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INTRO CH 7
PRACTITIONERS IN SHIPPING
| Question | Answer |
|---|---|
| WHAT ARE THE SIX DISCIPLINES THAT FALL UNDER THE TERM SHIPBROKING | 1. SALE & PURCHASE BROKER 2. SHIP MANAGEMENT 3. LINER AGENCY 4. DRY CARGO CHARTERING 5. TANKER CHARTERING 6. PORT AGENCY |
| WHAT DOES UNCAT STAND FOR AND WHAT WERE THE RESULTS FROM THEIR SHIPPING SURVEY. | UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT. THEIR CONCLUSION WAS THAT THE TERMS SHIPPING AGENT TO COVER THE SIX DISCIPLINES PLUS FREIGHT FORWARDERS AND FORWARDING AGENTS. |
| WHAT SKILLS WOULD YOU EXPECT OF A S&P BROKER | 1.WELL VERSED IN SHIP TYPES 2.VICES & VIRTUES OF SHIPS DESIGNS, BUILDERS AND MACHINERY 3.OFFER CLASSIFICATION AND REGISTRATION ADVICE 4.FINANCE OPTIONS AVAILABLE 5.SKILLED NEGOTIATOR 6.EXCELLENT MKT KNOWLEDGE |
| WHAT TYPE OF MARKET INFORMATION WOULD A BUYERS BROKER WANT TO KNOW. | 1.WHAT VESSELS ARE ON THE MKT 2.AVAILABILITY OF BERTHS 3.PRICES OF RECENT SALES 4.RECENT FREIGHT MOVEMENTS INDICATING SUPPLY SITUATION OF VESSELS 5.WHICH SCRAP YARDS ARE LOOKING FOR SCRAP OR WHO ARE FULLY STOCKED. |
| WHATS THE TYPICAL COMMISSION OF S&P BROKERS AND WHO PAYS IT. | THE SELLER PAYS ON COMPLETION OF THE DEAL TYPICALLY 2.5 % FOR SMALL VESSELS AND 1% FOR LARGE. |
| WHAT IS THE ADVANTAGES OF OPEN REGISTRIES FOR SOME OF THE TRADITIONAL MARITIME NATIONS | A RELAXATION OF THE CREWING REGULATIONS ALLOWING FOREIGN SEAMAN ON NATIONAL FLAGGED VESSELS. MANY SHIPOWNERS USE SHIP MNGT COMPANIES FOR CREWING ONLY. |
| WHAT CREWING SERVICES DO THE SHIP MNGT COMPANY PERFORM | 1.CERTS OF COMPETENCY FOR OFFICERS 2.PROPERLY QUALIFIED SEAMAN 3.ONSIGNERS/OFFSIGNER TRAVEL ARRRANGEMENTS WITHOUT DELAYING THE VESSEL 4.WAGES AND ALLOTMENT PAYMENTS MADE ON TIME. |
| THE STORES DEPARTMENT CAN BE SPLIT INTO TWO DISTINCT DEPARTMENTS WHAT ARE THEY AND THEIR RESPONSIBILITIES | TWO DEPARTMENTS: 1 CREW 2 SHIP SUB DIVIDED INTO: A.DECK B.ENGINE ROOM |
| WHAT TYPE OF STORES WOULD THE CREW DEPARTMENT BE RESPONSIBLE FOR: | 1 CREW * FOOD PROVISIONS (KNOWN AS VICTUALLING) CULTURAL & RELIGIOUS PREFERENCES MSUT BE CATERED FOR. *BEDING,CLEAINING MATERIALS,KITCHEN UTENSILS ETC ALL WITHIN BUDGETS |
| WHAT TYPE OF SHIP STORES WOULD BE REQUIRED FOR THE DECK AND ENGINE ROOM | 1.DECK A LASHING ROPES B DUNNAGE C PAINTS D ROUTINE MAINTENANCE CONSUMABLES 2. ENGINE ROOM A LUBES |
| WHO IS RESPONSIBLE FOR THE TECHNICAL MAINTENANCE OF THE VESSEL. | TWO MAIN DISTINCTIONS: 1. ENGINEERING SUPER - EX CHIEF ENGINEER, LOOKING AFTER ALL THE MACHINERY, CARGO HANDLING GEAR AND NAVIGATION EQUIPMENT. 2. MARINE SUPERINTENDENT - EX CHIEF OFFICER, FABRIC OF THE VESSEL AND CLASSIFICATION SURVEYS. |
