Loss Control in Maritime Transportation of Petroleum and Chemical Cargos

The maritime industry stands at a crossroads. Over the coming decades, businesses will face a host of unprecedented challenges and opportunities driven by decarbonization, accelerating technological advancement, and continuous regulatory change. These shifts will have a direct and lasting impact on how marine companies operate. In this context, loss control and efficiency are no longer simply
desirable—they are fundamental to business resilience, profitability, and long-term sustainability. A unique opportunity to expand your knowledge about potential oil/chem cargo losses and their causes in maritime transportation. Lack of understanding of complexities in oil/chem cargo measurement, sampling, marine custody transfer procedures could mean the difference between your deal’s profit or loss. If proper checks and balances are not kept at each stage of the cargo movement, any cargo losses and resultant claims would become difficult to resolve amicably, possibly leading to expensive litigation.

This intensive training in loss control of petroleum and chemical cargoes will provide you with an in-depth understanding of the potential losses you could face during marine transportation with a focus on understanding and determining the source of these losses and steps to take in order to mitigate such losses. You will be guided through the complexities of cargo measurement and sampling techniques, cargo calculations including Vessel Experience Factor, Voyage Analysis and reconciliation, with the opportunity to hone these skills in an interactive workshop environment. This course provides participants with the knowledge and tools to identify, quantify, and mitigate
losses in marine transportation, focusing on how to enhance operational efficiency while controlling risk. By understanding the sources of loss, you will learn how to make better business decisions, protect revenue, and maximize value from every voyage.