An Introduction to Bunker Credit Risk is an essential tool for all those responsible for making credit decisions and assessing counterparty risk when buying or selling marine fuels.
This guide will help crew members understand the relationship between shipping and the environment, and the importance for everyone involved in shipping to respect the environment in their daily operations.
The Shipmaster’s Bunkering Manual is a unique result of cooperation between BIMCO and IBIA to create insight and practical understanding of bunkering across the shipping sectors. The purpose of this manual is to create a common understanding of best practices when bunkering so as to facilitate smoother bunker deliveries and safe handling around the world.
These guidelines provide recommendations for the responsibilities, procedures and equipment required for LNG bunkering operations and sets harmonised minimum baseline recommendations for bunkering risk assessment, equipment and operations.
Quantity and quality issues regarding the supply of marine fuels can lead to potentially complex, costly and lengthy claims and legal disputes. This guide provides helpful advice on how these claims and disputes can be avoided. Just as importantly, it also provides guidance on how to have the best chance of success when pursuing or defending a claim.
Reviews the major categories of claims and analyses the bunker contract, terms and conditions and respective counterparty positions. He then guides the reader through the key steps in managing a claim, from evidence-gathering, to mitigation, through to resolution. He also gives practical advice for fuel buyers and sellers in the event that a claim goes wrong.