Charterparty Management For Liquefied Petroleum Gas (LPG) Tankers

Upon completion of this course and hands-on workshops which are based on real life cases, the delegates would have enhanced their knowledge base and be able to:

• Gain familiarity with and benefits of using latest LPG Specific Charterparty Forms.
• Restructure the Charter party agreements with alternative clauses to avoid pitfalls and surprises during execution in a turbulent economic environment.
• Evaluate impact of uncertainties, banking restrictions, currency controls, embargoes and identify undefined parameters with cost considerations.
• Appraise potential risks in Bill of Ladings and develop risk mitigation strategies.
• Enhanced consciousness about the rider clauses and commercial impact of each such addition.
• Ability to deal with breakdowns, contaminations, and delays in an appropriate and timely manner, with an objective of avoiding loss of time and deviations, from the desired monetary projections.
• Manage contentious situations through alternative dispute resolution channels and litigation effectively.

Unique Features of this Enhanced Course Curriculum:

Some of the key topics addressed in this intensive workshop are:

• Clause-by-Clause Analysis of ASBGASVOY and GASTIME Charterparty Form with SHELLTIME, BPVOY, ASBATANKVOY, BPTIME in context.
• Contemporary Risks Identification, Evaluation and Mitigation Strategies.
  1. Criteria for computation and allocation of idle time
  2. Inexplicit measurement criteria for Lay time and Demurrage Claims
  3. Implication of SIRE and Obligations of the Owners
• Invoking Termination Clause for a Cause and/ or Convenience vs Continuation
  1. Can the delays in damage repairs be considered as a breach?
  2. Apparent or real risks of piracy, social unrest, or rhetoric of wars
  3. Sanctions and Restructuring of the current Charterparty
• Tank Cleaning Costs and Risk of Contaminants
  1. How much time and cost can a Charterer pay for tank cleaning and disposal of toxic slops, cooling of tanks and ROB?
  2. Liabilities of Charterers for debris / damage caused by a cargo
  3. Liability of Terminal Operators and service providers in causing contaminations
• Performance Obligations of the Parties as per the Charterparty Agreement
  1. Charterer’s Obligations, Bunkers, and Boil-off Gas Limits
  2. Owner’s Obligations and Liabilities, ROB, Limits of Cargo Loss
  3. ASBAGASBILL, Electronic Bills of Lading and Responsibility Assignment Matrix

This is a “must attend” course for:

LPG Gas traders, LPG Tanker Owners, Charterers, Brokers, Terminal Operators and Senior Executives holding key management position as Director, General Manager, Commercial Manager, Business Development Manager, Legal Counsel, Post-Fixtures Manager, Fleet Manager, Marine & Technical Superintendent, and Middle Level Manager marked for succession planning.

• Advanced

Principal Management Consultant

Chartered Valuer and Appraiser (CVA)

FACICA | FAMTAC | FAIADR | M.S.I.D | Member, AIEN

LL.M. (IP Law), M. Sc. (Maritime Studies),

M. Tech (Knowledge Engineering), MBA,

First Class CoC (MCA, UK), B. E. (Elect)

Your expert course leader, during the last 47 year period, has worked and consulted in the industry verticals encompassing: Technology, Oil & Gas Exploration & Production, Petrochemical Process Plants and Power Plant Construction Projects, Logistics & Warehousing, Marine, Offshore, Oil & Gas Pipelines, Infrastructure Development Projects (Ports, Offshore Supply Bases, Oil & Gas Terminals and Airports etc), EPCIC Contracts, and Shipyards, in South East Asia, Africa, Middle East, Americas and Europe.

He serves as the Principal Management Consultant with a management consultancy in Hong Kong and Singapore, specialising in the fields of corporate management consultancy, international contracts reviews and alternative dispute resolutions services. He undertakes special assignments for conducting audits and valuation of intangible properties involving proprietary processes for licensed production, and licensing of intellectual property rights (IP Rights) in patents, trademarks, and industrial designs. He is frequently engaged for assignments like due diligence, acquisitions, mergers, resolving various operational issues, technology transfer and agency services contracts reviews, cost controls, and enhancement of Supply Chain Management. He has been conferred the credentials of Chartered Valuer & Appraiser (CVA) by SAC and IVAS, in accordance with the international valuation standards setting body IVSC.

His consulting experience includes Charterparty Management, Business Process Re-engineering, Diversifications, Corporate Development, Marketing, Complex Project Management, Feasibility Studies, Dispute Resolutions and Market Research.

He has successfully assisted Marine and offshore E & P clients in managing contractual disputes arising from various international contracts for upgrading & conversion projects. He continues to be actively engaged in claims reviews, mediation, arbitration, litigation, and expert witness related assignments, arising from international contracts and Charterparty Agreements.

He graduated with a Bachelor’s degree in Electrical Engineering, MBA in General Management, Master of Technology in Knowledge Engineering, Master of Science in Maritime Studies, and LL.M. (IP Law). He also holds professional qualifications in Business Valuations and Appraisers for CVA, arbitration, law, and marine engineering, including the Chief Engineer’s First-Class Certificate of Competency (MCA, UK).

He is further qualified and accredited as Certified International Arbitrator, Chartered Arbitrator, Sports arbitrator under CAS Rules, WIPO Neutral, Australian Communications and Media Authority (ACMA) Bargaining Code Arbitrator, Accredited Adjudicator and Accredited Mediator (Malaysia). He is admitted to the international panels of arbitrators and neutrals with WIPO, Geneva; ACICA, AMTAC and ACMA, Australia; BVIAC (British Virgin Islands); JIAC (Jamaica); HKIAC Hong Kong; AIAC, Malaysia; AIADR, Malaysia; KCAB, Seoul, South Korea; ICA, Delhi, India; ICC (Singapore); SISV, Singapore; SCMA, Singapore; SCCA, Saudi Arabia; VIAC Vienna, Austria; Thailand Arbitration Centre (THAC), and Mediator with AIAC Malaysia, CMC, and SIMI Singapore.

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