Practical Approaches To Managing 2020 Bunker Fuels

A Comprehensive 1.5-day Course Providing Strategies for

Location: Fujairah, UAE

Venue: Al-Diar Siji Hotel, Fujairah, UAE (Check The Map)

Starts: 24 Mar 2019

Ends: 25 Mar 2019

Type: Course

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This 1.5-day course will focus on practical approaches for preparing and managing IMO’s 2020 global sulphur cap on bunker fuels. It is designed for bunker buyers, sellers, bunker supply chain and industry stakeholders. The interests, priorities, obligations and challenges of each stakeholder group will be examined and discussed. The course will include a case study where participants will be challenged on the management process.

 

 

 

Course Director

Guest Presenters

Mr. Bernard Yee

Director
Resource Law, Singapore

FUJCON 2019 Conference Session 3 Panelist – Marine Fuel Quality, Specifications, Logistics & Handling: Considerations For A Multi-Fuel Future

Bernard was admitted to the Singapore bar as an advocate and solicitor in 2001.

He is an experienced Singapore litigator and dispute resolution practitioner, regularly appearing as counsel before courts and arbitral tribunals in Singapore on a wide range of contentious matters. These range from commercial disputes, such as individual and corporate insolvency actions (including cross border insolvency actions), to disputes involving specialist areas of law, such as admiralty and maritime, transportation, insurance (marine and non-marine), energy and international trade. Bernard also frequently participates in mediation and other forms of alternative dispute resolution.

Bernard’s shipping clients include P&I clubs, H&M underwriters, insurance brokers, shipowners and ship managers, chandlers and bunker suppliers; his other clients include multi-national companies such as commodity trading houses and global telecommunications service providers. Bernard can also count many local small and medium enterprises among his clients.

Bernard is a Fellow of The Singapore Institute of Arbitrators. He is a member of the Inquiry Panel constituted under the Legal Profession Act to inquire into professional complaints, as well as a committee member of the Maritime Law Association of Singapore. He is also a Notary Public and Commissioner for Oaths.

Bernard is fluent in English and Mandarin, both written and spoken.
Professional Admissions / Qualifications
• Singapore
• Fellow of The Singapore Institute of Arbitrators
• Associate Mediator, Maritime Panel, Singapore Mediation Centre

Languages
• English
• Mandarin

Professional Affiliations
• Member of the Inquiry Panel constituted under the Legal Profession Act
• Committee member of the Maritime Law Association of Singapore
• The Law Society of Singapore

Mr. Colin Holloway

Global Head Technical
Cockett Marine Oil, DMCC

Guest Speakers for the October 2018 Course Presented On

S Mohan

Managing Director, Resource Law


Off-Spec Bunkers – Common Legal Issues and Pitfalls

  • Overview of contract chain permutations
  • Who’s terms apply? The battle of forms
  • Issues and pitfalls in securing representative samples
  • Issues and pitfalls in testing samples and preserving evidence
  • Practical tips on strategies in dealing with off-spec bunker claims

Thoman Olney

Consultant, FGE Singapore


Pricing Bunkers in a Low-Sulphur World

  • An overview of the fundamental drivers of pricing in 2020 (a look at gasoil vs. fuel oil and alternatives)
  • Inter-regional flows and arbitrage pricing of bunker fuels in different hubs
  • Issues in pricing a VLSFO and the different economics driving VLSFO
  • A look at ex-Wharf premiums and the additional credit risk associated withIMO2020
  • Spot vs. contract purchasing of bunker in 2020

Issues To Be Covered at the Course

Availability of IMO 2020 compliant fuel

Understanding bunker fuel analysis

Roles & responsibilities of stakeholders

Analysis parameters which are critical or beneficial

Fuel quality specifications

Interactive Role Play

Risks and challenges for different 2020 compliant bunker fuels

Comprehending off-specification claims

Preparation for low sulphur marine gas oil

Handling & avoiding off-specification claims

Vessel fuel switch over procedures

Qualifying the validity of claims

Guest Speaker on Bunker Economics

Methodologies to substantiate claims

Procedures for quality control & quality assurance

Bonus Case Study on off-specs bunkers due to chemical contamination

Common risks or errors in ordering or selling 2020 compliant fuels

Bonus Case Study on Chemical Contamination of Bunker Fuels

Course Methodology

The course will be taught with a combination of theoretical & practical case studies and class interaction. The course instructor will adopt an approach which encourages active participation, delegate engagement and contribution through sharing of their views and experiences. Case studies will provide participants with empirical examples in the working environment.

At the end of the course, participants will have a good understanding that managing 2020 fuels is less complex than expected. Participants will gain valuable knowledge and be able to develop their own simple and effective management systems.

Why You Should Attend

  • UNDERSTAND the complexities of environmental compliance challenges, the bunker industry is facing
  • LEARN ‘win-win’ tools, techniques and strategies
  • EXAMINE the level of control over a vessel by each stakeholder
  • REVIEW the specifications of various 2020 compliant bunker fuels to best match your fuel grades
  • DETERMINE the mix of components for fuel blending to maximize fuel oil stability
  • ANALYZE new ISO 8217:2017 specifications and their applications
  • EXAMINE considerations for using hybrid fuels
  • LEARN ABOUT “Distillate Rapid Testing” and its advantages
  • GAIN in-depth knowledge on how to handle and avoid off-specification claims
  • EXAMINE possible causes of chemical contamination in bunker fuels & steps to prevent or mitigate the impact of contamination

Laboratory Visit

 

A laboratory visit for all delegates will encompass firsthand experience on tests carried out and equipment used, in particular GC-MS, FT-IR and Cold Flow Filter Plugging Point Analyser. Transportation to and from the laboratory will be provided.

Who Should Attend

Directors/General Managers/Senior Managers involved in bunker activities

P&I Clubs & Hull and Machinery Insurers / Surveyors

Bunker/Marine Fuel Buyers & Sellers/Procurement Executives

Maritime Lawyers, Legal Advisers, Consultants

Bunker Brokers & Marketers/Traders/Managers/ Analysts/Suppliers/Planners/Controllers

Claims Executives, Negotiators & Senior Executives

Fuel Oil Operation / Port & Marine Fuel Managers

Technical Experts &Advisors

Bunker Sales / Marketing / Customer Service Managers

Terminal Superintendents

Low Sulphur Fuel Oil Traders

Commercial Directors and Business Development Managers of Shipping Companies

Shipowners, Operators, Charterers & Their Agents

Operation Schedulers

Port Authorities / Port Commercial Managers

Banks – Risk Assessment & Control Managers

Get in touch with us

+65 6338 0064
+65 6338 4090
bunkerfuels@ccacademy.co

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