Regulatory basis
- Marine Insurance Act principles
- International Group of P&I Clubs rules
- Standard charter party forms (NYPE, GENCON, BARECON)
Commercial & Operations
Marine Insurance, P&I Clubs & Charter Parties
An introduction to hull & machinery insurance, P&I cover, and the principal forms of charter parties — voyage, time, and bareboat — and how they interact with vessel operations and claims.
Target audience
- Operations and chartering staff, claims handlers, junior officers preparing for shore roles
Prerequisites
- None
Learning objectives
What you'll be able to do
Distinguish H&M from P&I cover
Read and apply common charter party clauses
Identify typical claims and notice requirements
Course content
Modules & topics
Indicative module breakdown — actual delivery is adapted to the audience and operational context.
01
Marine insurance
- Insurable interest
- Indemnity
- Subrogation
02
P&I clubs
- Mutuality
- Cover & exclusions
- Letters of undertaking
03
Charter parties
- Voyage (GENCON)
- Time (NYPE)
- Bareboat (BARECON)
Assessment
Written test and clause-reading exercise.
Certification
Course completion certificate.
References & further reading
Authoritative sources
This course aligns with international maritime conventions and IMO Model Courses. Use these references for detailed regulatory text.
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View course detailsInterested in this course?
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Alternatively, send us a direct email at captmohab@googlemail.com