Course 12 of 20 · LNG Desk Academy

Shipping Decisions for Cargo Traders

Stage D, Assets, shipping and cargo redirection. Level 6 of 10.

Applying voyage and vessel economics outputs, meaning freight rate, boil-off, speed and laycan fit, to cargo-level commercial choices. It consumes outputs from the existing LNG Shipping Economics programme, which owns vessel and voyage method, and does not reteach that method.

122 chapters · 12 modules · every chapter one 8 to 10 minute explainer · builds on: Course 04, Course 06, Course 07

Enrol or enquire See the 122 chapters
How a chapter is sized

One chapter is one idea taken to the point of use

Each chapter is a single self-contained explainer of 8 to 10 narrated minutes, covering one idea to the point where you can use it.

Chapters run in order. Each one assumes only what the chapters before it taught, and capability belonging to a later course is named and deferred rather than half-covered.

Curriculum

12 modules · 122 chapters

Open any module for its full chapter list, in teaching order.

M0 What a Cargo Trader Buys When He Buys Shipping Ch 1-9
  1. Shipping as a Purchase, Not an Operation
  2. What the Shipping Side Hands You and What It Keeps
  3. The Four Numbers That Change a Cargo Answer
  4. Carriage Is One Line; the Others Are Easy to Forget
  5. What Tonnage Control Actually Buys the Trader
  6. The Moment a Routing Question Becomes a Margin Question
  7. Reading a Voyage Answer You Did Not Compute
  8. The Vocabulary You Need and the Method You Do Not
  9. The Decisions This Programme Teaches You to Take
M1 Reading a Carriage Quotation as a Cargo Input Ch 10-19
  1. Anatomy of an LNG Carriage Quotation
  2. Day Rate, Lumpsum and Dollars per MMBtu
  3. Spreading a Daily Hire Figure Onto the Cargo
  4. Which Costs Sit Inside the Quote and Which Sit Outside
  5. Firm, Indicative and Subject: How Much a Quote Binds
  6. The Validity Clock on a Carriage Number
  7. Fuel and the Part of the Quote That Moves
  8. Quoting Against a Destination You Have Not Fixed
  9. Comparing Two Offers That Are Not Comparable
  10. Turning a Quotation Into a Delivered Cost Line
M2 Evaporation Losses and the Delivered Quantity Ch 20-30
  1. Boil-Off as a Quantity Loss, Not a Technical Curiosity
  2. What the Rate You Are Given Actually Covers
  3. Loaded Energy Against Discharged Energy on One Passage
  4. Pricing the Gas That Never Arrives
  5. Burned for Propulsion or Returned to the Tank
  6. Long Hauls, Short Hauls and the Shrinkage Difference
  7. Shrinkage Inside the Contractual Quantity Tolerance
  8. Who Carries the Loss, and What That Is Worth
  9. Waiting Time and the Cost of Sitting Loaded
  10. Heel Retention and the Quantity You Cannot Sell
  11. Shrinkage in a Netback: A Worked Cargo
M3 Chilling, Gassing Up and the Cost Events Between Cargoes Ch 31-40
  1. The Vessel Condition Your Next Cargo Requires
  2. Cooling Down as a Priced Commercial Event
  3. Where the Chilling Volume Comes From and Who Pays
  4. Gassing Up After a Dry Dock or a Warm Passage
  5. Inerting and the Trade a Warm Ship Cannot Do
  6. Sequencing Liftings to Avoid a Warm-Up
  7. The Cost of Breaking a Cold Chain
  8. Heel Sizing as a Commercial Choice
  9. Buying a Chilling Service From a Terminal
  10. Two Cargo Sequences Costed Against Each Other
M4 Speed as a Commercial Lever Ch 41-50
  1. Speed as Something You Choose, Not Something You Observe
  2. What Changes When You Order a Slower Passage
  3. Slow Steaming When the Curve Pays You to Wait
  4. Paying to Hurry and Hold a Delivery Date
  5. The Three Quantities Speed Moves at Once
  6. Speed Instructions and the Arrangement You Hold
  7. Arriving Early With Nowhere to Discharge
  8. Speed Against a Volatile Destination Price
  9. The Speed Decision When Tonnage Is Scarce
  10. Choosing a Passage Speed: A Worked Comparison
M5 Laycan Fit and the Price of a Missed Window Ch 51-61
  1. Laycan as a Commercial Constraint on a Cargo
