ICS Exam Tutorials: Shipping Business
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ICS Exam Tutorials: Shipping Business Exam with Expert-Led Tutorials!
Are you preparing for the ICS Shipping Business exam? Then, here’s a way how you can navigate through the preparations and successfully complete the compulsory exam – Shipping Business.
This course is designed to give you the edge you need to succeed.
Our live Zoom classes, led by Capt. Ashok Gogia, FICS, will provide in-depth coverage of key topics, ensuring you understand complex concepts with real-world applications. Plus, you'll have access to recorded sessions on the Marine-Ed platform, allowing you to learn at your own pace.
With a structured schedule, this tutorial will help you grasp essential principles, improve exam performance, and advance your shipping career.
What You’ll Gain
✅ Live interactive sessions with industry experts
✅ Access to class recordings for revision anytime
✅ A structured approach covering all essential topics
✅ Practical insights to enhance your shipping knowledge
Course Curriculum:
DAY 1&2: (1 Hr. each) - 12th and 13th April 2025
- The Business Entity
- Company Structures
- Company organization and management
- Statutory Accounts, Balance Sheet
- Company Shares, Quality management
- Communications in the shipping business
- Data storage and retrieval
2. The ship
- Dimensions, Capacity
- Tonnage, Ship types
- Liquid bulk ships (tankers)
- Dry bulk ships
- General cargo ships
DAY 3&4: (1 Hr. each) - 19th and 20th April 2025
3. The geography of trade
- Crude oil, Capacity, Iron Ore, Grain, Fertilizer
- Other dry Bulk Cargoes. Unitised Cargo
- Ports, Port Restrictions
- Waterways, Restriction On Shipping
- Natural Phenomena, Weather Routing
- Navigational Season Zones
4. Chartering: Markets and Practice
- The Merchant, the Broker
- The Chartering Market, Charter parties
- The Voyage Charter party, The Time Charter party
- The Demise Charter party, Tanker Charter parties
- Bills Of LadingLaytime Calculations.
DAY 5&6: (1 Hr. each) - 26th and 27th April 2025
5. Purchase, sale and ship management
- New buildings, Second hand Ships
- Demolition, Process of Selling a ship
- Dry-docking a Ship Prior to sale, financing the Purchase
- Valuations, Ship Managers
- Full Management, The Ship management Contract
6. Port Agency and Liner agency
- Port Agents, Charterer's Agent
- The Agent Duties, Liner Agency
- Agency Contract
DAY 7&8: (1 Hr. each) - 03rd and 04th May 2025
7. International trade and finance: terms of sale
- The basic contract, Goods, Property, Risk
- International contracts of sale and Incoterms 2010
- Incoterms relating to sea and inland waterways
- Non-maritime INCOTERMS
- Use of terms in international trade
- Remedies for breach Of Contract, Law and Jurisdiction
8. Finance and insurance in international trade
- Methods Of Payment, Documents associated with the letter of credit
- Confirming Houses, Risks in international Trading
- Foreign exchange, Futures Trading, Insurance, The principle of average
- Trade terms in export Sales, Warranties, Types of cargo Policy
- Effecting Insurance, Marine cargo insurance policies, Claims procedure
DAY 9&10: (1 Hr. each) - 10th and 11th May 2025
9. Business ethics
- Ethics in shipping, Insurance, Documentary fraud
- Other areas of fraud, Other criminal activities
- Detecting and avoiding fraud
- Baltic Exchange guidance on required standards of members
10. Anti-bribery compliance — challenges in shipping
- International anti-bribery conventions
- Key national anti-bribery legislation
- Extraterritorial jurisdiction of leading anti-bribery legislation
- Anti-bribery enforcement trends, Exceptions to anti-bribery
- Best practice for the shipping industry, Practical compliance
International Shipping Organizations,
- Shipowners and Organizations
- Brokers' and agents' organizations, United Nations bodies
- International Ship classification, International seafarer support organizations
- Maritime Insurance. Other shipping-related international bodies
Don't leave your exam success to chance. Join now and set sail towards your ICS certification!
Regards,
Sea and Beyond
About the Speakers
Capt. Gaurav Rana
Founder, Sea and Beyond,Capt. Gaurav is the founder of Sea and Beyond and has
- Promoter for Sea and Beyond which is a recognized partner of ICS.
- Passed MICS with distinction in 2011
- Sailed for 13 years
- Worked as Technical Director in British Maritime Technology for 4 years
- Worked in IBM for 4 years where he program managed large data analytics projects
- Passionate about Learning and development and growth of maritime community
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