Navigate the reality of global shipping.
Beyond the rhetoric of global trade lies the rigorous discipline of maritime shipping. We provide the certification, the unfiltered market data, and the hard-nosed analytical tools required by those who actually move the world's cargo.
The Market, Unfiltered.
Daily assessments of dry bulk and tanker rates, grounded in actual fixtures rather than sentiment.
Dry Bulk Indices (Last 30 Days)
Tanker Dirty Routes (WS)
Certification that commands respect.
The Institute sets the global standard for professional competence in shipbroking, chartering, and operations.
Foundation Diploma
Ideal for newcomers. Covering maritime geography, ship types, and the basics of international trade.
View SyllabusMembership (MICS)
The professional benchmark. Requires passing 7 rigorous exams spanning legal, commercial, and operational disciplines.
MICS RequirementsFellowship (FICS)
The pinnacle of professional achievement, recognizing senior practitioners with substantial industry contribution.
Fellowship Criteria
Calculations that dictate margins.
In chartering, a minor miscalculation in bunker consumption or laytime can erase the profit margin of an entire voyage. We provide standardized, transparent tools used by brokers worldwide.
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Voyage Estimator
Calculate TCE returns factoring in bunker costs, port disbursements, and routing.
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Laytime Calculator
Compute demurrage/despatch claims with SHINC/SHEX parsing logic.
Essential Guides
View All GuidesChartering Basics
The mechanics of matching cargo to ships, distinguishing between Voyage, Time, and Bareboat charters.
LegalIncoterms 2020
A practical breakdown of cost and risk transfer points from EXW to DDP in maritime contexts.
DocumentationBill of Lading
Understanding the receipt, title, and contract functions of the industry's most critical document.
RiskMarine Insurance
P&I clubs, H&M policies, and General Average principles every operator must know.
Of global trade volumes are carried by sea, underpinning the modern supply chain. Source: IMO, 2023
Merchant ships trading internationally, requiring rigorous operational oversight. Source: UNCTAD, 2023
Countries where Institute certified professionals are actively managing shipping operations.
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Find definitions, regulations, and exact clauses instantly.
Frequently Asked Questions
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Recognized by Global Maritime Authorities