Commercial Practice in Bunkering

  • Authors Nigel Draffin
  • Language English
  • Published First Edition. 2011
  • ISBN 978-0-9548097-8-2

Commercial Practice in Bunkering is a valuable source of information and guidance on the process and methods of buying and selling bunker fuels. It assumes a little knowledge of ships, commerce and marine fuel and is intended as a ready reference for those who need to understand how the commercial side of the business really works.

Any commercial deal between a seller and buyer can be frustrated at any stage of the process, and bunkering can be particularly prone to contractual problems. In Commercial Practice in Bunkering, Nigel Draffin deftly guides the reader around the pitfalls, using simple and sometimes entertaining language to explain often complicated issues.

The book examines every aspect of the commercial deal, from the buyer’s enquiry to the supplier’s offer, terms and conditions, the contract and each party’s obligations.

It takes the reader through the delivery, documentation and settlement of the invoice, along the way covering negotiation, hidden costs, credit, payment terms, default and even debunkering.

The book is full of examples of clauses drawn from real contracts and practical advice on how to interpret them. There is also a chapter on the costs – and potential financial penalties – of increasingly stringent international environmental regulations.

 

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RRP: £60

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Customer Reviews

5 out of 5 stars (3 reviews)
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Latest Reviews
Maritime Advocate
‘We rather like this book by Nigel Draffin, a dean of the bunkering industry who has written and taught on the subject of bunkers many times and who clearly has the knack of presenting a complex and many faceted subject in a blunt plain-speaker sort of style. When he turns his eye onto a subject, he makes a lot of sense. The book is interesting throughout.’ The Maritime Advocate
Maritime Executive
‘As can be expected with a book written by Nigel Draffin, this publication also includes a vast amount of informed detail on some of those areas that are often ignored, sometimes to great cost and inconvenience. Once again, he has included an extensive glossary, comprehensive indices and appendices, as well as a very useful “where to go for help” section.’ The Maritime Executive
Goris Vermeulen
‘For a quarter of a century, Nigel has left no stone unturned in his quest to improve his own knowledge of the bunker industry and to share what he has learned with others. On a personal note, I truly admire his enthusiasm and dedication to the industry and admit that he is now, without question, a bunkering legend. I thoroughly commend Commercial Practice in Bunkering and wish Nigel the greatest success with his book.’ Goris Vermeulen, former co-owner of Dutch bunker supplier Fristol b.v and founder of BunkerExperience