OFFSHORE, PROJECT & HEAVYLIFT CHARTERING. Supported by: West Gulf Maritime Association. Houston

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1 Supported by: West Gulf Maritime Association Houston September 2017

2 Day 1 Standard shipping contracts for those in the offshore industry 09:00-10:00 Overview of the most commonly used contracts in the offshore and heavy lift sector: Supplytime 89/2005 WINDTIME HEAVYCON 2007/HEAVYLIFTVOY TOWCON 2008/TOWHIRE 2008 PROJECTCON BARGEHIRE Even though the use of any of these contracts vary considerably, some of them also have a range of common features. What are the strength and weaknesses of these contracts and how are they used in the industry? 10:00-10:15 Coffee 14:30-14:45 Coffee 14:45-15:45 Knock-for-knock and general issues of insurance: understanding the knock-for-knock principle the A Turtle the reasoning behind knock-for-knock service contracts how knock-for-knock actually operates liabilities borne by the charterer under the BIMCO form the role of insurance gross negligence and willful misconduct reasons to agree or not to agree knock-forknock consequential loss exclusions vessel tonnage limitation. 15:45-17:00 Case study 1: SUPPLYTIME 10:15-11:15 Principles of English contract law and their relevance to the contracts: dispute resolution clauses principles of interpretation breach of contract repudiation damages force majeure and frustration express termination rights. 11:15-12:15 Dealing with disputes: correspondence and reservations disclosure of internal correspondence in English court and arbitration hearings dispute resolution venues practical hints and tips. 12:15-13:00 Lunch 13:00-14:30 Introduction to SUPPLYTIME key features of the contract: How does the form work? Supplytime is a hybrid Why is it owner friendly? In what ways is it owner friendly? future development: Supplytime 2015 key issue delivery, late delivery and extensions key issue vessel description key issue vessel maintenance key issue non payment of hire, suspension and withdrawal key issue termination.

3 Day 2 Heavylift and project cargoes 09:00-10:30 Heavylift project cargo charters part I: introduction to HEAVYLIFTVOY/HEAVYCON and PROJECTCON overview and history of the contracts differences in use and application scope of work loading/discharging risk allocation. 10:30-10:45 Coffee 10:45-12:15 Case Study No 2: HEAVYLIFTVOY 12:15-13:00 Lunch 13:00-14:00 Drafting specialist clauses a practical guide: helicopter operations walk to work transfer facilities accommodation during prolonged offshore operations. 14:00-15:00 Towage contracts a practical guide: a review of the BIMCO suite of ocean towage forms structure of the forms notices and payments best endeavors obligations special features of Towcon special features of Towhire amendments to the standard forms. 15:00-15:15 Coffee 15:15-16:00 General discussion on negotiating and operating charter parties 16:00-17:00 Case study 3: HEAVYCON Speakers Organiser Tony Concagh Tony Concagh is a partner at Stephenson Harwood in London and a member of its energy team. He acts for a number of oil and gas industry contractors in business areas such as drilling and exploration; offshore supply; heavylift, transportation and installation; subsea pipe and cable laying; engineering, project management and major (EPIC) construction projects. He advises on issues such as downtime provisions, bridging agreements; design and procurement, contractual risk analysis, delay and disruption claims and contractual disputes generally. He also has specialist knowledge of insurance and risk transfer within the industry. Ian Perrot Ian Perrott began his shipping career in 1976 as a boarding clerk in Falmouth. In 1982 he joined Stewart Offshore in Greenwich as an offshore broker. In 1987 he joined Maersk Co. Ltd in Aberdeen as the Assistant Chartering Manager for their PSV s, AHTS vessels and a DSV. In 1990 he moved to Sealion Shipping Ltd to become the Chartering Manager for their fleet of various offshore and subsea vessels. In 2004 he was appointed to the Sealion main board as Commercial Director and in 2009 relocated to Hamburg after accepting an invitation to become the Managing Director for ER Offshore. Paul Dean Paul specialises in marine and offshore, focusing mainly on dispute resolution arising from charterparties, bills of lading, shipbuilding, rig disputes, collisions, fire and explosion, salvage, general average, groundings, total loss, towage, seismic and limitation. He is also head of the firm s personal injury practice. Paul is a member of the India Maritime Association in the UK and a member of the Marine Personnel Committee of the British Chamber of Commerce. He is regularly quoted in the press, speaks at and chairs conferences and is on the BIMCO panel for our Using Supplytime Course. Experience gained working for an International Group P&I club enables hom to combine practical understanding with the legal role and he is identified in the Legal Directories as one of the leading individuals in his fields. I have worked with Paul many times doing training and he is excellent. Peter Grube Peter Grube is Head of Training: Courses and joined BIMCO in His first position was in the Support & Advice team, where he assisted BIMCO members with a wide range of commercial issues. In 2000 he was appointed Marketing & Sales Director of BIMCO, responsible for promoting and driving forward BIMCO s global position as a leading maritime organisation. In 2005 he transferred to BIMCO Training, developing, coordinating and delivering BIMCO courses and seminars world-wide. Prior to joining BIMCO he worked in ship ownership in Copenhagen as well as sale & purchase in Greece. He is a graduate from the Danish School for International Marketing & Export and is a Chartered Shipbroker (FICS). He holds a Master s in Education and Learning from Roskilde University (RUC).

4 Venue Hyatt Regency Houston 1200 Louisiana Street Houston, TX 77002, USA houstonregency.hyatt.com Registration Fee: BIMCO members & supporting organisations: EUR 790 Non-members: EUR 1150 Free of VAT: EU 6th VAT Directive, reverse charges apply. Private persons registering without the support of a VAT registered company, please contact bimcocourses@ics.dk. The fee includes coffee breaks, lunches and course materials but not accommodation; this should be arranged by the participant directly with the hotel. Early bird discount: A 10% discount is available if registration and payment is received by 18 June or Group discount: Signing up 3 or more participants from the same company entitles you to a 10% group discount. Please note that the early bird discount and group discount cannot be combined. How to register: Sign up online at: and click on Training. Registration will be handled on a strictly first come, first served basis. Once you have registered, a confirmation will be sent to you but you will only have a confirmed place on the course after your payment has been received. Cancellation: You can cancel up to two weeks before the course start date and receive a 50% refund of the course fee. You will not receive a refund after this date. BIMCO Informatique A/S reserves the right to update the course programme and/or cancel the course in case of insufficient advance registration. Payment: Substitution: Registration and payments will be confirmed by our conference organiser, MCI Copenhagen A/S. MCI will confirm your place by after they have received your payment. Questions about registration or payment can be directed to: confirmation@mci-group.com Tel: (Fax: ) Payment should be paid within 1 week after you have registered. After 1 week your registration will be cancelled. If you are on a waiting list and a place becomes available, you will need to pay within 24 hours to confirm your place. Substitution can be made free of charge until one week before the course begins. Visa invitation letters: Course material: Questions: If you need an invitation letter to support your visa application, contact training@bimco.org and BIMCO will issue one to you once your payment has been confirmed. BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes using a computer or tablet. You will need to bring a computer or tablet to the course! All documentation and presentations will be in English. Questions about registration or payments to: confirmation@mci-group.com Questions about the course to: training@bimco.org

5 For more information, please contact: Bagsvaerdvej 161 DK-2880 Bagsvaerd Denmark Tel: Web: mdm-14 June :28 AM

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