Upon the completion of this course, participants will have gained a sound understanding of the economic and commercial aspects of LNG Shipping with particular focus on voyage economics, freight costs, chartering, and the relevant agreements within the LNG value chain.

Participants will be able to:

• Understand how the LNG Shipping Industry operates within the LNG Value Chain, bound by the relevant Contracts and Agreements
• Learn the basic economic parameters relevant to LNG Shipping (capital costs, financing, operating costs, profitability, chartering)
• Appreciate the crucial role of LNG Shipping in terms of the availability and costs within the LNG Value Chain from different viewpoints (producer/seller, charterer, ship owner, terminal, buyer etc)
• Develop quantitative skills to work out the (unit) Freight Costs
• Explore shipping options to maximise profitability in a given situation in the LNG Value Chain
• Discuss tools and best practices on how to manage, steer and govern these activities

This course is pitched at an intermediate level. Technical, Operational, Shipping, Commercial, Project and Governance professionals already active in a specific section of the LNG Value Chain will directly benefit in developing a wider and deeper perspective on how the LNG Shipping Business operates and can be managed to optimise the overall LNG margins in the value chain.

Managers (Shipping, Technical, Financial, Legal and Governance) less familiar with the specifics of the LNG Shipping Industry will also benefit from this course, as they will get the required background to be able to set sharper targets, suitable performance indicators, and governance and performance assessment guidelines for units engaged in the chain.

• National and International Oil & Gas / Energy Companies
• LNG Importers/Exporters/Traders / Shippers
• Government & Port and other Regulatory Agencies
• Finance Institutions

And in particular for:

• Shipping/Cargo Operators
• Trading professionals
• Fleet Managers
• Planners & Schedulers
• Business Development Managers
• Shipping Finance Advisors
• Joint Venture Representatives

• Intermediate

Your expert course leader is an Oil & Gas/LNG professional with more than 35 years of international experience, majority of which was gained at Shell International Joint Ventures engaged in Oil Refining, Supply / Trading, Gas Supply and LNG Businesses in the Netherlands, France, Thailand, Dominican Republic and Nigeria.

Since 2004, he has had several roles in the management of the LNG Value Chain including the Commercial Operational Management of Nigeria LNG (NLNG). He played an active role in the start-up and integration of LNG trains 4, 5 and 6 with NLNG becoming the 3rd largest LNG producer in the world in 2007. Commercial operations spanned 4 Gas Supply, 11 LNG Sales & Purchase Agreements, ad-hoc LPG and Condensate Sales and LNG Ship Chartering contracts. Under his supervision, more than 2,000 LNG cargoes were exported. He was part of the organizational transformation of the company from a Project-based set-up to a Production / Commercial based structure and implemented an “Integrated Planning and Scheduling Department”” in which he optimized the value chain (Buy-Gas – Liquify Gas to LNG – Sell – Ship LNG). Staff competence management was one of his focus areas during this period. He was also the NLNG representative on JV Technical, Commercial, Shipping Committees where he interfaced with Government & Regulatory authorities.

In 2014, he was appointed as Shell Shareholder representative to NLNG and became a Non-Executive Board member to NLNG companies, including Bonny Gas Transport (BGT) managing 24 LNG Ships. During this period, he was involved in the Economic and Technical steering of the Shipping Fleet and Liquefaction Plant Rejuvenation projects and a further capacity expansion of liquefaction plant which resulted in the achievement of NLNG train 7 project FID in 2019.

Since 2016, he has been active as an independent consultant. He co-authored 2 patents and more than 30 published papers/presentations. He holds a PhD from Delft University of Technology in the Netherlands and a MSc and BSc in Chemical Engineering from the University of Birmingham, UK.

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