2022 Bunker Fuel Blending: A 3-Day Course
3 Half-day Sessions of 4.5 hours each from 8:00am to 12:30pm SGT
Over the course of three-days, the program seeks to focus on bunker fuel blending techniques concentrating on the creation and optimization of profitable blend formula. In addition to comprehensive analysis of blend components including pricing and the environmental impact, the program seeks to educate participants through real life case studies and exercises.
Take home after the course:
- 500+ Pages Bunker Blending Book
- 15+ Blending Programs and Exercises
- Bunker Blending Optimizer Program (DEMO)
- Blending Components Data Base
- Specs for Marine Bunker and Gasoil
- And more…
In order to get the maximum benefit for the course, participants should have Windows laptop installed with Adobe PDF Reader, Microsoft Word, Microsoft Excel and PowerPoint.
MCF Training Grant is available for eligible course participants. Please refer to www.mpa.gov.sg/mcf for information on the MCF Training Grant.
Course Director
Mr. Ara Barsamian
President, Refinery Automation Institute LLC, USA
Ara Barsamian is currently President and Chief Executive Officer of Refinery Automation Institute, LLC (RAIL). A fuels blending automation consulting firm, Refinery Automation Institute specializes in the profitable growth, development, and implementation of blending operations and technology.
Previously, he served as a group head of Exxon Research and Engineering Company where he designed, implemented, started up, and commissioned over 20 blending and oil movement systems across the United States, Europe, South America, the Middle East, and Asia.
In 1985, he formed 3X Corporation, which was later acquired by ABB, building on his 40+ years of experience in over 60 blending automation and optimization projects.
Ara is a fellow of American Institute of Chemical Engineers, life-time member of International Society for Automation, member of ASTM working group on using spectrometers for certifying in-line gasoline blends, and a member of IBIA’s Future Fuels working group.
He graduated from the City University of New York with a B.S. and M.S. degrees in Electrical Engineering.
Key Trends to be Covered
- Blend components for making 0.5%S bunkers
- Low Sulfur blend component properties
- Valuation / pricing of low Sulfur blend components
- Sourcing of blend components for making 0.5%S bunkers (USE, W Africa, EU/ARA, Singapore)
- Typical VLSFO recipes
- Calculation of Price and Profitability of VLSFO recipes
- New blend compatibility prediction formulas
- Scrubbers, Yes or No: Calculating Discounted Cash Flow (DCF) ROI
- References: specs, price bulletins, blend component data base, list of world oil refineries, other blending sources.
Key Learning Outcomes
- Learning the foundations of fuel blending business.
- Get familiar with different specs to be obeyed in different regions.
- Learning how to price blend components and products based on market price and key properties.
- Confidently use blend optimizers to maximize profit and simultaneously meet all specs.
- Predict the stability and compatibility of the blended fuels.
- Learn the enormous benefits associated with in-line blending directly to ship or pipeline.
- Get familiar with various Green Fuels that are being promoted.
Who Should Attend
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Fuel Oil / Products Traders & Operators
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Bunker Marketers / Traders
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Middle & Senior Managers
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Business Development Managers
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Trading Managers / Operators
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Commercial / Chartering Managers
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Supply & Operation Managers
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Blend Schedulers / Specialists
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Process Enogineers
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Laboratory Supervisors
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Bunkering Controllers
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Cargo Inspector / Surveyors
Course Outline
+ − Day One: 25 April 2022
1. Introduction to Bunker Blending and Bunker Business
- Overview of bunker business: What is Marine Fuel? What is Bunker? What is Blending?
- How are Marine Bunkers made?
- Decarbonization and Impact on Marine Bunkers:-
- IMO Decarbonization targets
- Green Fuels: Hydrogen, Ammonia, Methanol, LNG, Biodiesel
- Comparison of Green Fuels to Fossil Fuels
2. Bunker Specifications: ISO 8217-17, 2020 PAS, VLSFO “Proposed Specs”
- Current 2020 Marine Fuels Specifications
- Marine Fuels current environmental specs
- Significance of marine fuel properties
- Marine Fuels Additives
3. Typical Blend Components and Properties
- LS Crudes to make 0.5% S Bunkers
- 0.5%S blending components
- Sweet crude oil as a blend component
- Biofuels: Bio-diesel, Renewable Diesel
- Sourcing of bunker blend components
4. Bunker Compatibility and Stability
- Definition of fuel compatibility and stability
- Test methods, predictive models and order of blending
5. Bunker Grades and Blend Recipes
- Types of blend grades and components
- Methods of determining recipes and typical recipes
6. Bunker Blending Schemes and Practices
- Blending schemes, considerations and best practices
- Types of mixing
- Shipboard bunker treatment
+ − Day Two: 26 April 2022
1. Pricing of Bunker Components and Products
- Why do we need prices?
- Valuing a blendstock price, by walking through an example
- Other methods for valuing a blendstock price
2. Blending Linear – Non-Linear Property Calculations
- Linear / Non-Linear blending concept
- Linear and Non-Linear property calculations
3. Introduction to Blend Optimization
- What is blend optimizer?
- Single blend optimizer design
4. Lab Test Methods, Precision and Dispute Resolution
- Quality Assurance
- Sampling: Shore Tank and Custody Transfer
- Test methods precisicon
- Bunker tests
- Dispute resolution
- Setting blending targets
5. Delivery Quantity Measurements
- Methods of measureing delivered quantity
- Dipping, flowmeter, coriolis MFM
- Cappuccino effect
6. Scrubbers as Alternatives to Low Sulfur Bunkers, Costs and ROI
- Scrubbers and IMO 2020
- Sox Scrubbers Principles
- NOx Scrubbers
- CSNOx “All-in-One” reductions method
+ − Day Three: 27 April 2022
1. VLSFO Bunker Patents
- Bunker Patents
- VLSFO Patents
- Patent examples
2. The Environment, Alternative Fuels, and Green House Gas
- Environmental pressures: Decarbonization
- Standard measurement of “Carbon Footprint” using Life-Cycle Analysis
- IMO Targets
- Types of alternative fuels: Hydrogen, Ammonia, Methanol, LNG, Biobunkers
- Status in 2021
3. Best Practices of Blending VLSFO Fuels
- VLSFO Best Practices
- In-Line blending of bunkers
- Measuring in-line blending benefits
- Key Performance Indicators (KPI)
4. Bunker References
Testimonials
Get In Touch With Us!
+65 6338 0064
bfb_singapore@ccacademy.co