INTERNATIONAL MARITIME BUSINESS ACADEMY
PGDM - International Trade & Maritime Law
The sea is vital to human existence – for commerce, navigation routes, and as a major source of natural resources. Legal expertise in the issues surrounding the law in these areas is always in demand. Our Advance PGDM International Trade & Maritime Law will give you an in-depth understanding of the law concerning contracts for the carriage of goods, marine insurance, international trade and law of the sea. Learning from experts with high level academic and practical experience, you will gain specialist knowledge and skills that are highly valued by employers, and open up a range of exciting career opportunities.
Affiliated To:
Sri Dev Suman University, Uttarakhand
(Affiliation No. 508)
Multi-Modular Programme
Action Learning
Real Time Brokering & Chartering
Placement & Internship
Course Curriculum
SEMESTER 1
(ITML 101) International Trade Law
Nature and problems of the private law of international trade; the trade context including Incoterms; the Sale of Goods Act 1979, the UN Convention on Contracts for the International Sale of Goods, FOB and CIF Contracts, rules of English law on international sales.
The nature and relevance of the Sale of Goods Act in its application to international sales; including concepts of transfer of property, risks, contractual terms and remedies for breach.
Since trade finance is an important component of international trade, this component will examine the nature of documentary flow as well as contractual relations within the context of international trade; including also the role of the International Chamber of Commerce.
The evolution of international trade and transport is increasingly being facilitated by the use of electronic documentation.
Legal rules concerning the liabilities and rights of carriers for international transport and the relationships with shippers, consignors and consignees with regard to their duties in contract.
(ITML 102) Bill of Lading
Functions of Bill of Lading, sets of BOL, how BOL acts as a receipt as well as contract of carriage.
Use and Implementation of the EBL, purpose of EBL, advantage of EBL, how EBL is used in international transport, signature procedure, software to be utilised.
Relationship between BL and the CP, relationship between, ship owner, charterer, consignee and the shipper, terms in CP and the BL.
Money transfer procedure, legality involved, transfer of the BOL, transfer of LC, relationship between the banks.
Multi modal transport BOL, Through BOL, Clean BOL, Foul BOL, received for Shipment BOL, Negotiable-Non Negotiable BOL etc.
(ITML 103) Charter Party Contracts
Charter party contracts, various types of charter party, differentiation between CP, Spot, trip, Voyage, Time and Bareboat charter explanation, Gencon, NYPE, Baltime.
Reading CP contracts, various components of the CP, preparation of the CP, liability of the owner and the charter, thorough understanding of the main and rider clauses, hybrid charter parties.
Bearing of risk and the loses, dispatch, demurrage and dead freight, Hire and freight payment.
Relationship between head owner, operator and the charterer, Approval for BL, LOI for switch BL.
The Convention on Limitation of Liability for Maritime Claims 1976, Limitation of Liability, SOLAS, MARPOL, STCW, MLC, various exemption clauses in charter parties.
(ITML 104) Marine Insurance Law
Basics of marine insurance, different types of marine insurance contract, content of the insurance contract, insurable interest, proposal and acceptance.
Principle and declaration as per utmost good faith, definition and explanation of insurable interest, doctrine of caveat emptor.
Explanation of principles of Indian Marine insurance, various components of the act, Express, Implied warranties.
Attachment of institute cargo clauses to marine insurance, coverage of the institute clause, Clause A,B and C, Hull insurance, Machinery insurance, Liability, Freight Insurance etc.
Basics of P&I club, role and responsibility of the club, how assistance is taken, Definition and explanation of general average, components of general average, how an act falls under the category of general average, salvage convention, act of salvage.
(ITML 105) Commercial Law and General Average
Admiralty jurisdiction, senior court act, exercise of Jurisdiction, arrest of the ship, Procedural Aspects of Arrest of a Ship, Ownership of ship, Qualification of ownership, Mortgages, Registration, Flag of convenience.
Management and Navigation, ISM code, IMDG SOLAS, Presumption of fault, defence, Division of Loss, Measures of Damage.
Maritime lien as per admiralty law, concept of maritime lien, how lien can be exercised, who has the authority to exercise lien, legality of the lien.
International convention on arrest of ships going to sea, definition, articles, foreign jurisdiction on the ship, role of port state, nationality of the ship and the state.
Basics of General Average, Average Contribution, principle of General Average, roles and responsibility of various parties under general average.
SEMESTER 2
(ITML 201) Payment and Finance for International Trade
Overview, sample, role of BOE, roles and responsibility of different parties, Purpose of BOE, Buyer and seller relationship w.r.t. BOE, difference between BOL and BOE.
URC as per ICC, purpose of URC, Documents against Acceptance and Payment, URC 522.
Function of LC, procedure involved in LC issuance, Different forms of LC, UCP 500, UCP 600.
Concept of countertrade, exchange system, example of counter trade, Counter trade in Maritime Business, Switch trade, counter trading, compensation trade.
Various types of guarantee, financial guarantee, performance guarantee, retention money guarantee etc.
(ITML 202) Merchant Shipping Act 1958
History of Indian Merchant Ships, MSA coming into existence, Various Articles in MSA, Various definitions and explanations, Who can register, Procedure for registry of the ship, Documents required for registry.
