Note: Course dates for the M.I.C.E Global organised ‘Masterclass’ on ship sale and purchase agreement have been rescheduled to take place from 22 to 23 September. [Updated on 21 July]
The Director of Singapore-based specialist international shipping and commodity law firm Helmsman LLC is holding a ‘Masterclass’ on ship sale and purchase agreement organised by training provider M.I.C.E Global Pte Ltd.
“Sale and purchase law is a highly specialised branch of maritime law. Problems can arise out of the blue, very often in a tight window of a few days before the ship is due to be delivered and paid for,” said Maureen Poh.
“It is vital to get to grips with the problem immediately in order to deal with it effectively.”
Poh added that knowledge from the masterclass can be applied to transactions within the bunker tanker segment.
She notes that the Norwegian Saleform has long been the standard industry contract for the sale and purchase of second-hand ships.
The document has been used all over the world on a daily basis; however, similar to all basic blueprints, it has changed and evolved over the years to accommodate new problems and changing commercial practices.
A new ship sale agreement under preparation by BIMCO is expected to cover several additional issues, reflecting changing problems and needs.
“This masterclass will give you a clear and concise picture of the problems which have occupied the shipping industry in recent years – and some of the problems which have now emerged in the age of COVID-19, sanctions and other global developments. The masterclass will also discuss solutions to these problems,” states Poh.
KEY BENEFITS OF ATTENDING
WHO SHOULD ATTEND
Lawyers, in-house Counsel, ship operators, brokers, finance houses, banks and all those involved in the sale, purchase, finance and escrow arrangements for the sale and purchase of secondhand ships. Teachers, students and prospective students of maritime law interested in sale and purchase issues.
Date: 29 to 30 July 22 to 23 September
Time: 9:00 am to 5:00 pm SGT
SGD 1,995 per delegate (Special rate for online training only)
SGD 3,195 per delegate (Original classroom fee)
Note: Delegates interested in attending the ‘Masterclass’ on ship sale and purchase agreement may register through the M.I.C.E Global training portal here.
Photo credit: M.I.C.E Global
Published: 29 June, 2021
Between November 2016 and October 2017, Mr Tan falsified at least 20 invoices and submitted these invoices to UOB and OCBC, according to court documents obtained by bunkering publication Manifold Times.
‘CSM Taurus arrived in Singapore during mid-September and is currently undergoing final preparations before starting commercial operations,’ General Manager of CSM tells Manifold Times.
Criminal syndicate’s tampering with MFMs on bunker tankers Southernpec 6 and Southernpec 7 conceptualised by three masterminds and carried out by cargo officers on board, according to joint statement.
Seeks information connected to SGS COQs of Gas Oil and Marine Diesel Oil cargoes loaded on board Vinalines Glory from the Vopak Banyan Terminal in Singapore between January and February 2013.
Additional topics of bunker contamination and OCM services discussed at VPS’ Fuel Management Challenges – The Year of 2021 & Beyond webinar on 23 September; Manifold Times summarises the session.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.