Commodity Shipping (CS)

CS Gafta’s Commodity Shipping Course is the third course in the GPD series and covers both the practical and legal aspects of shipping commodities. The course will address the essential documents involved in the process, key features of vessels, sampling cargo and how all of these relate to, and affect, your sale contract.

The course is part of the Gafta Professional Development (GPD) programme, which enables trade professionals to advance their career in the industry by taking the Trade Diploma, or for those going on to become Gafta arbitrators via the Arbitrator Diploma. It is recommended (but not compulsory) that the Trade Foundation Course is attended before other training courses.

Topics include:This course is aimed at trade professionals who:
  • Sales contract and charterparties
  • Bills of lading
  • Time charters
  • Loading
  • Demurrage
  • Laytime
  • Ship commodities internationally and need to understand the process and their firm’s obligations under various contracts
  • Have attended other GPD courses and want to take their industry training to the next level
  • Have been in the trade for some years but want to expand their knowledge of areas outside their workstream

Course Exams

  • At the end of each GPD course is an exam, which students have up to 1 hour to complete.
  • The exam is a mixture of multiple choice and free-text questions. There are no essays required within the exam. It is open book, so students can use all their notes and course materials to help them complete it.
  • Should a student fail, they will get 1 chance to retake, which can be done online. Retakes must be completed within 5 days of the link being issued. Failure to pass the retake means that the student has failed the course and is advised to re-book onto the next date.

Certificates

Candidates who pass the exam will gain a certificate for the course. There are no certificates of participation/attendance for GPD courses, only for students who pass the exam.

Sample Agenda

Day 1   0900 – 1700 | 1700 - 1830
Includes: Networking lunch and drinks
Day 2 0900 – 1700
Includes: Networking lunch