Live Webinar

60-minute live streaming program
  • December 9
  • 1:00 - 2:00 pm EST

Ocean Freight Negotiations

December 9

Learn key developments to target and understand during the upcoming freight bid season.

Amid unpredictable conditions impacting the global supply chain and transportation rates, which are unprecedented in modern times, trans-oceanic shippers and carriers, along with their associated importers, exporters, freight forwarders, and other agents, look for some market stability that might provide further insight into what the worldwide transportation community should expect in the coming year. While market predictions will not be discussed, the topics addressed will shed light on what challenges shippers may struggle with as they attempt to forecast market changes and meet the demands of their buyers and contract counterparties. Will carriers maintain their leverage in negotiating rates and trade allowances? Will government actors intervene to curve the rising-rate trends? How will those on the front lines of the import-export battles use new technologies and other resources to maintain operational volumes while trying to cut costs and boost trade efficiency? Stephen Hanemann, international trade and marine finance partner at Kean Miller LLP and Chairman of the World Trade Center of New Orleans, will answer some of these questions and many more with a business-based trade discussion, which will provide educational and operation data for purchasing and procurements team members, cargo buyers, shippers, contract administrators, material and project managers, and finance and accounting professionals. Stephen’s 20+ year career involvement with international trade deals, negotiations, regulations, and financing will serve to provide a relevant and business-forward overview of a myriad of trade-related concepts.

Learning Objectives

  • You will be able to review the ocean freight market.
  • You will be able to discuss items to anticipate in the 2021-2022 ocean freight bid season.
  • You will be able to identify key developments to target and understand during the upcoming freight bid season.
  • You will be able to recognize remote workforce impacts.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

A General Overview of the Ocean Freight Market, in Updated Format
Presentation of Items to Anticipate in the 2021-2022 Ocean Freight Bid Season
Key Developments to Target and Understand During the Upcoming Freight Bid Season
  • Increased Rates
  • Increased Constraints on Free Time and Contractual Allowances
  • Increased Regulation
  • Carrier Capacity Management
  • Remote Workforce Impacts
Rate and Market Review (Monitoring Tips)
Optimization of Tendering and Bidding
Case Study Regarding Freight Rate Negotiation
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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

  • AIPB 1.0
     
  • This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • CPIM/CFPIM/CSCP 1.0
     
  • This program may qualify for 1.0 certification maintenance points toward the CSCP, CPIM and CLTD designations through The Association for Operations Management.
     
  • ISM 1.0
     
  • Participants who successfully complete this program will receive 1.0 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     
  • CPE 1.2 including Production 1.2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Production for 1.2 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     

Who should attend?

This live webinar is designed for purchasing and procurement professionals, buyers, material managers, contract administrators, project managers, controllers, accountants, and bookkeepers.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Stephen Hanemann

Stephen Hanemann

Kean Miller LLP

  • Partner in Kean Miller LLP’s New Orleans office
  • Practice focuses on international trade, marine-asset finance, and transportation-related subject matters, including admiralty and maritime operations intermodal carriage and shipment; project and acquisition finance; import, export, and customs-regulation compliance; as well as municipal law, land use, and construction
  • Extensive experience in handling contract negotiations, litigation, and dispute resolution related to Jones Act compliance, injury defense, oil and gas exploration, pipeline spills and regulations, drilling accidents, well blowouts, cargo loss and damage, ship and barge collisions and allisions, vessel groundings, lift boat and jack-up rig accidents, dock damage, vessel liens, vessel seizures, cargo seizures, ocean cargo, land-shipped cargo (truck and rail), sunken barges, salvage, vessel and marine asset purchase, product sales, product liability, redhibition, commercial lease agreements, inland and offshore vessel-charter parties, contracts of carriage and affreightment, time charters, bareboat charters, heavy-lift and project cargo charter parties, terminal-servicing agreements, and other transportation agreements for bulk and break-bulk cargo handlers, shippers, carriers, trans-loaders, LPG, and LNG terminals and facilities
  • Selected by New Orleans CityBusiness as a 2012 Leadership in Law Award recipient; he has been rated by Louisiana Super Lawyers since 2012 and appears in multiple listings
  • Currently serves as President and Chairman of the Board of Directors of the World Trade Center of New Orleans
  • He holds an International Trade Certificate AND is a certified dispute resolution professional
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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 405538
Published 2021
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