Advanced Bunker Operations, Disputes and Claims

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Information about Advanced Bunker Operations, Disputes and Claims
Business & Mgmt

Published on February 25, 2014

Author: JuneTan7

Source: slideshare.net

Description

The quality of bunker fuel and verification of delivered quantity are continuing sources of concern to shipowners, charterers, suppliers and regulatory authorities. The steady decline in the quality of residual fuel, complex blending, and use of inappropriate blend components give rise to claims arising from time lost in remedying the problem and, sometimes, for physical engine damage and its consequences. Short-delivery is another frequent cause of complaint with emotive expressions like cappuccino often being bandied around but with only limited understanding of the realities. Claims arising from these problems are often complicated and time-consuming and are a continuing distraction to shipowners, charterers, and bunker suppliers alike.
Often running hand in hand with the problems of a quality or quantity claim is the problem of non-payment where, for whatever reason, the customer fails to honour its obligation to make timely payment. The regulatory
environment is an increasingly challenging factor for all segments of the bunker industry; market participants can only ignore the authorities at their peril. In any event, it is usually the better informed and better prepared who will ultimately triumph.

This 2 day course will cover all the above issues and highlight strategies and best practice that can be used to improve the quality of performance of individuals and teams working in the bunker industry. Those attending
will benefit from an enhanced understanding of the industry from contractual principles, through supply and use, to the management and settling of bunker disputes and claims; the course will include a review of some key procedures, standards and legal principles. Delegates will
have opportunities to contribute their own experiences and raise topics for discussion and analysis throughout the workshop. There will also be case studies based on real events which will give delegates an opportunity of applying some of the advice received in a practical setting.

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