Demurrage can lead to a significant loss the bottom line so how can charterers minimize their exposure to such risk?

Demurrage Masterclass 25-27 September 2013, Dubai, UAE; 23-25 October 2013, Singapore

A successful negotiation of laytime and demurrage can contribute substantially to an organization’s profitability. However if disputes related to them are not managed effectively, can lead to a significant loss  by charterers and shipowners and ultimately impact their bottomline.

This comprehensive masterclass provides both an overview and in-depth discussions of laytime calculations, tanker charter party clauses, and issues associated with laytime and demurrage. It expands on both the common and not so common issues associated with demurrage.

Delegates will also learn to minimise their demurrage exposure and maximise on demurrage collection with reviews of case law that determines successful demurrage resolution.

This masterclass is packed with practical exercises that will allow delegates to develop or enhance their demurrage knowledge and skill. Whether you are new to handling laytime and demurrage matters, seeking a refresher, or you would like a better understanding of the subject, this masterclass is for you.

Your expert trainer has been in the oil and shipping industry for more than 30 years, during which time he has held positions in procurement, oil trading and tanker operations, supply logistics, refinery throughput planning, gas field production and marketing, shipbroking, vessel agency and until 2008 in demurrage and claims management. He has participated in a number of industry forums and served on North Sea oil and pipeline management and pricing committees. He started his career with BP holding positions in procurement, trading and supply logistics and operations and refinery throughput planning. After 11 years with BP, he left to take up a position with a Middle East Shipping Agency based in Bahrain, where he jointly headed up the tanker agency team responsible for Bahrain and neighbouring Saudi Arabia. Returning to the UK he subsequently held positions in oil trading, shipbroking and north sea oil exploration and production.

 

http://demurrage.invidaevents.com

Tanker Chartering 23-24 Spetember 2013, Dubai, UAE; 21-22 October 2013, Singapore

A better understanding of tanker chartering is essential for successful trading, owning, chartering, operations, and associated areas in the tanker markets.This course is designed to give a specialist tanker chartering knowledge to those involved in vessel ownership, management, chartering and vessel operation for quality tanker chartering.

This course will cover key topics and issues in tanker chartering and will provide practical insights and possible remedies to these issues. It will ensure an understanding of the strategies to be followed for chartering and operating vessel charterparties, and the issues involved with claims, including demurrage.

This course is tailored for those who deal in tanker chartering and operations in their daily work such as shipowners, charterers, shipbrokers, traders, P&I personnel, claims and cargo handlers.

Your expert trainer has been in the oil and shipping industry for more than 30 years, during which time he has held positions in procurement, oil trading and tanker operations, supply logistics, refinery throughput planning, gas field production and marketing, shipbroking, vessel agency and until 2008 in demurrage and claims management. He has participated in a number of industry forums and served on North Sea oil and pipeline management and pricing committees. He started his career with BP holding positions in procurement, trading and supply logistics and operations and refinery throughput planning. After 11 years with BP, he left to take up a position with a Middle East Shipping Agency based in Bahrain, where he jointly headed up the tanker agency team responsible for Bahrain and neighbouring Saudi Arabia. Returning to the UK he subsequently held positions in oil trading, shipbroking and north sea oil exploration and production.

 


http://tankcharter.invidaevents.com

Oil and Chemical Tanker Operations 11-12 September 2013, Kuala Lumpur, Malaysia, 16-17 September 2013, Dubai, UAE

This course provides a comprehensive overview of oil and chemical tanker cargo operations and is intended for personnel, whether from ship or shore side, who handles oil and chemical cargoes. It is essential they understand the essentials of safe operations and effective cargo handling to reduce risks in dealing with dangerous cargoes.

This course covers topics on effective cargo handling, safety systems, load and discharge operations, pumping arrangements, ballasting operations, crude oil washing, methods of inerting, purging and gas freeing, tank cleaning, and emergency plans in terminals, berths, etc. The course combines lectures, discussions, practical case studies and workshops drawn from the expertise of our trainer who has over three decades of experience in the field as a mariner, consultant, and educator.

Your expert trainer has 32 years in the maritime industry. He has overseen shipping operations as a seagoing officer, Master, vetting inspector, cargo expediter, risk assessor, charterers’ representative and latterly as trainer, educator and researcher. His work has not only taken him around the world but into the hub of various high level international projects.

Your trainer started his seagoing career with the BP Tanker Company in 1980 as a deck cadet and rose to the rank of Chief Officer, having attained his Master Mariners Certificate of Competency.  As a junior officer, he added to his seagoing experience by sailing on dry cargo ships.  With BP he worked extensively on crude oil, refined product, fuel oil and LPG tankers and enjoyed world-wide trading patterns.

 


http://tankerops.invidaevents.com

Ship Vetting and Inspection 9-10 September 2013, 18-19 September 2013, Dubai, UAE

Commercial vetting is carried out for a reason. The reason is not always clear to those subject to yet another ship inspection. The premise and indeed reason for these commercial vetting inspections is to more closely assess the chances of reliable transportation of products and goods by sea. Assessment of this reliability will be based as much upon commercial issues as regulatory adherence. Observation and scrutiny of not just equipment but the operatives and supervisors of shipboard operations is undertaken.  This will indicate in much more detail than observation of regulatory adherence alone, the chances of safe, efficient and incident-free voyages. This is the reason for commercial vetting.

Accordingly, inspections are more scrutinizing and include an assessment of human elements, not seen in the more regulatory oriented Port State or Flag State, or Classification Society inspections.  The course will refer to tanker inspections such as SIRE and CDI as well a dry cargo ship inspection questionnaires.

Your expert trainer has 32 years in the maritime industry. He has overseen shipping operations as a seagoing officer, Master, vetting inspector, cargo expediter, risk assessor, charterers’ representative and latterly as trainer, educator and researcher. His work has not only taken him around the world but into the hub of various high level international projects.

Your trainer started his seagoing career with the BP Tanker Company in 1980 as a deck cadet and rose to the rank of Chief Officer, having attained his Master Mariners Certificate of Competency.  As a junior officer, he added to his seagoing experience by sailing on dry cargo ships.  With BP he worked extensively on crude oil, refined product, fuel oil and LPG tankers and enjoyed world-wide trading patterns.

 

http://shipvetting.invidaevents.com 

Drafting, Vetting, and Negotiating EPC Contracts 26-27 August 2013, Singapore

 

This course is interactive with various case studies and practical discussions to give participants both commercial and legal perspectives in drafting, vetting, and negotiating EPC contracts. Participants are encouraged to send their contract-related issues to the course leader in advance. Cases will be treated anonymously during the course.

Your expert trainer holds a Bachelor of Law degree from the University of London and Master of Business Administration degree from Victoria University. He has many years of legal experience in the private sector and he is presently working in a law firm, and he is also an Advocate & Solicitor of the Supreme Court of Singapore. David has drafted and vetted oil and gas agreements including EPC contracts while working as a legal counsel for a company in Singapore.

Over the years, he has conducted legal training for the corporate sector on the various practical legal issues facing the corporate field and has lectured for many training institutions, on Business and Company Law. His forte is in the field of corporate and commercial drafting of contracts, including company matters.

http://epccontracts.invidaevents.com