Managing Petroleum Loss and Contamination During Cargo Operations & Transportation By Tankers

Unique Features of this Course!

“Not a drop of oil should be left unaccounted!”

In this two day intensive and advanced course cum workshop, the participants will be able to gain knowledge and strategies to deal better with the contemporary challenges facing Oil Tankers in the near future. For instance:

Bunkers Price, Quality and Quantity (PQQ) management implies precise control of expenses, whether on loaded / ballast voyage, or  in anchorage while waiting for orders;

  • Consumption optimization
  • Pilferage controls

Comprehensive Cargo Operations Management Strategies;

  • Measurement protocols
  • Custody Transfer Protocols
  • Incentives for retention lower than un-pumpable allowance

Special Terms of the Charter Party for Cargo Management

  • Loading rates, Discharge rates, Temperature, Pressure and Vapour Control during the voyage
  • Mitigation of risks against the impact of partial loading and sloshing
  • Inerting of Tanks, Cross-overs and Pollution Risks

Pipelines and Tanks Cleaning Costs and Risk of Contaminants

  • How much time and cost can a Charterer pay for tank cleaning and slops
  • Liabilities of Charterers for cargo tank debris / damage
  • Liability of Terminal Operators and service providers in causing contaminations

Plugging the Sources of Petroleum Loss

  • Charterer’s Obligations
  • Owner’s Obligations and Liabilities
  • Bills of Lading and Responsibility Assignment Matrix

Who Should Attend?

This is a must attend course for all those directly or indirectly engaged in tanker operations for petroleum products, including:

Tanker Owners, Charterers, General Managers, Commercial Managers, Business Development Managers, Legal Counsels, Post-Fixtures Managers, Fleet Managers, Marine & Technical Superintendents, Senior Engineers or Middle Level Managers as part of succession planning.

Course Objectives

This course is developed to create a cultural change in preserving petroleum assets, despite the rise or fall in market prices, with the following underlying objectives:

  • Enhance the importance of containing the loss of petroleum cargo during transportation by ships, in context of the commercial proposition;
  • Identify commonly ignored avenues of cargo handling operations due to its low significance and compute the untapped value;
  • Interpret terms and conditions of a Charterparty in context of fuel consumption data and how to maintain the Vessel operations within agreed limits of consumption;
  • Evaluate current and future trends in petroleum transportation and the influence of regulatory regimes and strategies of Oil Majors;
  • Understand the methodology for review of cargo operations and implementation of corrective measures on a regular basis to avoid daily losses;
  • Establish a system of monitoring carbon foot print and record of emissions for each vessel; and
  • Appreciate importance of regulatory, legal and commercial obligations of each stakeholder.

Expected Learning Outcomes

Upon completion of the course and hands-on workshops based on real life cases, the delegates would have enhanced their knowledge base and be able to:

  • Identify avenues within their operations management model, in need of enhancement for loss minimization;
  • Evaluate impact of sludge, slops, retention,  and pumping energy consumed with cost considerations;
  • Develop cost accounting model for unaccounted petroleum cargoes and bunkers;
  • Enhanced consciousness about cargo remained in pipelines and slop tanks;
  • Create a system of assigning measurable parameters during custody transfer of cargoes in parcels;
  • Establish consumption curves for number of voyages and monitoring system for deviations; and
  • Manage contentious situations through effectively avoiding contaminants and contaminations.

The delegates will start saving costs by applying the lessons learned to their current business operations from the first day itself!

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