Petroleum Training


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Discounts available when booking for
more than one person per organisation

Aim of Presentation

This aims to provide an understanding of the interrelationship of duties between buyers and sellers under a FOB contract and how this impacts on nominations. The talk will also consider the effect of a specified loading window on buyers and sellers and then go on to look at how the BP GTCs deals with these issues.

Duration 75 Mins via

Topics Covered

  • Duties of buyers/sellers
  • Effect of seller’s failure to load in laycan
  • Substitute nominations
  • BP GTCs

Your Speaker

David Clark

Director - Pequod Associates


+44 (0) 207 953 7988

David qualified as a solicitor in the 1990s. As a result of having previously worked as in-house counsel for one of the largest independent oil traders, he now specializes in petroleum shipping & trading claims. He also handles cargo recovery claims involving both petroleum & other commodities, as well as port and terminal disputes.
Besides acting for the cargo insurance market, his clients include refiners, oil traders & oil majors whom he assists with their sale contract & charter party disputes (principally demurrage & additional freight claims). He also provides guidance on the drafting of tanker charter party additional terms.
David is a regular speaker on matters such as laytime & demurrage, interim port & STS clauses, petroleum loss & sale contract terms.

Register Interest

The seminars take place on Webex and include additional time for Q&A’s throughout.

As there are a limited number of spaces available per session early booking is advisable.

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