Marine and Offshore > Commissioning Service Operation Vessels (CSOV) and Wind Farm Installation Vessels (WIV) Charterparty Management

About this Training Course

The quest for clean energy leading to deployment of wind farms and solar fields offshore has been increasing at much faster pace than anticipated. Going forward to 2050, renewable energy will be the primary source of new electricity generation as projected by EIA’s International Energy Outlook. This translates in the launch of ambitious construction projects of wind farms in offshore and harsh environments. China, India, and the US being the major consumers are also the nations with major expansion for installation of windmills.

The construction of such sites requires the continuous use of customised support vessels like CSOVs and WIVs, besides Jack-up Rigs. The traditional Offshore Support Vessels (OSVs) like PSVs, AHTS and MPSVs are not designed for Windfarms and Solar Energy Fields. The need for customised CSOVs, ASVs and WIVs is increasing, and demand is evidenced by the number of such vessels on order with deliveries expected from 2023 onwards.

Therefore, the Charterparty Agreement cannot be the same as SUPPLYTIME, TOWCON, TOWHIRE or other traditional Charterparty Forms. This 3 full-day course is developed to prepare commercial and operation personnel of both Owners and Charterers, to ensure contentions free and smooth chartering management for profitable operations.

Upon completion of this course and workshop exercises, the participants are expected to have learnt and enhance their competency in one or more of the following aspects:

  • Develop most appropriate type of Charterparty Form for CSOV and WIV in a given context.
  • Enhanced knowledge and expertise in application of latest IMO Regulations.
  • Gain knowledge of available solutions for developing an environmentally friendly Energy Sector.
  • Sharpened skills in editing and amending Standard Forms published by BIMCO, in context of a specific windfarm project.
  • Learned strategic approach for managing risks, disputes, conflicts and unexpected situations like wars, sanctions and drafting of Force Majeure Events Clause.

The course is intended for:

Owners, Charterers and Windfarm Field Operations Contractors, Commercial and Marketing Directors, Corporate Legal Counsels, Practicing Maritime Lawyers interested in CSOV Sectors, Fleet Managers and Superintendents, Operations Managers, Masters, Investment Analysts and Renewables Credit Risk Managers of Financial Institutions, including Managers from Energy Companies and Organizations engaged in Offshore Renewable Energy Projects.

It is anticipated that the participants would have some basic understanding of Charterparty Forms for Offshore Sector

  • Intermediate

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