Institute Chartered Shipbrokers

Institute of Chartered
Shipbrokers
Alan Phillips
Director ICS
Institute of Chartered
Shipbrokers
• Professional body - formed in 1911
• Royal Charter (1920 and 1984)
• International reputation - professional
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•
•
•
standards
Members from all sectors - worldwide network
Examining authority
Education/training provider
Not-for-profit organisation
ICS – Is therefore
Commercial shipping’s
international professional body
What is ICS’ unique position
in shipping’s ?
ICS - Professional body
• Development of professional
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•
•
standards
Set syllabus and examine syllabus
Provide professional education
Members work to an ethical code
Route to membership
 Membership
 Examination
 Dissertation
 Fellowship
 Chartered Shipbroker
Syllabus (1)

Group 1
 Introduction to Shipping
 Legal Principles in Shipping Business
 Economics of Sea Transport & International Trade
 Shipping Business
Syllabus (2)

Group 2
 Dry Cargo Chartering
 Ship Operations & Management
 Tanker Chartering
 Ship Sale & Purchase
 Liner Trades
 Port Agency
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)
Qualifications
• Foundation Diploma
• Membership:
Professional Qualifying Examinations
Foundation Diploma

Introduction to Shipping
 Dry Cargo Chartering
 Ship Operations & Management
 Tanker Chartering
 Ship Sale & Purchase
 Liner Trades
 Port Agency
 Logistics & Multi-Modal Transport
Foundation Diploma route

Enrol – Distance Learning programme
 Allocated tutor
 Submit 10 assignments by email for comments
 Submit “mock” examination for marking
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
College courses
Examination
 Centres worldwide 64
 Annually
Professional Qualifying
Examinations
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Examinations sat annually
Examination centres worldwide
Exemptions
 Accredited courses
 Individual case by case basis
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Route to Membership
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

Training courses
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Understanding Shipping
Business of Shipping
Liner Trades
Port Agency
Dangerous Goods Awareness
Health & Safety in the dock environment
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
Benefits to Employer
Commercial and competitive edge
 Commitment to staff development
 Education/Training culture
 Professionalism endorsement
 Recruitment and retention

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

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
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
Institute of Chartered
Shipbrokers