| Code | Date | Format | Currency | Team of 10 Per Person* |
Team of 7 Per Person* |
Early Bird Fee Per Person |
Normal Fee Per Person |
|---|---|---|---|---|---|---|---|
| PD927 | 27 - 29 Apr 2026 | Yogyakarta, Indonesia | SGD | 2,579 | 2,699 | 2,799 | 2,999 |
| PD927 | 27 - 29 Apr 2026 | Yogyakarta, Indonesia | USD | 2,063 | 2,159 | 2,199 | 2,399 |
*Fee per person in a team of 7 or 10 participating from the same organisation, registering 6 weeks before the course dateRequest for a quote if you have different team sizes, content customisation, alternative dates or course timing requirements Request for in-person classroom training or online (VILT) training format
Learn in teams and save more! Enjoy group discounts of up to 50% off normal fees for team based learning. Contact us on [email protected] to learn more today!
Code
PD927Date
27 - 29 Apr 2026Format
Yogyakarta, IndonesiaCurrency
SGDTeam of 10
Per Person*
2,579
Team of 7
Per Person*
2,699
Early Bird Fee
Per Person
2,799
Normal Fee
Per Person
2,999
Code
PD927Date
27 - 29 Apr 2026Format
Yogyakarta, IndonesiaCurrency
USDTeam of 10
Per Person*
2,063
Team of 7
Per Person*
2,159
Early Bird Fee
Per Person
2,199
Normal Fee
Per Person
2,399
*Fee per person in a team of 7 or 10 participating from the same organisation, registering 6 weeks before the course dateRequest for a quote if you have different team sizes, content customisation, alternative dates or course timing requirements Request for in-person classroom training or online (VILT) training format
About this Training Course
The transportation of LNG by ships has been traditionally linked to Gas Sales Agreement from producers to buyer over a horizon of 20 to 25 years. The trend has changed and is evolving over the last 10 years. Despite the falling oil prices, production of NG has been increasing. The demand for LNG has also been growing at a much faster pace in both undeveloped and developed economies of Asia. There is a steady increase in number LNG Tankers trading in M-E to Asian routes. The futuristic trend would be on use of LNG as a fuel for ships to replace low Sulphur bunkers. This requires bunkering hubs for LNG and increasing need for transportation from producing countries to bunkering hubs. It is becoming essential to adopt LNG specific Charter Party Agreements to avoid the ambiguity of dormant clauses when using Charter Party Forms for petroleum tankers.
This course and workshop is exclusively developed “by and for” the professionals, engaged in niche segments of Gas Tankers (Ship Owners, Charterers, LNG Traders, Terminal and Ship Operators) for LNG cargoes. Whether Gas sales rates are high or low, LNG tankers have to recover daily running costs of a vessel, but to manage risks of contemporary trends, the terms of engagement or the Charterparty must be reviewed strategically. One has to ensure that all risks are well apportioned and appropriately mitigated. The increasing use and number of Floating LNG Storage Vessels in South Asian countries, poses new and unknown risks for Gas tankers.
In this 3-day workshop, the participants will be able to acquire expertise from real life experiences enabling them to deal better with the contemporary challenges facing Gas Export, Import and transportation by Gas Tankers. Some of the key challenges addressed in this intensive workshop are:
- Making a Choice of the Charterparty Form (SHELLTIME4, BPVOY, ASBATANKVOY, GASVOY, GASTIME, BPTIME, GIIGNL LNGVOY) in context of type of Cargo, Vessel Type, terminals and duration
- Comprehensive Risks Identification, Evaluation and Mitigation Strategies:
- Computation and allocation of idle time
- Explicit measurement criteria for Lay time and Demurrage Claims
- Implication of SIRE and Obligations of the Owners
- Termination of Time Charters for Cause and for Convenience
- Can the delays in damage repairs be considered as a breach?
