Maritime Insurance & Shipping Law

About the Course

As global shipping activities grow and international regulations evolve, mastering maritime insurance and shipping law becomes increasingly critical. Maritime Insurance and Shipping Law govern maritime activities' legal and insurance aspects, encompassing various protections and regulations for ships, cargo, and maritime operations. Maritime insurance includes coverage types such as hull and machinery insurance, cargo insurance, and protection and indemnity (P&I) insurance, each addressing different risks associated with ship operations and cargo transport. Shipping law is shaped by international conventions like the Hague-Visby Rules, Hamburg Rules, and Rotterdam Rules, which standardise the carriage of goods by sea and address maritime liens, charter parties, and bills of lading. National laws further regulate shipping within specific jurisdictions, and disputes are often resolved through arbitration or specialised maritime courts.

This 5-day comprehensive Maritime Insurance & Shipping Law training course is designed to equip delegates with the knowledge and skills needed to navigate the complexities of maritime operations, insurance policies, and legal frameworks. Delegates will delve into the principles of maritime insurance, gaining insights into various policy types and their applications within the maritime context. It emphasizes practical knowledge, addressing real-world challenges, managing risks, and effectively handling claims. By exploring theoretical concepts and practical scenarios, delegates will confidently enhance their ability to make informed decisions and manage maritime-related disputes.

It is tailored for legal professionals, insurance specialists, and maritime industry practitioners seeking to expand their expertise in maritime insurance and shipping law. Delegates will acquire the skills necessary to understand complex legal issues, ensure compliance with international regulations, and contribute to effectively managing maritime operations.

Core Objectives

The delegates will achieve the following objectives:

• Understand the fundamental principles and concepts of maritime insurance and shipping law
• Analyse various types of marine insurance policies and their applications in different maritime scenarios
• Apply legal principles to resolve common disputes and claims related to maritime insurance and shipping contracts
• Evaluate the effectiveness of different risk management strategies in mitigating maritime insurance risks
• Create comprehensive insurance coverage plans and shipping contracts that comply with international regulations
• Compare and contrast the roles and responsibilities of insurers, shipowners, and other stakeholders in maritime law
• Develop solutions for resolving maritime disputes and enhancing legal procedures in the context of shipping and insurance

Training Approach

This training course employs a blend of interactive lectures, case studies, and practical exercises to facilitate comprehensive learning. Delegates will engage in real-world scenarios and role-playing activities to apply theoretical concepts and enhance their problem-solving skills. The methodology is designed to foster active participation and ensure a deep understanding of maritime insurance and legal practices through hands-on experience and expert guidance.

The Attendees

This training course is ideal for maritime industry professionals who require a deep understanding of maritime insurance and legal frameworks.

It will be suitable for professionals but not limited to the following:

• Maritime Lawyers
• Insurance Adjusters
• Shipping Managers
• Legal Consultants
• Claims Handlers
• Marine Underwriters
• Risk Management Professionals
• Maritime Compliance Officers
• Transport and Logistics Coordinators
• Port Authorities

Daily Discussion

DAY ONE: MARITIME INSURANCE FUNDAMENTALS

• Overview of Maritime Insurance
• Types of Marine Insurance Policies
• Key Terminology and Definitions
• Insurance Coverage and Exclusions
• Claims Process in Marine Insurance
• Roles and Responsibilities of Insurers and Insured
• Risk Assessment and Management in Marine Insurance
• Common Insurance Disputes and Resolutions

DAY TWO: SHIPPING CONTRACTS AND LIABILITIES

• Types of Shipping Contracts
• Charter Parties and Their Terms
• Bill of Lading: Functions and Types
• Freight and Demurrage: Definitions and Calculations
• Liabilities and Responsibilities of Shipowners
• Carriers’ Responsibilities and Defenses
• Clauses and Provisions in Shipping Contracts
• Impact of Contract Breach and Remedies

DAY THREE: MARINE LIABILITY AND INSURANCE

• Liability for Marine Accidents
• Collision Liability and Insurance
• Salvage and Towage Claims
• Pollution and Environmental Liability
• Product Liability in Maritime Transport
• Personal Injury Claims in Maritime Law
• Maritime Fraud and Insurance Implications
• Limitations of Liability and Insurance Coverage

DAY FOUR: INTERNATIONAL MARITIME LAW AND REGULATIONS

• Key International Maritime Conventions
• Role of the International Maritime Organisation (IMO)
• Compliance with International Maritime Regulations
• Enforcement of Maritime Laws Globally
• Cross-Border Disputes and Jurisdiction
• Maritime Security Regulations
• Updates on the International Maritime Legal Framework
• International and Domestic Laws

DAY FIVE: DISPUTE RESOLUTION AND LEGAL PROCEDURES

• Maritime Dispute Resolution Mechanisms
• Arbitration and Mediation in Shipping Disputes
• Role of Courts in Maritime Law
• Legal Procedures for Filing Maritime Claims
• Evidence and Documentation in Maritime Disputes
• Settlement Agreements and Their Enforcement
• Recent Developments in Maritime Litigation