Freight Economics for Oil Traders

About the Course

This programme develops a working approach to freight economics for oil traders in the context of commercial energy decisions. Participants move from understanding the main concepts to examining a case, testing alternatives and explaining a practical recommendation. The three modules focus on voyage cost, freight comparisons and delivered value. Examples are selected after the training brief so that they reflect the responsibilities and experience of the participant group.

Course Objectives

• Explain the role of voyage cost and identify the information required for a reliable assessment.
• Use a structured worksheet to examine freight comparisons and compare reasonable alternatives.
• Identify assumptions, missing evidence and implementation concerns related to delivered value.
• Prepare a comparison of price, delivered cost, value and risk for discussion with a transaction team.
• Translate the exercise into a workplace action plan with owners, review points and measurable progress.

Who Can Benefit

• Oil traders and freight analysts: apply voyage cost to their responsibilities through a guided case and a course-specific worksheet.
• Shipping and chartering coordinators: apply freight comparisons to their responsibilities through a guided case and a course-specific worksheet.
• Supply planners reviewing voyage and delivered costs: apply delivered value to their responsibilities through a guided case and a course-specific worksheet.

Participant experience and learning needs are reviewed before the programme is confirmed.

Curriculum & Practical Work

Learning Method

Short concept discussions, guided worksheets, group comparisons and instructor feedback, followed by a workplace action plan.

Educational programme. No professional accreditation is implied; specialist legal, engineering or tax advice requires qualified professionals.