Explore the Tanker Shipping Basics starting with an overview of the different cargo types and vessel classes. Understand the capital and operating expenditure of tankers and get to know the crew composition on board.
Introduce yourself to the Tanker Chartering world. Get an overview of vessel technical characteristics, clarify the differences between vessel ownership and management, the voyage and fixture definition as well as the Chartering department ecosystem and interactions.
Understand the Chartering department’s daily routine, including communication with Brokers and the marketing of vessels, the market and competition monitoring, the voyage options assessment and earnings estimation.
Get into the calculations for the optimal cargo selection and deep dive in voyage income, expense and duration components. Understand the drivers of cargo assessment and selection.
Dive into the pre-fixing stage, cover the offering and negotiation process including the key terms, clauses and time validity importance.
Understand the Tanker Operations ecosystem, how a vessel Operator communicates with other departments in the company as well as how they interact with external stakeholders. Have also a look at their daily routine which includes route, speed, weather and consumption monitoring, voyage information handling and voyage management system updates.
Familiarize yourself with the communications driven by the Operator during the pre-fixing stage. Dive into the key actions while the voyage is performed including matters related to cargo operations and transportation, tanks preparation, port calls, vessel certificates and much more.
Introduce yourself to the bunkering universe, getting to learn about vessel consumption, different fuels and bunkering options. Bunkers procurement is a pre-requisite for the voyage planning, optimal voyage execution and cost minimization.
Get an overview of the port operations from arrival to sail and understand the breakdown of port costs. Port call optimization has a material impact on voyage duration and expenses.