| 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
Traditionally, the maritime transportation of LNG was intrinsically linked to long-term Gas Sales Agreements (GSAs) spanning 20 to 25 years. However, this landscape has evolved significantly over the past decade. Despite fluctuations in oil prices, natural gas production continues to rise, fueled by accelerating demand across both emerging and developed Asian economies. This growth is evidenced by the steady increase in LNG tanker traffic along Middle East-to-Asia trade routes.
Looking ahead, the industry is pivoting toward the use of LNG as a primary marine fuel to replace low-sulfur bunkers. This shift necessitates the development of strategic bunkering hubs and a robust supply chain to transport LNG from producers to these locations. Consequently, there is a growing urgency to adopt LNG-specific Charter Party Agreements. Utilizing traditional petroleum tanker forms often results in “dormant” or ill-fitting clauses; specialized agreements are essential to eliminate ambiguity and address the unique requirements of gas carriage.
This training course have been exclusively developed “by and for” professionals within the niche gas tanker segment, including ship owners, charterers, traders, and terminal operators. Regardless of market volatility in gas prices, operators must consistently recover daily vessel running costs. To navigate contemporary risks, the strategic review of Charter Party terms is vital to ensure all liabilities are properly apportioned and mitigated. This is particularly critical as the rise of Floating LNG Storage (FSU/FSRU) operations in South Asia introduces novel operational risks that the industry must now address.
This course is developed to meet 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.
Principal Management Consultant
Chartered Valuer and Appraiser (CVA)
FAIADR |Senior Accredited Director, M.S.I.D. | Member, ACFE |
LL.M. (IP Laws), M. Sc. (Maritime Studies),
M. Tech (Knowledge Engineering)
MBA, First Class CoC (MCA, UK), B. E. (Elect)
Your expert course leader, for more than four decades, 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 has served as the Principal Management Consultant with management consultancy firms in Hong Kong, Malaysia, and Singapore, specializing in corporate management consultancy, international contract reviews, and alternative dispute resolution services. He undertakes special assignments to conduct audits and valuations of intangible properties, including proprietary processes for licensed production, and to license intellectual property rights (IP Rights) in patents, trademarks, and industrial designs. He is frequently engaged in assignments such as due diligence, acquisitions and mergers, resolving operational issues, technology transfer, agency services contract reviews, cost controls, and enhancing 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, the 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, an MBA in General Management, a Master of Technology in Knowledge Engineering, a Master of Science in Maritime Studies, and an 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 a 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.
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.


