Training

Tanker

Oil Industry Tanker Chartering, Operations and Loss Control (Quantity and Quality)

25-27 September

Venue: The Chesterfield Mayfair Hotel

Price: US $2250 per Delegate

We reached the maximum capacity of the meeting room and, regrettably, we can no longer accept additional delegates.


THE IMPORTANCE OF THIS EVENT

 

Chartering, trading operations and loss control are key elements of oil deal management and when considered in isolation or together, can and often do have a significant impact on the bottom-line success of the trading deal. Having a clear understanding of these elements will have a positive impact on maximising profit, reducing loss, and mitigating risk.


The importance of this course is to gain a broad understanding of chartering, operations and loss control. The course is ideally pitched at people in the industry who are either new to what is collectively termed ‘oil trading operations’, or for those considering, or being considered for such a role. The course would also be very useful for members of other teams engaged in the front to back oil trade process in order to gain a better understanding of what goes on in an ever expanding and complex role.


This comprehensive, certified course – led by Tony Yates (Master Mariner Class 1) who was previously Head of Operations for BP Oil International Ltd until his retirement in March of 2014 – has been designed as training matrix run in 3 modules for chartering and operations staff who need to understand the fundamentals of the tanker market, operations and quantity and quality control. The three modules are Tanker Chartering, Tanker Operations and Oil Industry Loss Control each of which can be attended separately, all together, or in combination.


As one of the most experienced and knowledgeable operators in the oil industry (and one of Asdem's senior consultants) anyone who services the tanker market will find great benefit from Tony's vast experience and structured knowledge of the elements of chartering, tanker operations, as well as quantity and quality issues.

 


 

EVENT DESCRIPTION

 

The course covers the structure of the tanker market, how information is gathered and disseminated, how business is quoted and how proposals are evaluated. On day one, delegates will learn the voyage negotiation process and then proceed to charter a vessel. During day two, delegates will operate the charter through its various stages of loading, sailing, and discharging. They will deal with a variety of issues all the way to final closure of the file, including the calculation of freight, demurrage and deviation.

 

The course which has been extensively revised for 2019 takes a typical voyage as its basis in order to provide delegates with an in-depth understanding of the procedures to be followed for chartering and operating vessel contracts. Role-play and hands-on exercises ensure that the delegates will fully understand the reasons for the various decisions they have to take. They will also gain an increased awareness of the many potential pitfalls.

 

If you would like to download the full brochure for this event, you may do so by clicking here.

 


 

COURSE TOPICS

 

[TANKER CHARTERING MODULE: 25 SEPTEMBER - 09:00 to 17:00]

  • The scope of the role
  • Types of charter
  • The charterparty
  • Determining the market price
  • Freight, methods of calculation, Worldscale
  • Fixture notes
  • Vessel selection
  • Q88
  • Ship Knowledge
  • Ship vetting and clearance
  • Checklists
  • Voyage orders
  • Vessel tank preparation

 

[OPERATIONS MODULE: 26 SEPTEMBER - 09:00 to 17:00]

  • The scope of the role
  • The oil contract
  • Documentation and instructions
  • Communication and relationships
  • Incoterms
  • Modes of transport
  • Letter of Credit
  • Simple to complex operations
  • Procedures and checklists
  • Avoiding costly mistakes
  • The cargo voyage

 

[LOSS CONTROL MODULE: 27 SEPTEMBER - 09:00 to 17:00]

  • The industry and expectations
  • Quantity
  • Measurement
  • Independent Inspectors
  • Superintendents, expeditors, specialists
  • The loss and contributory factors
  • Cargo heating
  • Crude Oil washing
  • Voyage reconciliations, crude and products
  • Quality
  • Specifications
  • Sampling and testing
  • Repeatability and Reproducibility
  • Test cases

 


 

SPEAKERS

 

Tony Yates, BP Oil International Ltd. Tony holds a Master Mariner Class 1 license and, prior to his retirement in 2014, was the Head of Operations for BP Oil International Ltd, based in London. As the Marine Authority for BP’s global trading business, Tony has a deep understanding of chartering, operations and loss control and the course will afford you the unique opportunity to learn, first-hand, from someone with significant oil operations knowledge and experience.

 

Andrew Wilding, Managing Director, Asdem. Andrew is a maritime law specialist with extensive experience in drafting, negotiating and resolving disputes in energy, marine, and transportation contracts for ship owners, ship managers, charterers, commodity traders and their insurers. Andrew lectures extensively for academic and professional institutions and has lived and worked in Asia for over 20 years.

Andrew was an Associate at the Hong Kong office of Sinclair Roche and Temperley prior to joining the Singapore office of Stephenson Harwood where he was a Partner, responsible for establishing and running the shipping litigation department at Stephenson Harwood’s office in Singapore.

Andrew has lectured for numerous academic and professional institutions in Japan, Korea, China, Singapore, London and in the United States.

Andrew established a post graduate course in Maritime Law at Dalian Maritime University in China and ran a certificate course in Shipping in Hong Kong. He is the author of numerous published articles on Maritime Law.

Andrew is frequently asked to act as an arbitrator/mediator in order to help the oil industry settle disputes amicably.

 


 

FULL TRAINING COST AND SPECIAL PER-MODULE PRICING

 

Please Note: those wishing to attend only one of the three modules, the price is US $800; those wishing to attend two modules the price is US $1,500; delegates wishing to attend all three modules throughout the full 3-day training will cost US$ 2,250. All prices are plus VAT if applicable.

If you would like to register for all three modules, please click the "Register Now" button.

For those who wish to register for specific modules, please contact us at events@asdem.com.

 


 

DISCOUNTS

 

  • Early-bird discount (until 4 September), 15% off for one to two delegates.
  • Early-bird discount for three or more delegates, 20% off.
  • Three or more delegate discount after 4 September, 10% off.

 



We reached the maximum capacity of the meeting room and, regrettably, we can no longer accept additional delegates

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