- Fall in Market Prices and Restructuring of the existing Time Charterparty
- Tank Inspection, Cleaning, Conditioning and Risk of Contaminants
- How much time and cost can a Charterer pay for tank cleaning and disposal of reserves
- Liabilities of Charterers for cargo tank debris / damage
- Liability of Terminal Operators and service providers in causing contaminations
- Performance Obligations of the Parties as per the Charterparty Agreement
- Charterer’s Obligations, Bunkers and Boil-off Gas Usage Limits
- Owner’s Obligations and Liabilities, ROB, Limits of Boil-off and Cargo Loss
- Bills of Lading and Responsibility Assignment Matrix
This course is developed to meet the need of the hour by the Gas Tankers and Terminals operators’ fraternity, encompassing the following underlying objectives:
- Enhance the interpretation and applicability of clauses in a Charterparty in context of the available commercial proposition, market forces and economics of demand and supply
- Evaluate types of Charterparty Forms for Voyage and Time Charter and comprehend the key features of each Form in context of use for LNG
- Interpret terms and conditions of a Charterparty in context of international maritime conventions, competition and economic factors
- Evaluate current and future trends in Gas transportation and the influence of regulatory regimes and strategies of Oil & Gas Majors, Spot Traders and Storage Terminals
- Recognize the avenues of collaboration, contentions, conflicts and manage disputes to avoid losses
- Manage operations towards ensuring delivery of performance obligations under the Charterparty
- Create a Charterparty Management System (CMS) in the company to ensure profitability for each voyage and term
This is a “must attend” course for: LNG Gas Traders, Tanker Owners, Charterers, and respective key management personnel like General Manager, Commercial Manager, Business Development Manager, Legal Counsel, Post-Fixtures Manager, Fleet Manager, Marine & Technical Superintendent, Senior Engineer or Middle Level Manager as part of succession planning.
- Advanced
The course combines expert-led lectures with clause-by-clause analysis of Charterparty forms, interactive group discussions, and real-world case studies on LNG tanker operations. Participants engage in scenario-based workshops to practice risk assessment, contract restructuring, and dispute resolution strategies, ensuring practical application of concepts to contemporary industry challenges.
Your expert course instructor 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 firm 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.
Unlock the potential of your workforce with customized in-house training programs designed specifically for the energy sector. Our tailored, in-house courses not only enhance employee skills and engagement but also offer significant cost savings by eliminating travel expenses. Invest in your team’s success and achieve specific outcomes aligned with your organization’s goals through our expert training solutions. Request for further information regarding our on-site or in-house training opportunities.
In our ongoing commitment to sustainability and environmental responsibility, we will no longer providing hard copy training materials. Instead, all training content and resources will be delivered in digital format. Inspired by the oil and energy industry’s best practices, we are leveraging on digital technologies to reduce waste, lower our carbon emissions, ensuring our training content is always up-to-date and accessible. Click here to learn more.
To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information post training support and fees applicable
An LNG charterparty is the contract that governs the commercial use of an LNG carrier, defining how the vessel handles temperature-controlled cargo, boil-off gas (BOG), cooldown steps, and terminal requirements. Unlike oil-tanker contracts, LNG charterparties include specialized clauses for tank readiness, reliquefaction systems, cargo custody transfer, and strict loading windows. These details ensure safe and predictable LNG transportation.
The main LNG charterparty forms are GASVOY, GASTIME, and LNG-adapted versions of SHELLTIME4, BPTIME, and ASBATIME. These forms include LNG-specific clauses covering BOG limits, cooling procedures, tank warranties, and terminal protocols. Because LNG vessels differ by containment system and equipment, many operators add riders that align the form with vessel capability and GSA delivery requirements.
A BOG clause sets acceptable vaporization rates and explains how BOG may be used for propulsion, reliquefaction, or return to the cargo system. These clauses matter because BOG directly affects cargo quantity, fuel economics, and tank pressure control. Clear BOG rules reduce disputes linked to excess vaporization, delivery shortfalls, and GSA-related penalties.
Laytime for LNG vessels begins only when the ship meets LNG-specific readiness conditions such as cooldown, heel levels, and cargo-line temperature. Because terminals operate on fixed loading slots, any delay can lead to demurrage. Therefore, charterparties define how to measure waiting time, inspection periods, and cooldown-related steps to prevent disagreements during loading or discharge.
LNG charterparties must manage risks such as cargo contamination, tank damage, cooldown issues, BOG-system failures, and terminal incompatibility. Market risks—including volatile spot prices and tight delivery windows under GSAs—add further pressure. Clear risk allocation helps both parties minimize delays and protect voyage economics.
A Gas Sales Agreement (GSA) sets delivery windows, quality requirements, and cargo-loss limits that directly shape the vessel’s operational obligations. When GSA terms link to a charterparty, the vessel must meet stricter scheduling and BOG-management standards. Aligning CPA and GSA provisions ensures realistic voyage planning and reduces the risk of penalties or delivery disputes.
Learn what past participants have said about EnergyEdge training courses
EnergyEdge is really a great platform to continue professional development in maritime and shipping.
Chartering and Operation, Atro International FZE, UAE
The best part is that I can now check my own CPAs and make quick revisions whenever needed.
Chartering and Operation Manager, Iino Singapore Pte. Ltd
Trainer's experience gave valuable insight on real-life situations that are useful and very relevant to our work scope.
Manager, Contract Management, MISC Berhad
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