter Parties
- Definition and purpose of a Charter Party.
- Principal parties to the contract.
- Types of charter parties.
- International standard charter party forms.
Module 3: Essential Clauses of Charter Party Agreements
- Vessel description.
- Cargo specifications.
- Loading and discharge ports.
- Freight rates.
- Contract period.
- Force majeure.
- Arbitration and dispute resolution.
Module 4: Laytime, Demurrage, and Dispatch
- Laytime calculation.
- Demurrage calculations.
- Dispatch calculations.
- Practical case studies.
Module 5: Maritime Shipping Documents
- Bill of Lading (B/L).
- Certificate of Origin.
- Customs documentation.
Module 6: Logistics Management for the Steel Industry
- Supply chain planning.
- Inventory management.
- Multimodal transportation.
- Port and terminal management.
- Handling of iron ore, coal, scrap, and finished steel products.
Module 7: Risk Management
- Contractual risks.
- Operational risks.
- Maritime claims.
- Marine insurance.
- Dispute management and arbitration.
Module 8: Practical Applications
- Analysis of actual charter party agreements.
- Practical exercises on Laytime and Demurrage calculations.
- Negotiation simulations with shipping companies.
- Case studies from iron and steel companies.