Chartering and Managing Oil and Gas Tankers
Chartering and Managing Oil and Gas Tankers, available at $19.99, has an average rating of 4.7, with 30 lectures, based on 24 reviews, and has 78 subscribers.
You will learn about Gain insight into the process of chartering tankers Grasp the fundamentals of the oil and gas industry Learn about the factors that affect the tanker market Understand firm offers and counter-offers Learn about Worldscale and the calculations involved Learn details about LayCan. Laytime, Demurrage and Despatch Calculate Laytime and prepare Statement of Fact Learn about Notice of Readiness and when to tender NOR Enhance communication and negotiation skills relevant to tanker chartering Know the relevant organisations with the industry This course is ideal for individuals who are Beginners interested in chartering and management of oil and gas tankers or Industry practitioners keen on expanding their knowledge or Shipbrokers keen on deepening their understanding It is particularly useful for Beginners interested in chartering and management of oil and gas tankers or Industry practitioners keen on expanding their knowledge or Shipbrokers keen on deepening their understanding.
Enroll now: Chartering and Managing Oil and Gas Tankers
Summary
Title: Chartering and Managing Oil and Gas Tankers
Price: $19.99
Average Rating: 4.7
Number of Lectures: 30
Number of Published Lectures: 30
Number of Curriculum Items: 30
Number of Published Curriculum Objects: 30
Original Price: $74.99
Quality Status: approved
Status: Live
What You Will Learn
- Gain insight into the process of chartering tankers
- Grasp the fundamentals of the oil and gas industry
- Learn about the factors that affect the tanker market
- Understand firm offers and counter-offers
- Learn about Worldscale and the calculations involved
- Learn details about LayCan. Laytime, Demurrage and Despatch
- Calculate Laytime and prepare Statement of Fact
- Learn about Notice of Readiness and when to tender NOR
- Enhance communication and negotiation skills relevant to tanker chartering
- Know the relevant organisations with the industry
Who Should Attend
- Beginners interested in chartering and management of oil and gas tankers
- Industry practitioners keen on expanding their knowledge
- Shipbrokers keen on deepening their understanding
Target Audiences
- Beginners interested in chartering and management of oil and gas tankers
- Industry practitioners keen on expanding their knowledge
- Shipbrokers keen on deepening their understanding
Embark on a voyage into the intricate world of oil and gas tanker chartering and management with our comprehensive course. As vital players in the global energy supply chain, oil and gas tankers are essential for transporting valuable resources across the seas. This course provides a deep dive into the strategies, logistics, regulations, and best practices that govern this dynamic industry.
Gain a comprehensive understanding of the various types of oil and gas tankers, their functionalities, and how they fit into the energy supply chain. Explore techniques for optimizing tanker operations and ensuring cost-effectiveness.
Learn the fundamentals of chartering, including negotiations, fixtures, contracts, and the role of brokers in securing profitable deals. Gain a foundational understanding of energy markets, the role of oil as a commodity, and its significance in the global economy. Explore the spot market, where physical oil transactions occur.
Explore the fundamental principles of Laytime, the time allocated for loading and unloading cargo. Learn how to calculate Laytime accurately, accounting for various factors like weather and cargo handling. Understand the significance of Laycan, the period during which the vessel must arrive, and how it impacts the Laytime calculation. Learn about Demurrage, and the charges incurred when Laytime is exceeded. Explore the concept of Despatch and the financial incentive for early cargo discharge.
Explore the Worldscale system, its history, and its role in standardizing freight rates for various tanker sizes and routes. Learn how to interpret Worldscale rates and assess their impact on shipping economics.
Examine the Notice Of Readiness process, its significance, and the legal implications of issuing a Notice of Readiness. Learn the critical timing and documentation requirements to ensure a smooth cargo operation.
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction
Chapter 2: Tanker Market, Brokers and Practitioners
Lecture 1: Factors Affecting Tanker Market
Lecture 2: Impact of Seasonal Climate, Weather and Physical Restrictions
Lecture 3: Role of Tanker Broker
Lecture 4: Practice Questions
Chapter 3: Tanker Market Trade Features
Lecture 1: Tanker Spot Market
Lecture 2: Oil Futures and Oil Options
Lecture 3: Practice Questions
Chapter 4: Chartering Market Practice
Lecture 1: Negotiation Process and Terminology
Lecture 2: Fixing on Subjects
Lecture 3: Practice Questions
Chapter 5: WORLDSCALE
Lecture 1: Overview and Origin of Worldscale
Lecture 2: Worldscale Flat
Lecture 3: Worldscale Freight Rate
Lecture 4: Practice Questions
Chapter 6: Notice of Readiness, Laytime, LayCan, Demurrage and Despatch
Lecture 1: Notice of Readiness (NOR)
Lecture 2: Tendering Valid Notice of Readiness
Lecture 3: Laytime, LayCan, Demurrage and Despatch
Lecture 4: Time Bar in Tanker Demurrage Claims
Lecture 5: Calculating Laytime and Preparing Statement of Fact
Lecture 6: Practice Questions
Chapter 7: Commissions, Disputes and Professional Negligence
Lecture 1: Commission payment and Dispute Resolution
Lecture 2: Managing Conflicts & Disputes
Lecture 3: Professional Negligence and Indemnity
Chapter 8: Financial Elements – Warranty and Bonus
Lecture 1: Pumping Warranty
Lecture 2: Ballast Bonus in Time Charters
Chapter 9: Organisations and Associations
Lecture 1: OPEC
Lecture 2: INTERTANKO
Lecture 3: ITOPF
Lecture 4: OCIMF
Instructors
-
Ayoola Ponle, Brightsea Resources
Chartered Shipbroker, Safety Practitioner, Marine Operations
Rating Distribution
- 1 stars: 0 votes
- 2 stars: 3 votes
- 3 stars: 5 votes
- 4 stars: 3 votes
- 5 stars: 13 votes
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