Damien Würsten – Shipping and Commodity Operation Course

Shipping and Commodity Operation Course Introduction

Damien Würsten – Shipping and Commodity Operation Course

The international shipping and freight industry is facing many challenges, such as market volatility, financial risks, and changing regulations. To overcome these challenges, you need to master the fundamentals of Incoterms, ship operations, transaction finance, and risk management to be successful. The Damien Würsten – Shipping and Commodity Operation will help you develop practical skills and knowledge, from theory to real-life trading situations.

Shipping and Commodity Operation by Damien Würsten is an in-depth course on international freight and transportation designed to provide a comprehensive understanding of the operational, trading, and financial processes in this industry. With detailed video lectures, downloadable materials, and tests.You will succeed in this field thanks to the knowledge and skills provided in the course.

Damien Würsten is a specialist with many years of experience in the field of international freight and transport. He is known as a lecturer and founder of industry-specific courses, especially in areas such as commodity trading, ship operations, transactional finance, and risk management. Based on his deep, hands-on operational experience and extensive understanding of the commodities trading space, Damien Würsten has supported numerous practitioners and experts in getting better at what they do.

What included in “Damien Würsten – Shipping and Commodity Operation Course”?

Course structure

• “Shipping and Commodity Operation Course” is constructed around five modules containing 4 to 8 lessons.
• Each lesson includes a 10- to 45-minute video with downloadable supporting materials.
• At the end of each class, you will be tested via a multiple choice questionnaire to ensure you understand the core principles.
• In addition, you will receive an additional bonus module with growing recordings of private calls with important commodity players.
• 01-Fundamental – Understand The Most Important & Most Misunderstood Concept About Commodity Trading
• Introduction to Commodities Trading
• The Secret Business Model of Commodity Trading Companies
• The Evolution of Commodities Trading
• 02-Backbones – Understand The Basics
• Quick question Operator
• INCOTERMS 101 and INCOTERMS 2010 to 2020
• Necessary documents in cargo transactions
• Documentation Quiz
• 03-Transport – Understand How To Move Commodities Around
• Dry Bulk Operations
• Dry Bulk Operations Quiz- Tanker Operations
• Tankers Quiz – Easy Charterparty
• Charterparty Quiz – Laytime and Demurrage
• Laytime and Demurrage Quiz – Laytime Bonus
• Practical Laytime Bonus
• Containers
• Containers Quiz
• What do you think so far?
• Get on the Alumni List
  04-Finance – Understand How Trade Finance Works
• Trade Finance
• Trade Finance Quiz – Payment terms
• Payment terms Quiz – Financial Instruments
• Financial Instruments I Quiz Financial Instruments II
• Financial Instruments II Quiz
• Letter of Credit
• Letter of Credit Quiz
  05-Risk – Understand The Different Types of Risks
• Risk in commodity trading
• Risk in Commodity Trading Quiz Contracts
• Contracts Quiz – Speculation Myth
• Speculation Myth Quiz – Trading with frontier markets
• Trading with Frontier Markets Quiz
  06-Trades break down – See The Numbers Behind Real Trades
• Sugar
• Biofuel Blending
• Non-Ferrous Concentrates
• Milk powder
• Ethanol Ship to Ship
• Non-Ferrous Metal
  07-Next Steps – Learning Never Stop!
• Conclusion
  08-Bonus – Private Calls Recording
• How to Start Your Commodity Trading Firm – Conversation with the President of NAMA ENTERPRISE – PC05
• How to Finance your Trade – Conversation with THE Trade Finance Specialist – PC06
• How To Start A Trading Company In School – Conversation with a Young Entrepreneur – PC07
• How She Started a Bunker Trading Company – Conversation With a Top CEO – PC08
• A Career in Commodity Trading – Conversation With a Document Trader – PC09
• 30 Years of Experience in The Rice Market – Emmanuel Demarquette – PC10
  

  Current Situation of the Trading and Freight Transport Industry

   

