Anatomy of LNG Shipping & Operations

Aim: To gain a full understanding of marine transport in the LNG value chain: Chartering Contracts and Clauses, Ship/Shore Interface and Operations, how choices in Containment and Propulsion systems impact Voyage Economics and how these in turn impact Deal Economics — affecting Pricing and Trade Flows.

Who Should Attend?

The course appeals across the entire LNG value chain: resource and asset holders, importers, traders, ship owners, charterers, terminal operators, financial institutions, auditors, equipment manufacturers and service providers. Past participants have commented positively on their learning experience delivered in a dynamic and professional manner in a welcoming environment that encourages knowledge exchange. Lecturers challenge participants' understanding, probe deeply into issues of the day and pose solutions to problems faced by many in their own business environment.

Past attendees include senior executives from across the globe, spanning a broad range of responsibilities: general management, trading, ship owning and chartering, voyage and deal operations, finance and project planning.

Benefits of the Course

The course's Technology, Operations and Legislation Sessions provide an informed insight into the choices and limitations of containment systems; and how advances in propulsion technology, coupled with environmental legislation, is narrowing the parameters of asset operability and commercial viability. The Freight Economics, Pricing and Trade Flows sessions will lead to a holistic understanding of the increasingly dynamic charter market and the critical importance of understanding the legal and commercial impact of Charter Party and Supply Contract clauses as well as means to avoid or mitigate such risks.

Programme Highlights

Cargo Containment, evolution of Propulsion Systems and Technological Challenges
Terminal and Vessel Operations, Legislative Environment and drivers for CAPEX/OPEX
Voyage and Deal Economics, Asset Utilisation, Voyage and Deal Optimisation, Freight Book and Cost Allocation
LNG Pricing, Trade Flows and Commoditisation
Chartering: Trends in vessel ownership, Orderbook, Charter Party Formats and review of LNG specific terms
Cargo Contracts and Essential Documentation, Disputes and their Resolution

LNG Carrier

Course information

Dates to be announced
Venue to be confirmed

Book Now

The current fee for this residential programme is £4,500 (£3,750 plus £750 UK Value Added Tax) and covers tuition, documentation, private en-suite accommodation at Madingley Hall, all meals and a social programme. A rendezvous has been arranged at a central London hotel following which there is complimentary transport to Cambridge.

Programme

To download a sample Programme and Timetable, Click Here

Course Leader: Paul Veldhuizen

Paul Veldhuizen started his career sailing with Shell Tankers in the early 1980's. After several years, he left fleet service in order to complete an MSc in International Shipping at Plymouth University.

He re-joined Shell as Business Analyst with Shell International Marine (now part of STASCO), moved first to chartering crude and product tankers and then to LPG trading and chartering. After a number of postings with Shell overseas affiliates, Paul returned to London in 2010 and took up the role of Operations and Business Development Manager for a fleet of 15 oil and 60 LNG tankers that Shell managed in-house.

Taking retirement from Shell in July 2017 Paul has continued to develop his association with the LNG trade having led many in-person courses and virtual training sessions with Cambridge Academy of Transport. In 2018 he founded Vitrea Consulting to continue to expand his activities in the training and consulting field with specific focus on the international LNG business.