Further to the promulgation of our Circular Ref: A(20)158, we wish to advise members that this is the “last call” for enrolling in the subject programme.

This is a practical programme focusing more on real life applications and less on statistics. The participants will develop hedging skills through examples, dealing with forward opening ships, cargoes, derivatives, evaluating and managing the CoAs (hire & bunkers).

Last Call (MATF Supported Programme)

Shipping Risk Management & Derivatives

(An Applied Approach)

23-24 September 2020 (3pm – 6.30pm, HKT on each of the days)

Who should attend? Those who are affected by Shipping Risk in the Maritime and Trading Industry, and seek its mitigation. A “must attend” programme for those working in shipowning/operating/chartering, trading and broking companies, as well as for other stakeholders such as shipping finance professionals.

Previous Programs

Singapore: 22^nd Feb’19; 16^th Sept’19

Hong Kong: 28-29 Jan’19

Dubai: 7^th Oct’18

Course Outline (with many worked practical examples)

v Introduction to shipping risk (revenue, expenses, asset values, interest rates, finance, credit)

v Understanding:

• Shipping project analysis


• Relevant statistics (building blocks)


• Portfolio management basics


• Importance of maximizing optionality


• Basis risk & its mitigation


• Value at risk in shipping


• Hedging fundamentals

v Derivatives

• Freight risk management


• Forward freight agreements with worked examples


• Bunker risk & its management


• Options basics

v Real options in shipping  

Course Fee & Registration:

Online Registration Link

Course Fee: Please email info@skillsplus.sg

Trainer

Jagmeet Makkar MSc FICS FRINA FIMarE(I) FHKIArb MCIArb, AFIDRRMI, MHKMAG

A brief CV is provided in the program flyer