Introduction And Opportunities In Sale And Purchase Of Ships
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Would you like to know about:
- The commercial context: the economic background to sale and purchase
- The parties involved in sale and purchase and their roles
- Forms of sale and purchase contracts
- Price assessment, valuations and inspections
- Choice of flag state by the buyer
- The role of the shipbroker
- The formation of a sale and purchase contract
- The description of the ship and what is included in the sale
- Finance: the price, deposit and payment
- Inspection of the ship, docking and underwater inspection
- The delivery process in detail;
- Dispute resolution
- Perspective of a ship owner
- Opportunities for mariners in this field
If the answer to above questions in YES and want to know more about this, please attend the webinar presented by Capt. Abhay Kumar
About Capt. Abhay Kumar: master mariner with 12 years experience in the field of Post fixture operations, Strategic planning, Ship Sale & Purchase & Ship performance Management. He has done about 22 sale and 14 purchase transactions until he moved to the Vessel Performance Department. Here he looked after the technical and financial performance of the vessel justifying the cost of running to the performance of the vessel. Thereafter he spent few years doing tanker operations handling the commercial aspect of the business.
In his current role in the Asset Management Cell he is reporting to the MD taking care of the day to day commercial and technical issues of the vessels applying his commercial, operational and finance skills to sensitive projects/vessels.
He joined merchant navy in 1995 with Shipping corporation of India. He has sailed for 12 years on Gas Chemical and Oil Tankers. Later, he completed M.Sc in Shipping, Trade & Finance in the year 2007-2008 from Cass Business School, U.K.
Capt. Abhay has been speaker at:
1. CII Centre for Logistics
2. INMEX summit
He is currently teaching Extra masters class at Synergistic solutions and Company of Master mariners and has taught Shipping economics at NMIS
He also a member of Indian Council of Arbitrators.
Candidates are encouraged to write their queries to support@staging.seaandbeyond.com This will help the presenter to get a feel of the mindset of the attendees and prepare the presentation as per the requirement.
Warm Regards
Sea & Beyond Team
About the Speakers
Capt. Abhay Kumar
Senior Manager - Great Eastern Shipping Co. Ltd,Capt. Abhay Kumar: Capt. Abhay Kumar is a master mariner with 15 years of shore experience including in the field of Post fixture operations, Strategic planning, Ship Sale & Purchase & Ship performance Management. He joined merchant navy in 1995 with shipping corporation of India. He has sailed for 12 years. Later, he completed M.Sc. Shipping, Trade & Finance in the year 2007-2008 from Cass Business School, London(now called Bayes) Capt. Abhay joined Great Eastern after the course and is currently working for Precious shipping. Among his work profile, he looks after Chartering, Strategic Planning, Ship sale and Purchase& Ship Performance Management
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