| WHAT ARE THE TWO TYPES OF INSURANCE HOW IS IT PLACED | 1. HULL AND MACHINERY INSURANCE - ACCESSED VIA A LLOYDS BROKER 2. 3RD PARTY INSURANCE COVERS: A. CLAIMS FOR DAMAGE TO JETTYS B. SHIPS PERSONNEL CLAIMING FOR SHIP OWNER NEGLIGENCE DUE TO INJURY C. CARGO CLAIMS FOR DAMAGED GOODS MUTUAL ASSOCIATIONS OR |
| WHAT DOES P & I INSURANCE COVER AND HOW IS IT PLACED | PROTECTION AND INDEMNITY INSURANCE 1 PROTECTION - FIGHTS OFF UNFAIR CLAIMS 2. INDEMNITY - COVERS CLAIMS THAT HAVE BEEN SETTLED |
| WHAT WOULD A TYPICAL OPERATIONS DEPARTMENT BE RESPONSIBLE FOR. | PLANS THE VOYAGES,SCHEDULES THE BUNKERING AND APPOINTS PORT AGENTS. |
| WHAT IS THE ISM CODE AND WHAT ARE THE OBJECTIVES | The objectives of the ISM Code are to ensure safety at sea, prevention of human injury, loss of life and the avoidance of damage to the environment, in particular to the marine environment. |
| WHAT DO SHIP OWNERS PUT IN PLACE TO ENSURE COMPLIANCE | THEY PUT AN SMS OR SAFETY MANAGEMENT SYSTEM IN PLACE, BASED AROUND THE BROAD GUIDANCE GIVEN IN THE ISM CODE. |
| EXPLAIN WHAT DO DOCS AND SMC STAND FOR AND WHAT IS THEIR FUNCTION | DOC IS THE DOCUMENT OF COMPLIANCE ADHERING TO THE ISM CODE AND IS THE CERTIFICATE GIVEN FOLLOWING A SUCCESSFUL FLAG INSPECTION AUDIT ASHORE. SMC IS THE CERT PRESENTED TO SHIPS AS LONG AS A DOC IS HELD BY THE SHIP OWNER. |
| WHAT IS A DPA WHY WAS IT INTRODUCED | THIS IS THE DESIGNATED PERSON ASHORE AND IS THE CONNECTION BETWEEN THE MNGT AND THE SAILORS ABOARD VESSEL. HIS JOB IS TO SUPERVISE THE OPS OF THE SHIP. INTRODUCED AFTER THE HERALD OF FREE ENTERPRISE. AFTER IT WAS RECOGNISED NOONE WAS RESP FOR SAFETY |
| WHAT DOES ISPS STAND FOR AND WHY WAS IT INTRODUCED | INTERNATIONAL SHIP AND PORT FACILITIES SECURITY CODE. INTRODUCED INTO SOLAS FOLLOWING THE 9/11 TERRORIST ATTACKS. BASICALLY IN TWO PARTS OF WHICH ONE IS MANDATORY. |
| EXPLAIN HOW THE ISPS WORKS | TO ENABLE ASSESSMENT OF SECURITY OF PORT AND SHIPS A RISK BASED APPROACH NEEDS TO BE TAKEN. ISPS IS A STANDARDISED CONSISTENT FRAMEWORK FOR EVALUATING RISK. IT THEN ALLOWS A SECURTY PLAN TO BE FORMULATED. |
| HOW DO WE ENSURE THE ISPS PLANS ARE RIGOUROUS | EACH COUNTRY DESIGNATES AN RSO OR RECOGNISED SECURITY ORANISATION. THE UK ENTRUST THIS TO THE MCA. ONCE SECURITY PLANS ARE DRAWN FOR PORT OR VESSEL, THEY ARE TESTED AND CERTS ISSUED FOR COMPLIANCE |
