SUMMARY |
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Lack of understanding of complexities of oil cargo measurement, sampling, marine custody transfer procedures could mean the difference between your deal’s profit or loss. If proper checks and balances are not kept at each stage of the oil movement resulting in cargo loss, claims would become difficult to resolve amicably leading to expensive litigation.
Gain an edge in controlling petroleum cargo losses and be guided through complex oil cargo calculations including voyage analysis, determining source and magnitude of losses and steps to mitigate such losses. This intensive training will provide you with an in-depth understanding of the potential losses you could face during oil transportation with focus on understanding and determining the source of these losses and steps to take in order to mitigate such losses. You will be guided through complexities of oil measurement and sampling techniques, oil cargo calculations including VEF and OBQ/ROB calculations and analysing the voyage (VAR/VSRR) with the opportunity to hone these skills in an interactive workshop environment. This advanced course is a great opportunity for you to analyse losses in maritime transportation of oil at a greater depth giving more time to specific difficult areas. It has been designed for participants that have some prior industry experience and knowledge and who wish to broaden their knowledge of this litigious area in oil movements. |
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KEY LEARNING OUTCOMES |
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• Expand your knowledge of potential losses in oil movements, recognising and minimising such losses • Learn about various best practices and global standards used in oil measurement • Understand the procedures used in measurement and sampling of oil cargoes • Secure understanding of oil cargo calculations including calculations of VEF and OBQ/ROB • Become skilled at Voyage Analysis and Reconciliation of oil cargoes • Analyse oil cargo claims, determine magnitude of loss and ways to recover the loss • Consider contracts for oil transportation, Ship Owners’ defences and obligations & cargo retention clauses • Examine dispute resolution mechanisms including Conciliation, Mediation and Arbitration |
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TARGET AUDIENCE |
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• Charterers • Ship Owners • Claims Executives • Loss Prevention Staff • Risk Managers • Traders and Brokers • Ship / Terminal Staff • Operations Managers • Logistics Managers • Schedulers • Field Staff • Maritime Lawyers • Anyone else working in the oil transportation business who wishes to expand their knowledge about petroleum loss control in maritime oil transportation |
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INVESTMENT |
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SGD 2,795 per delegate (Special rate for online training only) SGD 3,995 per delegate (Original classroom fee) |
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