An Interactive 5-Day Training Course
Maritime Law, Insurance and Claims
An Overview of the Regulatory and Contractual Frameworks in the Maritime Industry
Course Overview
Maritime Law, Insurance and Claims can lead to significant inroads into an organisation’s budget due to costly litigation processes and dispute settlement processes. A good scrutiny and overall analysis of draft contracts to remove ambiguities and risky clauses can make the vital difference to bottom line success or failure of an organisation. professionals involved in the legal and technical side of the shipping and logistics industry must be able to work effectively together and/with customers and contractors to accomplish key organisational objectives.
This training course provides an in-depth overview of all phases of contracting and will enable you promoting an understanding of the key principles. It is designed to equip you with the structure of maritime commercial law, damages, insurance and claims thereof is a key component of the modern professionals' skill set in a variety of contracting contexts. The training course will provide an overview of the regulatory and contractual frameworks which govern the maritime industry and is specifically designed for working professionals and will cover essential topics in maritime law and the legal and practical requirements of shipping contracts.
This GLOMACS training course will highlight:
- The interactions of national legal systems in this field and the importance of English law
- The contractual frameworks with existing regulations and selective leading case law
- Insurance and damages
- Drafting claims
- Negotiating contracts profitably
- Arbitration and Alternative Dispute Resolution (ADR) Techniques
Training Outline
DAY 1: The Commercial and Legal Framework
- The Legal System & Fundamental legal principles
- Mandatory elements of a legally enforceable contract
- Contract formation
- Terms and conditions
- Contract terms
- Interpretation of contract terms
- Assessing available remedies for breach of contract
- Rescission
- Compensatory damages
- Consequential and incidental damages
- Liquidated damages
- Specific performance
- Injunctive Relief
Avoiding Risk through Contract Termination Clauses
- Common termination clauses
- Penalty provisions
- Avoiding common pitfalls
Reducing Risk through Effective Use of Force Majeure Clauses
- Understand the purpose and risks this clause is intended to mitigate
- Avoiding common Force Majeure pitfalls
- Protect yourself from abuse and misuse of this clause
- Mechanics of exercising Force Majeure rights
DAY 2: Essentials of Maritime Law
- Understanding legal system governing contracts
- International Private Law Rules and Conflict of Laws
- Charterparties
- Incorporation of the HagueVisby Rules; fixtures ‘sub details’; safe ports; dangerous goods; seaworthiness; class; delivery and redelivery; hire; freight, laytime and demurrage; liens
- Shipping Documents in International Trade
- The Vessel and her Liabilities: Collision and Marine Casualties
- Pollution Claims
Avoiding Common Contract Pitfalls & Negotiations
- Exclusion of liability
- Exclusion of one’s own fault
- Use of words and phrases such as notwithstanding
- Without prejudice to, subject to, and such other terms and phrases encountered in contract documents
- Representations and warranties
- Guarantees
Insurance Claims and Uncertainties
- Commonly Available Insurance Covers and Standard Clauses
- The type and application of Insurance Cover
- Uncertainties in validity of claims
- Substantiation of Claims
- Claim against whose insurance policy Charterer or Shipowner?
DAY 3: Fundamental OSV Chartering Concepts
- Types of vessels considered to be OSVs
- Contracts used in OSV chartering
- The role of owners, charterers, customers, insurers/P&I Clubs, brokers, other contractors and governments
- Interests involved- private commercial interests, public interests
- An overview to Allocation and management of risk
- Introduction to knock-for-knock indemnity
Key Liability Clauses in OSV Chartering
- Indemnity
- Persons and entities covered
- Exclusions
- Examples of various type of indemnity provisions
- Practical Exercise: Contract drafting exercise –Drafting effective indemnity clauses
- Limitation of Liability Clauses
- Overall Contract Limitations
- Liquidated Damages vs. Penalties
- Mutual Waiver of Consequential Damages
- Insurance, including additional-assured status and subrogation waivers
DAY 4: Drafting Claims
- Guidelines for drafting routine claims and invoices
- Claims to be Contractually enforceable
- Substantiation of additional claims
- Claims for unexpected events
New OSV Shipbuilding Contract
- Maritime Risks
- Collision
- Pollution
- Rescue Operations and Fire Fighting- Standby Duty
- Safety of Client’s Personnel in Living Quarters of OSV
- Salvage
- Warranties and Guarantees
DAY 5: Dispute Resolution in Maritime Contracting
- Types of dispute resolution vehicles: negotiation, arbitration, mediation, litigation, expert determination
- Importance of the dispute resolution clause
- Framing the dispute resolution clause
- Ad hoc dispute resolution agreements
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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