Institute of Chartered Shipbrokers

1. Institute of Chartered Shipbrokers Alan Phillips Director ICS

2. Institute of Chartered Shipbrokers • Professional body - formed in 1911 • Royal Charter (1920 and 1984) • International reputation - professional standards • Members from all sectors - worldwide network • Examining authority • Education/training provider • Not-for-profit organisation

3. ICS – Is therefore Commercial shipping’s international professional body

4. What is ICS’ unique position in shipping’s ?

5. ICS - Professional body • Development of professional standards • Set syllabus and examine syllabus • Provide professional education • Members work to an ethical code

6. Route to membership • Membership • Examination • Dissertation • Fellowship • Chartered Shipbroker

7. Syllabus (1) • Group 1 • Introduction to Shipping • Legal Principles in Shipping Business • Economics of Sea Transport & International Trade • Shipping Business

8. Syllabus (2) • Group 2 • Dry Cargo Chartering • Ship Operations & Management • Tanker Chartering • Ship Sale & Purchase • Liner Trades • Port Agency

9. Syllabus (3) • Group 3 • Shipping Law • Financial & Management Accounting • Financial Risk Management (from 2007) • Logistics & Multi-Modal Transport • Marine Insurance • Port and Terminal Management (from 2007)

10. Qualifications • Foundation Diploma • Membership: Professional Qualifying Examinations

11. Foundation Diploma • Introduction to Shipping • Dry Cargo Chartering • Ship Operations & Management • Tanker Chartering • Ship Sale & Purchase • Liner Trades • Port Agency • Logistics & Multi-Modal Transport

12. Foundation Diploma route • Enrol – Distance Learning programme • Allocated tutor • Submit 10 assignments by email for comments • Submit “mock” examination for marking • College courses • Examination • Centres worldwide 64 • Annually

13. Professional Qualifying Examinations • Examinations sat annually • Examination centres worldwide • Exemptions • Accredited courses • Individual case by case basis • Route to Membership

14. TutorShip distance learning • Enrol with ICS or a DLC (15) • All subjects covered • Allocated tutor • Submit 10 assignments by email • Complete mock examination • Advantages of distance learning

15. Training courses • Understanding Shipping • Business of Shipping • Liner Trades • Port Agency • Dangerous Goods Awareness • Health & Safety in the dock environment

16. Benefits to the Individual • Confirmation of professional standing • Internationally recognised shipping business qualification • Badge of excellence - Chartered status • Shared common values and high standards • Skills to meet changing workplace • Networking framework worldwide • Proven understanding of one’s profession • Improved career opportunities

17. Benefits to Employer Commercial and competitive edge Commitment to staff development Education/Training culture Professionalism endorsement Recruitment and retention

18. Benefits to the Shipping Industry • Populated by better educated staff • Less contractual risk within the system • Safer shipping environment • Common worldwide standard of professional competence and conduct • Demonstration of self regulation • Improved public perception

19. ICS role • Professional body • Examining body • Accredit other Education providers • Award exemptions • Award internationally recognised professional qualification • Confer membership and Chartered status • Education and Training provider

20. Conclusion • Sadly accidents will always happen • All sectors - managers, owners, brokers, agents etc have a responsibility for minimising this risk • Education and training part of the answer • Raising professional standards right thing to do • Commercial shipping has its professional body - the Institute of Chartered Shipbrokers

21. Institute of Chartered Shipbrokers