Lloyd’s Maritime Institute | International Maritime Training Provider | Cargo Surveying Advanced Diploma

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Maritime Law Insurance

LNG Shipping Chartering and Claims

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Course Program
Who Should Attend
Compliance with regulations
Duration and Teaching Methods
Course Benefits
Course Content
Certification

Introduction

Designed specifically for LNG carriers, charterers, and traders, this seminar provides an in-depth examination of the commercial and legal dimensions of LNG shipping. It offers practical guidance on the effective use of LNG charter parties, equipping participants with the skills needed to negotiate contracts confidently and ensure compliance with performance obligations. The programme highlights critical pitfalls, including technical considerations related to LNG cargo handling, vessel operations, and cargo transfers, as well as trading issues that influence key contractual clauses and provisions. Participants will benefit from hands-on exercises and real-world case studies covering LNG time and trip chartering, boil-off management, bills of lading, ship-to-ship transfers, cargo quality vs. quantity disputes, and the distinctions between newbuilding and existing vessel charters. The course also addresses the differences between LNG and oil tanker chartering and provides insights into delivery obligations.

Objectives

Ensure compliance with all charter party obligations and operational requirements
Coordinate with terminals, vessels, and counterparties to manage pre- and post-deal activities
Appoint inspectors, agents, and expeditors as needed
Maintain accurate records in trading systems and oversee invoicing and payments
Resolve contractual issues swiftly to avoid delays and reduce demurrage
Advise commercial teams on contract feasibility and operational risks
Optimize voyage plans, balancing fuel, boil-off, and speed
Finalize charter accounts and manage bunkering and OPL activities
Align LNG operations with internal compliance and HSSE standards
Manage relationships with internal stakeholders and external service providers

Who Should Attend

This course is ideal for maritime professionals seeking to deepen their expertise in specific sectors of the industry. It is particularly beneficial for:

Shipowners, operators, and managers
Maritime lawyers and legal consultants
Marine engineers and technical superintendents
Port and terminal operators
Surveyors and classification society representatives
Maritime insurance professionals
Government and regulatory body personnel Lloyd's Maritime Institute

Participants will gain practical insights and skills applicable to their roles, enhancing their professional competence and career prospects.

Course Benefits

Acquire in-depth understanding of key maritime concepts and practices
Enhance decision-making and problem-solving skills in real-world contexts
Stay current with international regulations and industry trends
Expand professional network through interactions with peers and experts
Earn a recognized certificate upon successful completion, bolstering career advancement opportunities

By participating in this course, attendees will be better prepared to navigate the complexities of the maritime industry and contribute effectively to their organizations.

Course Content

The Difference Between Chartering an LNG carrier and Chartering and Oil Tanker
International Code for the Construction & Equipment of Ships Carrying Liquefied Gases in Bulk (IGC CODE )
Lng Ship Management
Lng Liability Regimes
Delivery and Quality Obligations