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A Complete Guide to Bunkering

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Course Name:

A Complete Guide to Bunkering

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Price available on request.

Short Description:

GTSS is proud to offer A Complete Guide to Bunkering, a course designed to meet the needs of the client.

Course Type:

Petrochemical, Oil and Commodities

Full Description:

Bunker fuel has never been so important. At a time of rising oil prices, improved trading technology and ever stricter environmental regulations, it is by far the biggest expenses involved in running a fleet. Ever more shipping companies are seeking ways to improve their bunker fuel procurement strategies through sophisticated purchasing programmes, while bunker traders offer risk management and hedging support strategies. In a market characterised by tight credit, stringent fuel quality regulations and demand for cleaner fuels, LNG is now being considered as possible part of the sector’s future. GTSS is proud to offer A Complete Guide to Bunkering, a course designed to meet the needs of the client. The course may be held
at the client’s own location, to save time and money.

This course is suitable for employees in the following roles:
Oil companies
Bunker suppliers/traders/brokers
Barge operators
Ship owners and operators
Law firms
Sales and marketing
Bunker fuel procurement/risk manager

Key features
Bunker fuels: history and background
Latest regulations (SOx, NOx, GHG)
Ensuring compliance
Energy efficiency
Demand and pricing
LNG and other alternative fuels
Current challenges for the bunker industry
Latest fuels standards (ISO 8217:2010)
Sampling and surveys
Testing companies
Updates on the latest metering debate
Strategic fuel purchasing
Price risk management
Credit risk management
Maximising profitability
Introduction to the legal framework
Contracts - ToR
Bunker quality and standards

The Lecturers

Chris Fisher
Chris Fisher held a variety of senior management roles in the bunker and cargo inspection sector before establishing his own bunker disputes investigation and analysis company, Bunker Claims International Ltd, in 2003. He continued to serve as a marine fuel consultant after the company was taken over by Brookes Bell in 2011. A fellow of IMAREST and past Chairman of the International Bunker Industry Association (IBIA), Chris is co-author of the book “Bunkers” and develops and delivers lectures and workshops on the subject.

Robin Meech
Robin Meech is MD of Marine and Energy Consulting and coauthor of “Outlook for Bunker Fuel Oil and Heavy Fuel Oil to 2030” published in July 2011 and teaches on a variety of bunker training courses.

 Course Agenda

Day 1

08.45 Morning Coffee

09.00 Background (1.0)
09.55 Regulations (2.0)

10.45 – 11.00 Coffee Break

11.00 Compliance (3.0)

12.00 Abatement (4.0)

13.00 – 14.00 Lunch

14.00 Demand and Pricing (5.0)

15.30 – 15.45 Coffee Break

15.45 Well to Wake (6.0)

16.40  Abatement Case Study (7.0)

17.30  End of Day

Day 2

08.45 Morning Coffee

09.00 Alternative Fuels (8.0)

09.30 Green House Gases (9.0)

09.55 The Future Environment (10.0)

10.45 – 11.00 Coffee Break

11.00 Standards (11.0)

11.50 Sampling & Surveys (12.0)

13.10 Test Methods (13.0)

13.30 – 14.00 Lunch

14.00  The Testing Companies (14.0)

14.45 Delivery Operations (15.0)

15.30 – 15.45 Coffee Break

15.45 Fuel Evaluation Case Studies (16.0)

16.30    Metering (17.0)

17.30   End of Day

Day 3

08.45 Morning Coffee

09.00   Strategic Purchasing (18.0)

09.45 Credit Risk Management (19.0)

10..45 – 11.00 Coffee Break

11.00   Price risk management (20.0)

11.30 Handling Claims & Disputes - (21.0)

12.15    Legal Aspects - Claims  (22.0)

13.00 – 14.00 Lunch

14.00 Course Quiz (23.0)

15.30 – 15.45 Coffee Break

15.45 Workshop Case Study (24.0)

16.45 Round up

17.00    End of Course