LNG Shipping Economics & Freight Cost Calculations

Gas Cargoes specially LNG are considered the cleanest fossil fuel therefore it is a very promising commodity for future worldwide trade. The LNG agreements are very vital to secure all legal and commercial aspects, these shall cover all elements that ensures a swift deals by including the commercial, technical, regulatory and transportation industrial practices.

In order to optimise the overall trading margin in the value chain, the LNG Shipping industry is relied upon as a key element to manage the Supply and Demand sustainably and profitably.

This training course will empower the attendees with the most modern practices in handling of LNG short / long term contracts through gaining the knowledge of the pricing and agreement negotiation techniques by understanding the principles of technical and market fundamentals and discussing the LNG and Shipping future trends and challenges.

The PetroKnowledge LNG Shipping Economics & Freight Cost Calculations training course will highlight:

• Overview of LNG Business
• LNG Trading Legal System and Contractual Laws
• LNG as A Commercial, Domestic Fuel Source for Industry
• LNG Flow Measurement, Custody Transfer & FSRU Operation
• Methodology to Estimate Medium-Term LNG Freight Rates

This training course on LNG Terminals Operations covers the Advanced Technical of operations, practical and commercial considerations.

By the end of this LNG Shipping Economics & Freight Cost Calculations training course, participants will be familiar on the following:

• Determine the LNG Shipping Industry Value Chain.
• Understand LNG Terminal Types, Facility and infrastructure
• Identify LNG Applicable Rules, Regulations, Codes and Standards
• Recognise Key Components of the LNG Chain
• Revise LNG Contracts: Fundamental’s elements
• Demonstrate Elements in a Purchase and Sale Agreement
• Practice Negotiation to resolve oil and gas disputes
• Discuss International LNG Shipping Documentations
• Differentiate LNG Supply and Demand Balance
• Identify Global LNG Shipping Considerations
• Value LNG and Domestic Gas Value Chains
• Express Spot and Short-Term Markets
• Understand Custody Transfer Requirements
• Propose FSRU- The vital component in LNG
• Measure FSRU CAPEX, OPEX and Chartering
• Differentiate Between the demand for LNG transport & the supply of LNG transport
• Demonstrate Geographic Distribute LNG molecule supply and demand
• Assess Average freight rates by propulsion technologies
• Discuss Example for the Calculation of the shipping price (Freight Rates)
• Recognise LNG as a fuel and ship design configurations
• State LNG trading route development Asia Pacific regions

• LNG Commercial Managers
• LNG Vessel negotiators
• LNG Project Managers or Engineers
• LNG Commercial Managers
• Maritime Legal Counsels or Advisors
• Vessel Operation Managers
• LNG Business Risk Managers
• LNG Business Development Managers
• LNG Contract Managers
• LNG Sourcing / Purchasing Managers
• Corporate Strategy Managers
• Energy Regulators & Investor Relations
• LNG FSU Owners, Managers, Operators
• LNG suppliers, traders and distributors
• Offshore Vessel and FPSO Owners and Operators

A highly interactive combination of lectures and discussion sessions as well as case studies will be managed to maximise the amount and quality of information, knowledge, and experience transfer. This training course will be intensive but practical and highly interactive. There will also be some indoor experiential activities to enhance learning. Course material through PowerPoint equipped with necessary animation, learning videos, and general discussions will be provided.

The organisation will benefit:

• LNG Technical, Operational, Shipping, Commercial, Project and Governance
• The LNG Value Chain benefit in developing a wider and deeper LNG Shipping Business
• Managing & optimising the overall LNG trading margins
• Gaining the required background to be able to set sharper targets, suitable performance indicators, and governance and performance assessment guidelines

By attending this LNG Shipping Economics & Freight Cost Calculations training course, delegates will:

• Gain the professional knowledge in managing LNG Trading Legal System and Contractual Laws
• Recognise of required standards and benchmarks and ensuring that one’s organisation adheres to these standards
• Enhance foresight and perspective to predict risks and set systems
• Ensure progress in your career
• Gain skills and increasing capabilities to undertake opportunities for higher roles and responsibilities