The ICS Tutorship on Shipping Business, conducted by Capt Devasish Basu, is a structured video-based learning programme designed specifically for students preparing for the Institute of Chartered Shipbrokers (ICS) examinations. This course is ideal for aspiring shipbrokers, seafarers transitioning ashore, and maritime professionals who want a clear, exam-focused understanding of Shipping Business. Delivered through 11 comprehensive recorded video chapters, the course ensures complete coverage of the official ICS syllabus while making complex concepts easy to grasp through practical explanations,
The video tutorials cover all the key areas outlined in the ICS Shipping Business syllabus. Starting with an introduction to Company/ Organization structures,types of company registrations, we move to share holding patterns and PNL statements.
The videos further delves into various types of ships, designs and constructions, further moving on to trading areas and various limitations/disruptions due to world geography, routes and other economic and political factors
Next chapters focus on Chartering market practices, Purchase and sale of vessels including Ship management practices in shipping Business.
The course also covers various types of agency duties borne by agents for owner’s, charterers, as well as Liner agents. We understand the roles and responsibilities of agents and various types of documents handled by them.
The last few chapters cover topics like International trade & finance, shipping contracts, INCO terms and then delves into finance in shipping markets including various payment methods, Letters of Credit (LC), foreign exchange, Marine insurance practices etc.
Finally, the course teaches about various types of frauds in Business ethics then moving to anti-Bribery legislation under International and National laws. Towards the end, we discuss various international bodies and forums related to shipping trade and business at a broader level.
Also included a few videos providing guidance about how to answer questions while taking the exam for the subject.
By the end of the course, students will be well-equipped to sit the ICS exam with confidence and pursue a successful career in Shipping Business.
Devasish Basu
Capt. Basu is a highly respected shipping professional with over four decades of rich experience across sailing and shore-based operations. Having served on a wide range of vessels — including general cargo ships, tankers, bulk carriers, passenger ships, and OBOs — he rose through the ranks to Master before transitioning ashore. His shore career includes leadership roles in chartering, broking, agency management, and port operations, with over 21 years dedicated to heading major divisions in reputed shipping companies. An ex-pilot with the Gujarat Maritime Board and a senior leader at organizations like Parekh Marine, Everett India, and Essar Shipping, Capt. Basu is deeply passionate about mentoring the next generation of maritime professionals. Currently serving as visiting faculty at Navi Mumbai MTI, he brings a wealth of practical knowledge, strategic insight, and a lifelong commitment to maritime excellence to his courses.
Rating:
Price:
₹ 14999
Language:
English
Length:
11:00:00
Intended for:
Reference:
Topics:
12 Sections . 18 lectures . 11h 5m total length
45 min
1.1 Shipping Business | Chapter 1
The Business Entity, Sole trader, Partnership firms, Limited Liability companies (LLPs), Private limited & public limited company, share holding patterns, shareholders, Capital and borrowing from institutions, Mortgage,
Incorporation of a company, process of registration, various types of company structures, Integration in Business, Company organisation and management, Balance sheet, statutory accounts, Profit & loss (PNL) account, Assets in a company
19 min
2.1 Shipping Business | Chapter 2 | Part 1
Type of ships, Bulk carriers, Features and trade routes, Specialized Dry bulk ships, regional classification of Bulk carriers, construction and design, cross section
28 min
2.2 Shipping Business | Chapter 2 | Part 2
General cargo Ships, Multi-purpose ships, PCCs, reefer vessels, Features including drawings and cargoes, container vessels- types/sizes/trades
32 min
2.3 Shipping Business | Chapter 2 | Part 3
Key dimensions, Capacity terminology, Crude Tankers-Types/sizes, Key trade routes, cargo details,
Product tankers, Chemical tankers, Gas carriers, LNG and LPG carriers, construction design of various types of tankers
49 min
3.1 Shipping Business | Chapter 3 | Part 1
