CITAC is running, in partnership with Riverlake Shipping SA, its International Petroleum Shipping and Freight Market Course in Accra, Ghana, from 23^rd to 27^th January 2012. This course is designed to give an insight into the international shipping market and explores the important issues involved, from vessel selection, freight costs, chartering strategy and documentation. This course is designed for those involved in transportation of oil products and the downstream oil market activities.

The 5 day Course will cover:

• Key issues facing players in today's energy shipping markets
• Use of Worldscale, freight calculations, voyage estimates, and time charter conversions
• Dynamics of tanker chartering, sale and purchase markets; how to analyse trends and assess investment risk, as well as finance tankers
• How to use and interpret the Freight Futures Market
• Characteristics and driving forces that determine developments in the specialist gas and chemicals carrier markets
• Factors determining oil company transportation coverage strategies and tanker owners' chartering policies
• Key insights into how technical factors and the increasingly stringent rules governing vessel operations, safety and pollution prevention impact commercial decisions
• Essential elements of a voyage charter party and the differences in owners' and charters' obligations under different forms of charter
• Process of tanker chartering and the role of the broker
• How Operations impact on commercial success
• Important insights into the commercial and technical management of a tanker fleet

The course is conducted in English.

For further information and registration, visit our online shop or contact us, but hurry - places are limited.