This one-day practical program first builds the foundation in required aspects of statistics and applied corporate finance in a focused and meaningful way. This is then followed by freight derivatives basics and a number of examples to explain risk management, basis risk, hedging by FFA trading and understanding of different types of options.

Course Content

 Ø Introduction to Shipping Risk:

Defining & Understanding Risk, its impact on project assumptions, Revenue, Expenses, Asset Values, Interest Rates and availability of finance for shipping (uncertain margins) and Credit Risk (Static & Dynamic). 

Ø Shipping Project Analysis:

Relevant statistics (building blocks), Hedging Basics, Portfolio Management (Return versus Risk)

Ø Diversification, Basis Risk and its mitigation, Value at Risk

Ø Derivative Instruments:
Types and Examples, Forward Freight Agreements, Bunker derivatives, Physical Versus derivatives hedging, Options Basics

Ø Worked Example of a 3 year CoA: Hedging strategy discussion

Ø Hedging losses and developing law (can these be part of the claim/damages?)

Ø Derivatives – a double edged sword (it is not a solution to all problems)

Date:     12^th May & 13^th May 2021 (two sessions of 3.5 hours each)

Time:     Hong Kong / Singapore / China: 3 pm – 6.30 pm

   India: 12.30 pm – 4 pm / Dubai: 11 am – 2.30 pm / Qatar, Cyprus & Istanbul: 10 am – 1.30 pm / Geneva: 9 am – 12.30 am / London, Lisbon 8am – 11.30am  

Track-Record

“Shipping Risk Management & Derivatives (An Applied Approach)” was delivered on following dates:

5th & 8th February 2021; 23/24 September 2020: Online; 16^th September 2019: Singapore; 22^nd February 2019: Singapore; 21/22 January 2019: Hong Kong; 7^th October 2018: Dubai

Programs were attended by Operators/Owners/Bankers/Commodity Houses etc. with excellent feedback.

Course Fee: 

Listed Fee: US$ 750 per person / Online delivery discount 25%

Net Payable Course Fee = US$ 563 per person

Online Registration: 

Click Here

MATF Applicable for eligible participants in Hong Kong