  2. Matching a Vessel Position to a Loading Window
  3. The Window You Were Given and the Window You Need
  4. Narrowing Dates and What It Costs to Keep Options
  5. What Happens Commercially When You Miss a Laycan
  6. The Cancelling Right Seen From the Buyer's Side
  7. Substituting Tonnage to Save a Window
  8. Buying a Few Extra Days
  9. Congestion at One End and the Window at the Other
  10. Stacking Two Windows Against One Vessel
  11. A Missed Window Costed in Full
M6 Period Charter, Single Voyage or the Seller's Ship Ch 62-72
  1. Three Ways to Move This Cargo
  2. Taking a Ship for a Single Voyage
  3. Taking a Ship for a Period
  4. Buying Delivered and Owning No Ship
  5. The Break-Even Between Period and Single Voyage
  6. How Much Programme Justifies a Period Commitment
  7. The Option Value Hidden in Controlled Days
  8. Committing to Tonnage Before You Have the Cargoes
  9. What Taking a Ship Does to Credit and Guarantees
  10. Rising Market, Falling Market and the Structure You Pick
  11. Choosing a Structure for a Named Programme
M7 Positioning, the Ballast Leg and the Gap Between Cargoes Ch 73-82
  1. Where Your Ship Is Decides Which Cargoes You Can Buy
  2. The Ballast Leg as a Commercial Cost
  3. Positioning Toward a Cargo You Have Not Bought
  4. Repositioning Between Basins and the Spread That Pays for It
  5. Waiting in Place Against Sailing Empty
  6. The Cost of Being on the Wrong Side of the World
  7. Two Liftings and a Tight Turn
  8. Unemployed Days Between Cargoes
  9. Positioning Against a Tender You May Not Win
  10. A Positioning Plan for Three Cargoes
M8 Surplus Vessel Time and the Relet Decision Ch 83-91
  1. Surplus Vessel Time as an Asset to Sell
  2. Deciding Whether to Relet or Hold
  3. What a Relet Gives Up
  4. Pricing Your Own Spare Tonnage
  5. A Partial Relet and the Single Voyage Out
  6. Subletting Into a Market Weaker Than You Paid
  7. Holding Spare Days as Insurance
  8. Floating Storage as an Employment Choice
  9. Relet or Keep: A Worked Decision
M9 Routing and the Canal Choice Ch 92-101
  1. Routing as a Choice With a Price Tag
  2. The Canal Transit Priced Against the Long Way Round
  3. Booking a Transit Slot and What a Refusal Costs
  4. Transit Queues and the Days You Cannot Plan
  5. Chokepoint Risk Inside a Cargo Decision
  6. Restricted Waters and the Premium on a Route
  7. Routing and the Cover You Must Carry
  8. Seasonal Routes and the Window They Open
  9. A Route Lost After the Cargo Was Priced
  10. Two Routings Compared for One Delivery
M10 Vessel and Terminal Compatibility as a Cargo Constraint Ch 102-111
  1. Compatibility as the First Filter on a Cargo
  2. Size, Draught and the Berth That Must Take Her
  3. Connection Fit at Both Ends
  4. Approved Vessel Lists and the Cargo You Cannot Do
  5. Containment Design and the Facilities That Care
  6. Compatibility Checks Before You Bid
  7. Getting a Vessel Accepted in Time
  8. One Incompatible End and a Dead Netback
  9. Compatibility and the Second-Best Ship
  10. Building a Compatibility Matrix for a Trading Programme
M11 The Tonnage Position and Three Worked Choices Ch 112-122
  1. The Tonnage Position as a Commercial Statement
  2. What Holding a Ship Lets You Do That Buying Carriage Does Not
  3. Flexibility Priced as a Standing Cost
  4. Sizing a Tonnage Position Against a Cargo Book
  5. The Shipping Inputs a Diversion Decision Needs
  6. Three Employment Options for One Vessel: Setting Up the Choice
  7. Three Employment Options: Costing Each One
  8. Three Employment Options: Taking the Decision
  9. Defending a Shipping Choice to the People Who Pay
  10. What These Shipping Numbers Cannot Tell You
  11. Where Your Shipping Work Is Picked Up Next

The brochure gives each of these 122 chapters a paragraph on what it covers and what you can do once you have worked through it.

This is course 12 of twenty

It stands alone, and it is also the entry point to the LNG Desk Academy pathway.

Enrol or enquire See the whole pathway