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.
Bunkers: An Introduction to Managing Commercial Risk offers the reader far more than a simple explanation of price risk management and the hedging tools and methods available today. It also provides a wide-ranging examination of the many forms of commercial risk that affect bunker suppliers and traders, just as much as they affect ship operators and charterers, including credit, counterparty, political, currency, insurance and even business continuity risk.
An Introduction to Marine Lubricants has been written by industry expert Nigel Draffin to shed light on marine lubricants and greases, a sector of the maritime industry that may be well understood by petroleum engineers and other specialists but for many remains highly complex and poorly-understood.
This book is intended to provide a guide and reference for those who, whilst not specialists in the technical aspects of marine fuels, need to understand the terminology and the reporting used in fuel analysis as part of their work.