COURSES
IBIA BASIC BUNKERING COURSE
Tuesday 20 May
Available in English and in Spanish
A one-day beginner’s course in bunkering, covering all the basics, including technical, operations, environmental and commercial issues. Designed for newcomers to bunkering, this highly successful ‘introductory’ course has been taught at many locations around the world.
Click here to view a provisional programme.
The programme covers:
Introduction to the Bunker Business: What are bunkers? * Ships, Ports and Agents * The Players: Buyers / Sellers / Brokers / Deliverers * The Oil and Shipping Markets
The Commercial Deal: Inquiry: Quantity, Grade, Location, Date * Special Conditions * Offers: Subjects, Validity, Credit Negotiations, Counter Offers, Acceptance * Contract and Responsibilities * Confirmation, Invoice and Settlement Commissions
The Game - a role playing exercise
Operations: Where, when, why and how much? * Port restrictions * Liaison and Communications * Delivery Methods * Customs Requisition and Receipt Forms
Technical: What are Marine Fuel, Diesel and Gasoil? * Specifications * Handling before and after delivery * Analysis * Blending * Problem Areas
Real Life: Disputes - Quantity & Quality * Examples of Real Disputes * The basic causes and effects of Demurrage/Delay, Cancellation, Payment Problems * Legal Liabilities * How to avoid disputes
IBIA ADVANCED TECHNICAL & OPERATIONS COURSE
Monday 19 - Tuesday 20 May
A two-day Advanced Bunker Course, getting deeper into the main areas of bunkering, including in-depth sessions on Operations and Technical issues. This course is aimed at people with some knowledge of bunkering who need to refresh their knowledge of technical and operations issues at a more advanced level.
The programme covers:
Technical: Production and storage * Specifications and parameters for marine fuels *
Sampling methods * Analysis methods * Interpretation of analysis results *
Quality implications for vessels * Emergency fuel treatment * Debunkering * Health/Safety/Pollution
Click here to view a provisional programme.
Operations: Equipment, Scheduling and Communications * Documentation, Terms of Sale * Exercise - Planning a delivery schedule, three vessels - two barges * Pre-Delivery Formalities * Calculations * Exercise calculating mass from known gross volumes * Procedures ISO TR 13739, CP60 * Exercise calculating mass from soundings * Pollution prevention * Oil spill exercise
Click here to view a provisional programme.
THE MARINE CREDIT RISK ASSESSMENT COURSE
Monday 19 - Tuesday 20 May
When it comes to credit management, complacency can destroy your business
Over the past four years the shipping sector has experienced unprecedented returns. Substantial profits have been made against a background of buoyant freight rates and strong demand - fuelled in particular by China and India.
At the same time, bunker prices have gone through the roof....
There have been relatively few casualties in the shipping sector in recent years and suppliers have sometimes, without question, increased their credit lines way beyond previous comfort zones. Credit lines are now being approved at levels that, in many instances, are inappropriate and unsafe! Some suppliers have become far too complacent. When a crisis hits, they will be in for a big shock!
Now is the time to ensure that your company is properly armed to respond quickly to changing market conditions. Understand your customers and suppliers, and the markets they are operating in. Know what to do in the event of trouble.
This workshop will give you the tools to achieve this.
The two-day advanced level workshop / training course focuses on credit risk in the maritime sector, with particular emphasis on the bunker industry. It digs deep into the complexities of the high risk, volatile shipping and bunker markets, offering comprehensive sector risk analysis that helps delegates avoid problems and get out of trouble. It covers:
- Shipping sector and country risk
- Credit risk analysis
- Real life experiences, using specific examples
- Using and maximising the benefits of marine credit reports
- Credit insurance
- Debt collecting and factoring in the bunker industry
- What to do when the bunker deal goes wrong.
This highly interactive course is aimed at those working at the sharp end of trading, supply, purchasing, accounting, credit control, finance and legal departments of shipping, bunker and other maritime companies.
For the detailed programme click here
"Thanks for inviting me to participate in what was undoubtedly the most important shipping/maritime event I attended this year. With bunker prices up 150% since 2005, the record amounts of liquidity in the market earlier in the year followed by the 'credit crunch' and not to mention FFAs, the timing could not have been better. Going into the uncertainties our industry is facing in 2008 this course should be a regular on the circuit and a must for all serious responsible operators in the sector." ExxonMobil
UNIQUE BENEFITS FOR ALL DELEGATES ON THIS COURSE:
- A FREE confidential credit review and analysis of your customer portfolio
- 10 FREE marine credit reports, worth up to $3,000
- The opportunity to recover 100% of the course fee
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