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Principles of Shipbroking & Chartering

Who Should Attend

  • Recent graduates looking for a career within the shipping industry
  • Shipping professionals who wish to enrich their know-how and improve their professional status
  • Nautical Officers
  • Officers of the Merchant Marine serving both at sea & onshore   
  • Young professionals with the determination to enter the shipping industry
  • Etc.

Course Objectives

The Advanced Diploma in Shipping Management is accredited by the International Association of Marine and shipping professionals and is designed to develop professionals equipped with the skills, knowledge and expertise required for a successful career in the demanding and highly competitive world of Shipping.
The training course program provides participants with an in-depth knowledge of the commercial aspects of shipping and commercial law affecting the merchant shipping operations as well as other legal requirements governing the maritime sector. The program balances academic rigor with practical experience in order to serve the needs of tomorrow’s ship managers in the most effective ways.
Participants will gain solid foundations of ship management, maritime economics, ship technology, chartering, maritime law, insurance, risk and strategic management, which are particularly relevant for companies in this sector.

What will you gain?

The benefits of studying with the Institute is that you become a Full Member of the International Association of Marine and Shipping Professionals whilst training and you can therefore participate in all Association activities, including face to face courses, seminars and conferences.

Utilise our links with leading companies in the shipping industry and gain access to work-experience placement opportunities.

To qualify the participants as Accredited Shipping Professional, Ship and Operation Managers,

Each subject completed, will see deliverance of Certificate of Completion.

Course Content

  • Introduction to freight markets/ship types
  • Roles  played by brokers/ charterers/ principals
  • General idea of International Sales contracts (FOB, CIF, EX Works, etc.) and how they can lead to chartering requirements
  • Brief outline of documentary credit and role of shipping documents, especially role played by B/L
  • Voyage Charters (Dry Cargo)
  • Voyage Charters (Tankers)
  • Time Charters
  • Common Problems encountered in chartering


It's very helpful to get the full picture of all actors in chartering, their tasks, rights, obligations and so on. The information was very relevant and helpful.

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