2018 agenda talking points
A review of Supplytime 2017 in practice, one year on
Delegates found out what the uptake has been like on the new contract and the key differences between Supplytime 2005 and 2017
Practical legal workshops
Workshops looking at negotiating and amending an OSV chartering contract.
Interactive sessions based on real life examples such as an OSV charter termination focusing on the problems encountered and the solutions applied
Consider the role of the broker in ensuring that the deal gets done and where they add value to the process
Delegates examined the procedures for terminating a charterparty and the consequences for both parties. They learned about the early termination for cause under English law and also terminating OSV new build contracts.
Delegates learned about the interplay of insurance and indemnity, got up to speed on insurance clauses and understood the allocation of risk
Offshore market analysis
Received an update on charter rates, ship values and business opportunities for the offshore market to survive the market downturn
2018 learning outcomes:
- Understood the consequences of increased counterparty risk and how to deal with them
- Learned about the practicalities of amending agreements
- Found out about Supplytime 2017 in practice – who has been using it?
- Learned about insurance issues and the interplay of insurance and indemnity
- Examined procedures for termination of contracts and payment of hire
- Received detailed analysis of knock for knock
- Examined the soft market conditions and impact of allocation of operational risk
- Gained OSV owner feedback on contracts in practice
2018 speaker highlights
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The OSV Chartering Contract Management seminar is worth 12 CPD points.
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