Course price

Discounts

10% group discount is available for registering 3 or more participants from the same company.

Overview

The SUPPLYTIME Masterclass Online is a series of 10 online sessions split into 5 blocks, examining different versions of the SUPPLYTIME contract. During the sessions, we will also examine the practical and legal differences using SUPPLYTIME for other purposes than OSV/AHTS. Each block will run for 2 x 90 minutes and offers participants a comprehensive overview of the commercial and contractual issues involved.

What will you learn?

Dates and topics of SUPPLYTIME Masterclass Online

Session	Date	Topic
INTRODUCTION
Session 1	Monday 16 January 2023	Introduction to SUPPLYTIME 2017 - Part I The revision process, discussions, and necessary compromises made by the sub-committee Is SUPPLYTIME 2017 better balanced than the previous versions? Why revising SUPPLYTIME?
Session 2		Introduction to SUPPLYTIME 2017 - Part II
WALKTHROUGH OF KEY CLAUSES IN SUPPLYTIME 2017
Session 3	Tuesday 17 January 2023	Delivery The charter period Late delivery Vessel condition on delivery Inspections Charterers rights.
Session 4		Suspension of Hire Suspension and payments Circumstances How to suspend hire Disputed invoices.
Session 5	Wednesday 18 January 2023	Termination How to terminate for cause Termination for convenience.
Session 6		Case Study Breakout Using the Zoom Breakout function, you will work in small groups to solve a very realistic commercial scenario.
Session 7	Thursday 19 January 2023	Employment & operations Employment Structural alterations Bunkers/Fuel Unsafe ports War risks Fever and epidemics Force majeure Maintenance: Owner’s obligations and allowances.
Session 8		Knock for Knock and other Exclusions Theory Practice Consequential loss exclusion Limitation.
Session 9	Friday 20 January 2023	Using SUPPLYTIME for Other Types of Business than OVS/AHTS Making SUPPLYTIME fit for other purposes - risks and pitfalls The BIMCO Special Task Annexes (BSTA) BSTA Helideck/Helicopter Operations BSTA Walk to Work Operations BSTA Extended Offshore Support BSTA Crew Qualifications BSTA Dynamic Positioning BSTA Remotely operated vehicles and diving platform operations.
Session 10		Case Study Breakout Using the Zoom Breakout function, you will work in small groups to solve a very realistic commercial scenario.

Starting time (for all sessions):

09:00 UTC
10:00 CET

See the time in your local time zone.

Why choose to participate?

You will be taught by hand-picked industry experts who have built a career out of solving complicated commercial disputes in the energy offshore sector.

The combination of theory, discussion and casework will make using SUPPLYTIME forms clearer and more manageable. The trainers will share valuable experiences and point participants towards practical solutions, which can be used on the job. The course will also facilitate networking between international shipping peers and enable long-term learning relationships between the participants.

How will this course help your professional development?

SUPPLYTIME is the benchmark for offshore support vessel agreements – and the industry’s contract of choice. It has also been widely adopted by other sectors looking for a contract offering a comprehensive knock-for-knock framework. This course will assist you in identifying how the form works when being used for a wide variety of tasks, thereby helping you to understand and explain your own risks and exposure. You will be able to discuss issues, such as unused maintenance days at the conclusion of the charter, lay-up provisions and the revised knock-for knock provisions with your superiors, P&I club or legal counsel.

Course certification

Participants will be given an option of taking a final assessment (one-hour open-book test) at the end of the course, and Certificate of Achievement will be issued with a grade (distinction, merit or pass). Those not taking the assessment will receive a Certificate of Attendance.

Course materials

BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes. All documentation and presentations will be in English. Course access details will be provided once the registration is completed. 

You will also receive access to BIMCO's eLearning module on "SUPPLYTIME 2017: Key Changes and Features".

Speakers

Organiser