• Market and price volatility: Political tensions, natural disasters or major shifts in global onsumer demand are causing the prices of commodities like oil, metals, agricultural products & fuel to fluctuate drastically. That makes pricing, risk control, and forecasting demand a nightmare.
• Changing regulations and laws: INCOTERMS terms and import-export regulations change frequently, requiring businesses to update promptly to avoid legal risks and optimize transportation costs.
• Financial and payment risks: International commodity transactions may face credit, payment, and financial risks such as exchange rate risk. Financial instruments such as letters of credit (L/C), insurance contracts and derivatives become necessary to protect the interests of participating parties.
• Difficulties in supply chain management and operations: Ship operations, logistics, and transportation processes such as laytime, demurrage, or issues of preserving goods in transport (such as refrigerated cargo) require an in-depth understanding of processes and tools.
• Competition and technology: The commodity trading industry is becoming more competitive with the adoption of digital technology, blockchain, and data analytics tools in operations management and demand forecasting. However, many companies are still not taking full advantage of the potential of new technology.
• Given these challenges, understanding the principles of trading, operations, and risk management in the commodity trading industry is critical so that businesses and individuals can maintain and grow in a challenging environment. Current fluctuations.
  

  What benefits do you get when you join the “Shipping and Commodity Operation Course”?

• 1. Improve Your Knowledge of Commodity Trading
• The course helps students understand the basic and in-depth concepts of commodity trading. You will learn about:
• The business model of commodity trading companies.
• The development of the commodity trading industry from the past to the present.
• Financial instruments such as letters of credit, contracts, and international payment methods.
• 2. Understand INCOTERMS and Ship Operations
• The course provides solid knowledge of INCOTERMS from basic to advanced, helping you:
• Manage international shipping processes effectively.
• Understand how different types of transport vessels (dry bulk, tanker, container) operate.
  3. Manage issues related to laytime, demurrage, and other important transport factors.
• In-depth Risk and Financial Management
• The commodity trading industry faces many financial and payment risks. The course will help you:
• Identify and manage financial risks, including exchange rate, payment, and credit risks.
• Learn how to use financial instruments such as Financial Instruments to protect transactions.
• Understand the types of contracts in commodity trading and the legal risks involved.
  4. Develop Practical Trading Skills
• The course not only teaches theory but also helps you practice your skills through real trading situations:
• Analyze real transactions from industries such as sugar, biofuel, non-ferrous metals, powdered milk, etc., to gain a deeper understanding of trading processes.
• Learn from seminars and private calls with experts and leaders in the commodity trading industry.
  5. Explore New Opportunities in the Commodity Trading Industry
• In addition to learning professional knowledge, a pathway for career development is opened up in the course.
• Chance to network with professionals and companies in the industry.
• Insights from one-on-one interviews with CEOs and founders of companies in the commodity trading industry.
  

  Results after participating in Shipping and Commodity Operation Course

  FAQs

• 1. What can I learn from the course “Shipping and Commodity Operation “?
  It will give you basic knowledge and understanding of commodity trading. Basics in terms of origin to destination and how transportation takes place, you will have enough knowledge to get through job interviews and be a part of such an industry.
• 2. How Does the Course Work?
  Shipping and Commodity Operation ( E-Video Course with PDF Supporting File ) You can learn in your own time and watch lectures at any hour.
• 3. Who can go through the primary course?
  It is self-paced, but we recommend you complete it within six weeks to increase its effectiveness. The lessons could be done in your own time, and you may deal with revisiting old topics anytime.
• 4. Is the course always available to be taken?
  Yes. After paying for this course, you will have access to all of the materials and lectures forever.

Conclusion

Damien Würsten’s Shipping and Commodity Operation course is a great opportunity for you to master the necessary knowledge about the international transportation and commodity trading industry.The course guides you through the ins and outs of basic principles as INCOTERMS, vessel operations and dynamic financial risk management to trading practice thus preparing you thoroughly for your entry into this avenue. Join now to learn more and start your career in commodity trading & international transportation!

IMG Course: Download + “Damien Würsten – Shipping and Commodity Operation Course“. Buy Product on Website.