| WHAT DOES FONASBA STAND FOR WHAT HAS IT DONE WITHIN THE LINER TRADE | FEDERATION OF NATIONAL ASSOCIATIONS OF SHIP BROKERS AND AGENTS. DEVELOPED THE STANDARD LINER AGENCY AGREEMENT WHICH HAS BEEN RATIFIED BY BIMCO. DETAILS AGENTS DUTIES. |
| WHATS A HINTERLAND AGENT | THOSE AGENTS THAT ARE LAND LOCKED I.E AUSTRIA OR SWITZERLAND AND WOULD NOT MEET THE VESSEL |
| WHAT WOULD THE DETAILED DUTIES OF A LINER AGENT BE: | 1. MARKETING & SALES 2. DOCUMENTATION 3. ATTENDING THE VESSEL 4. CONTROL OF EQUIPMENT 5. ACCOUNTING & FINANCE |
| WHAT IS THE TYPICAL REMUNERATION OF A LINER AGENT | LINER AGENCY REMUNERATION IS USUALLY DOWN TO NEGOTIATION. |
| WHAT ARE THE TYPICAL MARKETING & SALES DUTIES OF THE LINER AGENT | 1 BOOKING CARGO 2 PUBLICISE SERVICES 3 MAINTAIN CONTACT WITH CONSIGNEE, SHIPPERS ETC 4 PROVIDE STATISTICAL SALES DATA 5 PRESS AND ADVERTISING WITHIN BGT 6 ISSUE BOL, MANIFESTS CERTS ETC 7 DEAL WITH CONFERENCE, CONSORTIA, ALLIANCE ISSUES THAT COME UP |
| WHAT ARE THE TYPICAL PORT AGENCY DUTIES OF THE LINER AGENT | 1 ARRANGE FOR LOADING/DISCHARGING IN LINE WITH LOCAL REGS 2 ARRANGE AND COORDINATE TALLYMEN STEVEDORES AND OTHER CONTRACTORS 3 SEE TO SHIPS REQ 4 MANAGE ANY CLAIMS ISSUES 5 ATTEND TO ALL DOCS 6 ATTEND TO CLEARANCE 7 PREPARE SOF 8 ADVISE OF ANY STOP |
| WHAT ARE THE TYPICAL DUTIES CONTROLLING EQUIPMENT OF THE LINER AGENT | 1 BOOK THE EQUIPMENT 2 ARRANGE STUFFFING/UNSTUFFING OF LCL CONTAINERS 3 CONTROL AND REGISTER ALL EQUIP 4 SEE TO CUSTOMS REQUIREMENTS AND MOVEMENT DOCS 5 ARRANGE FOR EQUIP AND INLAND HAULAGE |
| WHATS THE BENEFIT OF USING AN EXCLUSIVE BROKER | THE BROKER WOULD BE CONSIDERED LOYAL, HOWEVER WOULD THEY HAVE THE RESOURCES TO GET THE BEST DEAL. ARE THEY TRYING THEIR BEST TO GET THE RIGHT DEAL. |
| WHATS THE BENEFIT TO USING COMPETITIVE BROKERS. | THE INCREASED COMPETITION MEANS THAT BROKERS HAVE TO ACT FAST AND GET THE BEST OF THE DEALS. THEY MAY NOT ALWAYS GIVE OBJECTIVE ADVICE. |
| WHATS A TYPICAL % FOR DRY CHARTERING | 1.5% ON THE FIXTURE |
| HOW IS TANKER CHARTERING SLIGHTLY DIFFERENT TO DRY BULK CHARTERING | FIRSTLY THE CHARTERERS ARE MAJOR OIL COMPANIES AND THE BROKER GENERALLY SITS BETWEEN THE TWO PRINCIPALS. BOTH OF WHICH ARE VERY KNOWLEDGEABLE ABOUT THE MARKET. MANY OF THE BROKERS SPECIALISE IN ONE PRODUCT. |
| WHEN WOULD YOU EXPECT TO SEE A SUPERVISORY OR PROTECTIVE AGENT | SOMETIMES CHARTERERS HAVE THE OPTION TO APPOINT THEIR OWN AGENTS. IF THE SHIP OWNER IS NOT HAPPY ABOUT THIS ARRANGEMENT THEY MAY APPOINT THEIR OWN TO OVERSEE THE WORK OF THE PORT AGENT. |
Created by:
KJPARKER28
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