Training courses

The Baltic Exchange runs a series of shipping courses and workshops. The Freight Derivatives & Shipping Risk Management and Advanced Freight Modelling & Trading courses are held around the world and delivered by Professor Nikos Nomikos and Dr Amir Alizadeh from the Centre for Shipping, Trade & Finance at Cass Business School.

Participants attend a mixture of lectures and workshops and will achieve a high level of practical knowledge within a short period of time.

The courses are open to all and will benefit:

For further details please contact either course organisers Bill Lines of Navigate PR. 

Course programme 2013 

Date Course title Description Cost
10-11 June
(London)

1-2 July
(Singapore)

14-15 October
(London)
Freight Derivatives & Shipping Risk Management
  • Introduction to shipping risk
  • Freight rate risk management
  • Freight rate options
  • Clearing & settlement of shipping derivatives contracts
  • Bunker risk management
  • Financial risk management
  • Ship price risk management
  • Value at risk in shipping
  • Credit risk in shipping 
£1399 + VAT (UK only)

12-13 June
(London)

3-4 July
(Singapore)

16-17 October
(London)

Advanced Freight Modelling & Trading 
  • Spot freight rate dynamics
  • Relationship between spot and time-charter markets
  • Constructing and using freight forward curves
  • Modelling freight rate volatility
  • Back-testing and stress-testing risk models
  • Writing and hedging options on freight
  • Pricing options in freight markets
  • Different types of real options abandon, expand contract; spot vs time charter; option to lay up)
     
£1399 + VAT (UK only)

Baltic freight market commentary available

The Baltic's freight market team produces a daily round-up of dry market news including capesize, panamax, supramax and handysize vessels.  This service is available to subscribers.

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The new look Baltic magazine is now out

Highlights of the latest issue include:

  • Social media in shipping
  • Widening role of class societies
  • Interview with EA Gibson’s Nigel Richardson
  • Lethal lessons : the human cost of counterfeiting
Read on