(EnergyAsia, August 1, Friday) — August Energy Pte Ltd will be holding a workshop on ‘Bunkering: Principles, Management & Operations’ at the Bestway Building, off Shenton Way on September 2 and 3.

Bunker fuel is probably the largest cost component for the shipping industry today. The cost of bunker fuel recently climbed to a record of more than US$770 a tonne FOB Singapore, double what it was a year ago.

This workshop is recommended for anyone interested in the bunker fuel markets in Singapore, and the world at large. This includes any professional in the oil trade, banks, financial institutions, refiners, shipping and marine companies, ports, insurance firms, government, regulators, consultancies, and the media.

Topics addressed include the structure of the oil markets in general and the bunker markets in particular, the impact of the US credit crisis, the crackdown on malpractices, supply-demand balances, Singapore as a major hub in the global bunker supply chain, operational and management practices, and government policies.

The event will also examine the role of surveyors and inspectors, bunker contamination, dispute handling, MARPOL rules and requirements, auditing practices and policy in Singapore.

Speakers include Lee Hong Liang (Bunker World), Douglas Rait (IBIA Asia Exco), Yee Peng Fei (PSB consultant) and Dave Cheng Loon (Certification International Pte Ltd).

Who should attend: crew and staff of bunker companies, shipping lines, bunker purchasing department, brokers, banks, financial institutions, oil companies, government agencies dealing with the marine and maritime industries, traders, operations staff of trading firms.