Institut Supérieur de Formation Bancaire / Institute for Studies in Finance & Banking



Contexte et enjeux

Ce cours est dispensé dans le cadre du Certificat en Financement du Négoce International 

Cours en anglais

The world of Commodity Trading and Shipping is as diverse as it is complicated. Each transaction can involve multiple methods of transportations, multiple jurisdictions and languages, a diverse range of companies involved and many millions of dollars.

When working with this world it is important to have a good understanding of the daily operational challenges.

This course will provide participants with a good general understanding of the operational side of Commodity Trading and Shipping to ensure that the situation is understood and the right questions are asked.



Upon completion of this course, the participants will:

  • Have a good understanding of Commodity Trading from an operational point of view
  • Know and understand the various trade flows and what influences them
  • Be familiar with the various documentation and terminology surrounding Commodity Trading
  • Have a solid knowledge and understanding of the methods used for transporting commodities
  • Fully understand the essential role of operations in Commodity Trading
  • Perform a wide range of calculations used daily in the industry


  • Introduction to Commodity Trading
  • Trading Contracts
  • Shipping
  • Laytime & Demurrage
  • Finance
  • Legal
  • Insurance

Public ciblé

Professionals currently employed or looking to work in the financing operations of commodities trading:

  • Credit Analysts
  • Relationship Managers
  • Credit officers etc

Biographie du formateur

Richard Watts has an in-depth knowledge of all areas of Commodity Trading including shipping, operations, insurance, finance and legal matters.
Richard started his career by working for 7 years in 2 major Rice Trading Companies in various departments. In 2008 Richard created HR Maritime, based in Geneva with the aim of providing a wide range of services to the Trading and Shipping Community. HR Maritime’s current activities are divided in 3 parts: Consultancy, Outsourcing and Insurance.
Richard presently gives a large range of training courses to companies and students.
Richard is a Fellow of the Institute of Chartered Shipbrokers (ICS).