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Offshore Vessels Sale & Purchase, Chartering and Financing

Singapore, Singapore
14 September - 15 September, 2017


Productivity and Innovation Credit (PIC) Grant - IRAS (Singapore-registered businesses) 
Enjoy a 40% cash payout or 400% tax reduction when you attend any of IBC Asia’s conferences/courses in Singapore! Visit www.ibc-asia.com/pic today for more information!

Course Duration: 2 Days

Key Learning Outcomes
This seminar will focus on key financial and legal concepts applicable to S&P, Chartering, Leaseback and Financing of vessels used in the offshore oil and gas industry. In particular, it will focus on Rigs, FPSOs, Support Vessels, Accommodation Units and other specialist vessels.

  • Understand key clauses in sale and purchase contracts and the commercial issues associated with them
  • Identify and compare between key S&P standard forms
  • Negotiate sale and purchase contracts successfully and examine financial clauses and legal infrastructure
  • Assess the advantages and disadvantages of vessel sales and leasebacks
  • Evaluate key considerations in offshore vessel chartering including the commercial and chartering risks associated with it
  • Apply in greater detail the standard forms and learn how to choose the right contract
  • Gain a practical understanding on key chartering provisions such as liability, indemnity, knock for knock, consequential losses, hire payment and early termination
  • Review the various vessel financing options, and apply the right solution for your business

 

Who Should Attend

  • Owners and operators of rigs, FPSOs, accommodation units, support vessels and specialist vessels
  • Charterers – Offshore Oil & Gas, Upstream
  • E&P and Subsea
  • Offshore EPC Companies
  • Offshore Brokers
  • Maritime Lawyers
  • Financing and Investment Banks
  • In-house Contract Administrators and Legal Advisers

 

Course Director
Ting Chi Yen is a partner based in Oon & Bazul LLP where he heads the Firm’s Corporate and Banking & Finance Practices. He is an expert on ship finance / transactional work, and handles matters in relation to financing, ship sale and purchase, ship building, registrations and mortgages in local and international ship registries, charterparties, carriage and freight management.

 

What Delegates Like About Our Maritime Courses

“Clearer understanding regarding issues surrounding sale/purchase of vessels”
Darrick Leow, IMC Executive, Maritme & Port Authority

“In depth learning, easy to understand, trainer well versed”
Roger Sem, Executive Director, Wah Tung Shipping

“Trainer has great expertise and know the topic very well”
Fitri, Corporate Finance, Pertamina

“Instructor is very professional”
Jerry Chen, Commercial Manager, Tidewater
“It address my doubt, better understanding of contracts”
Patrick Ang, Manager, Tender & Proposal, Vallianz Offshore

“The details of the seminar match my work”
Pichaya Penkitti, Contract Officer, PTTEP

“Informative & wide coverage of relevant topics clearly explained by the workshop leader”
Serene Wang Weiling, Manager Business Development, Vallianz Offshore

“A broader scope of coverage”
 Pan Jing Lin, Assistant Manager, Maritme & Port Authority