Geography of trade, Sources of information about ports, Trading Restraints, Navigation, weather effects, Planning a shipping route, canals & waterways, Political disruptions, examples of disruptions, Port of Convenience (POC), ITF actions & Impacts
52 min
3.2 Shipping Business | Chapter 3 | Part 2
Port information, Port restrictions, Agent’s expertise on local ports, Cargo-Primary source areas, Cargo- Primary consumption areas, waterways, restrictions on trade routes, Various cargo routes, Grain, Oil & Gas, Economic factors affecting trade, Environmental issues and regulations
40 min
4.1 Shipping Business | Chapter 4 | Part 1
Chartering market & practices, Baltic Exchange, Freight rate indices, Baltic dry index (BDI),Key features of BDI, Freight derivatives and FFA’s , FFA trading & settlement, Freight market stakeholders, Charterers, Ship owners, Operators, Ship brokers, Trading practices, INCO terms
32 min
4.2 Shipping Business | Chapter 4 | Part 2
Freight market analysis and reporting, Methods of ship employment, Types of charter, Voyage charter, Consecutive voyage charter, Time charter, Bareboat (demise) charter, COA, Market reporting, Tanker charter party, ShellVoy6, Worldscale index, Bills of lading
50 min
5.1 Shipping Business | Chapter 5
Ship sale & Purchase, Ship recycling market (demolition), New buildings process, Second hand vessels, S&P brokers, Process of selling a ship, Norwegian saleform, Pre delivery inspection, Drydock prior to sale, Post sale process, Demolition sale process, valuation of vessel, Ship management
39 min
6.1 Shipping Business | Chapter 6 | Part 1
Agent’s role & responsibility, shipping port agent responsibilities, Statement of Fact, agent provided services, Categories of agents, Port/Cargo/Charterer agent
36 min
6.2 Shipping Business | Chapter 6 | Part 2
Liner agents, Owner’s & Character’s agents, Duties of agents, Agents duties at Indian ports, Stakeholders involved, Documents handled by agents, Error & omission protection
38 min
7.1 Shipping Business | Chapter 7
International trade and finance, basic contract elements, Goods and Property, Risk passing in a contract, INCO (International commercial) terms, Remedies for breach of contract, remedies of seller and buyer, Lien, Law & jurisdiction in a dispute
34 min
8.1 Shipping Business | Chapter 8
Finance and insurance in international trade, Overview of payments methods, cash with order & open accounts, Bills of Exchange- Key parties & benefits, Letters of Credit(LC) explained, Invoices & Insurance certificates, Bill of Lading, waybills, regulatory mechanisms, Tariffs & duties, Licensing & Quota, Foreign exchange, currency transactions, Currency hedging, Freight hedging (Futures), Marine Insurance coverage and policies, Claims procedure, Principle of average, Future trends
45 min
9.1 Shipping Business | Chapter 9
Business ethics, Ethics in Shipping Business, Insurance Fraud, Documentary Fraud, Case study, Fraud consequences, Other areas of Fraud, Misinterpretation on B/L, Misdeclaration of quantity/Quality or freight, Payment fraud, Mitigation, Other criminal activities, contrabands, smuggling, Preventive measures, detecting & avoiding Fraud, role of enforcement, Baltic exchange guidance, Broker/Principal conduct, Conclusions
50 min
10.1 Shipping Business | Chapter 10
Anti-bribery compliance — challenges in shipping, Anti-Bribery legislation, OECD anti-bribery convention, Prevention of Corruption act, India (1988), Exceptions, Facilitation payments, commercial coercion, Anti-Bribery policies, Risk Assessments, related challenges in shipping, Due diligence, Compliance with Anti-Bribery laws, reporting of breaches, Best practices to fight corruption
25 min
11.1 Shipping Business | Chapter 11 | Part 1
International Shipping Organizations, Ship Owner’s Org, International Chamber of Shipping(ICS), BIMCO,INTERTANKO, INTERCARGO, OCIMF
Broker’s & agent’s Org, ICS, The Baltic Exchange, FONASBA, FIATA (International Federation of Freight Forwarder's Associations), IMO, UNCTAD, ILO
24 min
11.2 Shipping Business | Chapter 11 | Part 2
Organizations, IACS (classification Societies), Llyod’s Register, Seafarers support, ITF, ISWAN, Mission to seafarers, Insurance Orgs, IUA (underwriters), Llyod’s, LMA, IGP&I, Other bodies, ICC, IMB, Interconnection of these Orgs, Challenges & future trends
27 min
Successful completion of this course will earn you a certificate of completion from Sea and Beyond. This certificate will be emailed to you and you could also share and show it on LinkedIn Please click on the button below to purchase the certificate.
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