Members are invited to note the details of upcoming online course by SkillsPlus, to be held on 5 and 6 February (two sessions of 3.5 hours each). 

Shipping Risk Management & Derivatives (An Applied Approach)

MATF Applicable for eligible participants in Hong Kong

There is a strong need to understand risk emanating from uncertainties in shipping revenue and expense forecasts. A very high volatility in shipping, which is usually not seen in other industries, is required to be managed through physical as well as derivatives hedging. This basic one-day programme first builds the foundation in required aspects of statistics and 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 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 Basics (Return versus Risk)

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

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

Ø Hedging losses and developing law

Date:     5^th Feb & 6^th Feb 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: 7am – 10.30am 

Course Fee: 

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

Diversity & Youth (WISTA, YPSN, Maritime SheEO) discount 10%

Professional Membership (ICS, NI, CMMI, IoS, IMEI, RINA and others) discount: 10%

Net Payable Course Fee = US$ 506 per person (Only one 10% discount to apply)

Online Registration: 

Click Here