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Dccmay 2022

The document provides 7 questions for an examination on dry cargo chartering. Question 1 asks to draw diagrams of a bulk carrier and provide details on a typical trade route. Question 2 asks to write a market report on revenue opportunities in dry bulk sectors. Question 3 covers off-hire provisions in time charters. Question 4 defines common chartering abbreviations. Question 5 addresses discrepancies between cargo documents and advises on next steps. Question 6 provides a cargo quote to draft a voyage offer. Question 7 describes the grain trade and related topics. Question 8 defines terms related to laytime calculations.

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Manmeet Singh Sandhu
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92 views2 pages

Dccmay 2022

The document provides 7 questions for an examination on dry cargo chartering. Question 1 asks to draw diagrams of a bulk carrier and provide details on a typical trade route. Question 2 asks to write a market report on revenue opportunities in dry bulk sectors. Question 3 covers off-hire provisions in time charters. Question 4 defines common chartering abbreviations. Question 5 addresses discrepancies between cargo documents and advises on next steps. Question 6 provides a cargo quote to draft a voyage offer. Question 7 describes the grain trade and related topics. Question 8 defines terms related to laytime calculations.

Uploaded by

Manmeet Singh Sandhu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd

MAY 2022 EXAMINATION SESSION

TUESDAY 17th MAY 2022 – AFTERNOON

DRY CARGO CHARTERING


Time allowed – three hours
Answer any FIVE questions – all questions carry equal marks
Please read the questions carefully before answering

1. Answer ALL parts of the question.

Using the graph paper provided, draw a fully labelled profile and cross-sectional diagrams of
ONE of the following:
a) Handysize bulkcarrier OR Capesize bulkcarrier.
b) State the main particulars of the vessel you have drawn
c) Describe ONE typical trade route for your vessel with details of the
loading/discharge ports, hazards of cargo carried and weather conditions on the
route. Use the world map provided to support your answer.

2. As an owners’ broker, you have been approached by a client looking to diversify into the dry
bulk trades. Write a market report outlining the sectors and vessel types that will offer the
best revenue-earning opportunities. Explain in detail the reasons for your advice.

3. Answer BOTH parts of the question.


a) With regard to a time-chartered vessel, explain what is meant by the term “off-hire”.
Describe THREE reasons that may lead to an off-hire incident.
b) Draft a letter to an owner explaining how the vessel being “off-hire” would affect
the payment of hire, if at all.

PLEASE TURN OVER

1
4. For ALL of the following common chartering abbreviations give the full wording and an
explanation of their meaning referring where necessary to clauses in charter parties.

i. ATDNSHINC
ii. DHDATSBE
iii. FIOST
iv. IUHATUTC

5. Answer BOTH parts of the question.

Your principal’s vessel had just completed loading various steel products under a Voyage C/P
and the Mate’s Receipts contain several remarks on the cargo’s apparent condition. Despite
this fact the Charterers have approached the Owners, via you as agent, with the request to
issue the Bills of Lading ‘Clean on Board’ against Charterer’s LOI.

Write a message to your principal to advise them of the situation and:

a) Explain the purpose and functions of the Mate’s Receipt and the Bill of Lading
outlining the principal differences between these two documents.
b) Advise your principal as to how they should proceed, explaining in detail the reasons
for your advice and the possible outcomes for any actions to the contrary.

6. Draft a voyage firm offer on Owner’s behalf for below cargo quote:
25,000 MTS 10% MOLCHOPT BULK WHEAT STW ABT 46’
ROUEN/ALEXANDRIA
23-26 MAY 2022
8,000/5,000 MT PWWD SSHEX/FHEX
3.75% TTL

7. Describe the grain trade and its importance in dry bulk shipping. Identify the vessels used for
its transportation, exporting and importing countries and give THREE examples of main ports
associated with handling such cargoes, and describe TWO major trade routes. Analyse the
factors which could influence global trading pattern for this trade.

Use the world map provided to support your answer.

8. In the context of Laytime, explain ALL of the following terms:

i. Commencement of Laytime
ii. Interruptions of Laytime
iii. Statement of Facts
iv. Definite and indefinite Laytime

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