Issuances of COC, competency of the seafarers, Age for employment, Trimmers and strokers convention, Special provision with agreement of crew on Indian Ship.
Survey requirement, fees for survey, role of the surveyor, process and purpose of survey, issuances of certificate of survey.
Safety and loadline convention, construction of the ship, collision regulations, prevention of collision, unseaworthy and unsafe ship.
Division of loss in case of collision, damages for personal injury, right of contribution, duty of master to assist in collision.
(ITML 203) Basics of Computer Application
What is a computer, Block Diagram, Components of a computer system, generation of computers, programming languages, generation of languages, storage devices, floppy disks, CD ROM’s
Introduction, Functions, Types, Components, Case Studies – DOS, Windows, Microsoft Office – Word, Xcel, Power- point, Outlook: DOS and Window Concepts; InternetUsage.
Data, Data types, Advantages, Introduction to FOXPRO, Creating a database,Searching, Sorting, Indexing, Writing simple programmes, overview of MS Access.
What is Word Processing, Features of MS WORD, Editing Commands and Mail merge.What is spreadsheet, Features, Formulae and functions? If Statement, preparing sample worksheets, Different graphs, Features of POWERPOINT. Preparing a presentation, preparing an Organization chart.
What is Internet, Network, Network of Networks, WWW, Search Engines, email, websites. Introduction to e-commerce.
(ITML 204) Fundamental of communication
Introduction, Process, Components, Factors of Communication.
Introduction, Personal Appearance, Facial Expression, Movement, Posture, Gestures, Eye Contact, Vocal Communication Techniques.
Physical, Psychological, Semantic, Organisational, Interpersonal Barriers.
Parts of speech, Punctuation, Vocabulary building, Phonetics
Types of letters- Formal/informal, Drafting applications, Preparing the Resume.
Course Perks
360 Degree Learning
- Live training by industry experts from India & Abroad
- Industry-oriented practical curriculum
- Dissertation & internships
Action Learning
- Step by step guidance
- Pre designed layout options
- Multi-modular programs
Career services
- Hands on practice on real site projects
- Personality development programs
- 100% placement and internship
Industry connect
- Sessions by industry experts
- Closure of MNCs
- Site stats for a bird eye view
Certified Diploma Guaranteed
Post completion of the course, candidates will be awarded a post graduate diploma from Sri Dev Suman university along with a certificate from IMBA. This degree and certificate is a golden ticket to the job of one’s dreams at leading commercial shipping firms and beyond.
Top-Tier Jobs Guaranteed
Ship Broker
Ship Manager
Port Agent
Port Operations Manager
Chartering Broker
Freight Trader
Project Analyst
Cargo Operator
Head of Marine Transportation & Logistics
Voyage Operator
Maritime Consultant
Testimonials
What students say?
Our Faculty
Ms. Shagufta J Ahmed
DRY CARGO SHIPBROKER DBC OCEANIC
Mr. Amit Oza
DIRECTOR ASTRAMAR SHIPPING, DUBAI
Capt. Tarun Kumar
OPERATIONS HEAD, IMR (HEAD)
Book a call with our counsellor
FAQ
What Is Ship Brokering and Chartering?
Shipbroking is a financial service, which forms part of the global shipping industry. Ship-brokers are specialist intermediaries/ negotiators who facilitate the agreement between the owner of the ship and the owner of the goods for transportation by sea.
What is the average salary of an IMBA alumni?
After successful completion of the course, IMBA will assist you in getting employed with the best shipping houses in India as well as abroad. The salary package can range from anywhere between INR 3.6 lacs to INR 20 lacs inclusive of commission.
Do you give Scholarships for the course?
IMBA offers an international scholarship for the selected candidates to get trained with our hiring partners located in various countries such as Dubai, Singapore & London. Along with that, if the candidates are able to secure a brokering deal during their training period itself, they will get a full refund of the fees along with instant employment with our hiring partners.
What is the difference between the Merchant navy course and this course?
This certificate course in Maritime Logistics and Port Management is the commercial operation of the vessels which is completely different from the Merchant navy. While in the merchant navy you run the vessel from within, commercial shipping teaches you how to make money from it. This course will give you an in-depth knowledge of the shipping business and will assist you in knowing the source of money which governs the whole shipping industry.
What is the average salary of an IMBA alumni?
After successful completion of the course, IMBA will assist you in getting employed with the best shipping houses in India as well as abroad. The salary package can range from anywhere between INR 3.6 lacs to INR 20 lacs inclusive of commission.
Can I be employed in Dehradun itself?
We have an in-house Ship Brokering company as well as the branch office of our partners in Dehradun. Students matching the required standards and unable to move out of Dehradun will get an opportunity to be employed in Dehradun itself.
Why should I do a course in IMBA?
Excellent earning potential, International exposure sitting from Dehradun itself, opportunity to travel around the globe to meet clients. After gaining substantial experience, the opportunity to work with
- Howe Robinson Partners, Dubai
- Ikwezi Mining, South Africa
- IMR, Switzerland
- Emarat Maritime, Dubai
- Norvic Shipping, US
- Transbulk International Shipping, Dubai
- Seaspeeds, UAE & many more.
After this course, you will have the opportunity to explore your own entrepreneur skills and try to build your own firm. Be part of the industry which controls 90% of the world’s trade.
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