Principles of Tanker Ownership, Chartering, Operations, Laytime and Demurrage

Principles of Tanker Ownership, Chartering, Operations, Laytime and Demurrage (CLASSROOM) - TD2L

Key Objectives
Who Should Attend
Course Speakers
Course Dates

Principles of Tanker Ownership, Chartering, Operations, Laytime and Demurrage is a three-day instructor led course presented by the energy training experts at Mennta Energy Solutions. Making sound business decisions concerning tanker ownership, chartering, operations and coverage strategies demands a good understanding of key issues and their potential impact. This basic course covers the crude oil, petroleum products, chemicals and gas transportation sectors. This course also examines the important economic, financial, contractual, environmental and legislative issues when evaluating contract options, chartering and investment strategies, logistics and operating tactics.
This course will also provide practical understanding and instruction in the complexities of laytime and demurrage and in so doing, de-mystify them. Emphasis is placed on how to avoid potential problems from the outset, how to limit risk and exposure and ultimately save money through the efficient handling of claims and avoidance of costly legal proceedings. The course highlights differences between major charter parties and the problems encountered between shipping and oil sales contracts.
Case studies and practical sessions provide delegates with hands-on experience of decision making in this area. There are no pre-requisites for this course, nor is any advanced preparation required. This is a three day course.

The supply, trading and risk management departments in oil, gas and petrochemical companies, the commercial and operations departments in the shipping affiliates or divisions of oil companies, the commercial and operations departments of ship owning companies, the planning and financial departments of shipping companies and oil company transportation divisions, banks and financial institutions involved in oil tanker, gas and chemical carrier finance, accountants and legal firms dealing with energy transportation issues, oil trading and distribution companies and management new to the transportation sector.

Captain Rohit Bhatia

Master Mariner MSc AFNI MIAME
Managing Director, Wade Maritime Group

Charles Lawrie

Independent Advisor

29 Sep - 01 Oct 25

In-Person

Testimonials

Everything was excellent!

Saudi Aramco

Overall experience was wonderful. I got to know people who I would not have met otherwise. Charles as an instructor was outstanding. Enjoyed his lectures.

Reliance

Very informative course, great for networking.

Reliance

I enjoyed it. The presenters were knowledgeable and organised.

Caltex

A great course especially for new starters like myself. The level of complexity was perfectly adjusted so I could keep up with the concepts and see these applied to real-life situations.

Caltex

Very informative, loved the lectures and lecturers, overall discussions were interesting, exercises were helpful and responses to questions were appropriate.