Understanding Speed & Consumption Claims and Loss Mitigation
Training | Starts 07 February, 2026
Course Objective

This section starts with slow and super-slow speed operations, examining their technical, commercial, and legal implications, including speed and consumption warranties. It covers breaches of conditions and warranties, presents a case study on speed-consumption calculations, and reviews leading cases and arbitration awards concerning underperformance claims. The discussion takes into consideration positions of owners as well as the charterers.

Duration
4 Hours (Timing:- India 02:00pm – 05:30pm)
Venue
IRS Head Office
Fees
₹ 7500 + 18 % GST

About the course

This section starts with slow and super-slow speed operations, examining their technical, commercial, and legal implications, including speed and consumption warranties. It covers breaches of conditions and warranties, presents a case study on speed-consumption calculations, and reviews leading cases and arbitration awards concerning underperformance claims. The discussion takes into consideration positions of owners as well as the charterers.

Participants

Shipping companies