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Course Level
Delivery Method
Live Instructor-Led Virtual Course
Professional Development Credit Hours
There is no pre-requisite for this course.


Captain Bhatia is a well-known maritime transportation industry expert with over 30 years of operational and commercial experience including organizational turnaround, business strategy, operational risk management, claims, legal & regulatory. He has in-depth technical, commercial and operational management expertise gained by serving at sea for 15 years and later on ashore in commercial operations and management consulting field. He is the founding partner of The Wade Maritime Group, a leading maritime business consulting group based out of Singapore with group offices in India and the UK. He has over the past decade worked on numerous projects in operational risk management, business strategy, organizational design, human capital management, strategic investment advice, claims management and regulatory compliance for leading ship owners, charterers, Oil & Bulk majors, Ports and PE firms.

He is a specialist in commercial operations, maritime economics, transportation strategies, operational risk management, claims management and dispute resolution. Keynote speaker on various advanced training programmes and seminars in the maritime industry.

Charles Lawrie is a founding partner of Richardson Lawrie Associates, an independent firm of international maritime economists and business consultants established in 1987. He is responsible for the firm's consulting and retainer services in the crude oil, petroleum products and gas transportation sectors. He has spent 30 years in the oil and shipping sectors, more than 20 of which have been as project manager or senior consultant on shipping, economics, investment appraisals, feasibility studies, transportation strategies and business studies within Europe, the Americas and the Far East. He is a specialist in the development of: investment appraisals, business plans, strategy reviews; commercial/contractual advice, project implementation; evaluation of the transportation economics of varying routes, ports and cargo handling techniques; commodity trade flow analyses and forecasts; modelling and forecasts of short, medium and long term shipping traffic, shipping demand and shipping supply; and modelling and forecasts of shipping charter rates and vessel costs.


NASBA: Mennta Energy Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy 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 web site:

CPD Certification Services: The CPD Certification Service works with Mennta Energy Solutions to ensure valuable knowledge is structured to complement the universal guidelines of Continuing Professional Development. Mennta Energy Solutions courses are approved by CPD at one credit per training hour.

Master Class on Bills of Lading & Charter Party Clauses – TDBL

Course Schedule

Date Time Location Price* Registration Deadline**

*Prices do not include VAT, GST, or any other local taxes. All applicable taxes will be added to the invoice.
**Please register by the deadline to help us ensure sufficient attendance and avoid postponing the course.

Course Summary

A unique opportunity to expand your knowledge about the Bill of Lading, its major functions and relationship with the charter party including incorporation of charter party terms into the bill of lading. You will learn about the various representations in the bill of lading including the liabilities of the parties to the contract, both in contract and/or tort. The relationship between the bill of lading, charter party, sale contract and the letter of credit will be discussed with supporting authorities.

The importance of the international regulations like the Hague, Hague-Visby rules and their impact will be discussed along with the duties and rights of the carrier and any exclusions and limitations to his liability. This four-day masterclass will further provide you with an opportunity to explore key clauses related to the rights and obligations of the parties to the contract of carriage. The process and practical solutions to litigious issues like correction, cancellation and switching of bills will be explained. These concepts and principles will be supported and discussed using relevant case laws and practical case studies.


What Will You Learn?

  • Expand your knowledge of both the commercial and legal functions of a bill of lading.
  • Learn about the common ‘labels’ attached to bill of lading and its relationship with a sale contract.
  • Explore practical concerns regarding issue, enforcement of bill of lading and delivery of cargo to the rightful holder of the bill of lading
  • Analyse the importance and impact of Hague, Hague-Visby, COGSA 71 and 92.
  • Understand the functions and use of documentary credits and related rules (UCP 600).
  • Learn about shipowners and charterers rights and obligations under both voyage and time charter parties.
  • Explore the Dispute Resolution Mechanisms available to you in case of a claim.

Who Should Attend?

The supply, trading and risk management departments in oil, gas and petrochemical companies, the commercial and operations departments in the shipping affiliates or divisions of oil companies, the commercial and operations departments of ship owning companies, the planning and financial departments of shipping companies and oil company transportation divisions, banks and financial institutions involved in oil tanker, gas and chemical carrier finance, accountants and legal firms dealing with energy transportation issues, oil trading and distribution companies and management new to the transportation sector.

Course Content

Introduction to Bills of Lading

  • Commercial and legal functions of a B/L
    • Receipt
    • Document of Title
    • Transferable Contract of Carriage
  • Common “labels” for B/L and other similar docs
  • Electronic Bills of Lading
  • Relationship between a B/L, CP and Cargo Sale Contract 


  • Comparison between 2000, 2010 and 2020 INCOTERMS
  • Ocean Transportation Terms: FAS, FOB, CFR & CIF
  • Impact on Trading and Chartering

Hague and Hague-Visby Rules, COGSA 71 and 92

  • Overview and their application
  • Rights and Obligations of parties
  • Paramount Clauses
  • Comparison to Common Law


Bill of Lading as a Receipt

  • Bailment
  • Representations in the B/L
    • Evidence
    • Estoppel
    • Liability in Contract and Tort
  • Statements in the Bill of Lading as to;
    • Apparent order & condition
    • Quantity/weight & Quality
    • Marks


Bill of Lading as a Contract

  • Evidence of or a Contract of Carriage?
  • Parties to the contract
    • Identity of the carrier
    • Identity of the cargo interest
  • Identification of the charter party / contract of carriage
  • Incorporation of the charter party terms


Bill of Lading as a Document of Title

  • Meaning and transfer of title
  • Right of “stoppage in transit”
  • Delivery and misdelivery by the carrier
  • Case Study – Misdelivery of cargo
  • Letters of Indemnity ~ good and bad


Bills of Lading – Practical Concerns

  • Issue of a Bill of Lading
  • Place and Time/Date of Issue
  • Authority to Sign/Bind
  • Lawful holder of a B/L - COGSA 92
  • Transfer of rights against the carrier


Rights & Obligations – UCP 600 / ISBP

  • UCP 600 - Relevance to Bills of Lading
    • Who dictates terms in Letters of Credit?
    • Signatories
  • Correction, Cancellation or Substitution of a B/L
  • Fraudulent Bills of Lading


Rights & Obligations - Voyage & Time Charters

  • Providing a Seaworthy Vessel
    • Meaning of Seaworthiness
    • Common Law v HV Rules
  • Reasonable Despatch
  • Safe Carriage of Cargo
    • Concept of Cargoworthiness
    • Stowage on or below deck


Voyage & Time Charters Continued…….

  • Deviation
    • Justifiable Deviation
    • Unjustifiable Deviation – a fundamental breach of contract?
  • Safe Port and Berth
    • Concept and Definition of safe port/berth
    • Discussion using relevant case law – Eastern City” and “Ocean Victory”
  • Exclusion and Limitation of Liability


Voyage & Time Charters Continued…….

  • Comingling of Cargoes
  • Lien on Cargo, sub-hire, sub-freight, deadfreight and demurrage
  • Shippers’/Receivers’ liability for Demurrage – “Miramar” and “Spiros C”


Dispute Resolution Mechanisms

  • Early Neutral Evaluation/Intervention
  • Mediation, Arbitration and/or Litigation
  • Seat of Arbitration
  • Forum Shopping

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