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LNG Shipping Economics & Freight Cost Calculations

An Interactive 5-Day Training Course

LNG Shipping Economics & Freight Cost Calculations

An advanced vision for LNG trading as the most important commodity for the next decade

NASBA
Classroom Schedule
Date Venue Fees
18 - 22 May 2026 Dubai $ 5,950
31 Aug - 04 Sep 2026 London $ 5,950
14 - 18 Dec 2026 Dubai $ 5,950
Online Schedule
Date Venue Fees
18 - 22 May 2026 Online $ 3,950

Course Summary

Liquefied Natural Gas is recognised as one of the cleanest fossil fuels and is poised to be a key commodity in future global trade. The LNG Shipping Economics & Freight Cost Calculations training course has been designed to equip industry professionals with comprehensive knowledge of pricing, contract negotiation, technical fundamentals, and market dynamics relevant to the LNG shipping industry. Participants will gain a deeper understanding of the value chain, applicable regulations, and the commercial, operational, and technical components that drive LNG shipping economics.

Throughout this intensive five‑day training course, participants explore methodologies for estimating medium‑term freight rates, assess supply and demand balances, and examine key components of LNG contracts and trading arrangements. Emphasis is placed on developing practical skills in negotiation, global shipping considerations, and freight cost analysis. The LNG Shipping Economics & Freight Cost Calculations training course prepares delegates to manage complex LNG agreements, make sound commercial decisions, and contribute meaningfully to organisational performance in LNG trade and shipping sectors.

 

Skills & Competencies

From this LNG Shipping Economics & Freight Cost Calculations training course, participants will develop the following key skills and competencies:

  • LNG industry value chain analysis
  • Freight cost estimation and calculations
  • LNG contract negotiation capability
  • Regulatory and commercial insight
  • Supply and demand freight balance assessment
  • Strategic LNG shipping decision skills

Key Learning Outcomes

At the end of LNG Shipping Economics & Freight Cost Calculations training course, you will learn to:

  • Explain the LNG shipping industry value chain.
  • Analyse key LNG freight cost components and calculations.
  • Identify applicable rules, regulations, and standards.
  • Differentiate between LNG supply and transport demand.
  • Apply negotiation techniques in LNG agreements.

How You Will Learn

Learning unfolds through a blend of structured lectures, practical discussion, and application of analytical techniques relevant to LNG shipping economics. Participants will study real industry considerations, engage with freight rate methodologies, and interpret components of global LNG contracts. Emphasis is placed on translating theoretical insight into pragmatic commercial and technical decision‑making.

Who should Attend?

This training course is designed for professionals engaged in the commercial, technical, legal, or operational aspects of LNG shipping and contract management.

This LNG Shipping Economics & Freight Cost Calculations training course is suitable to a wide range of professionals but will greatly benefit:

  • LNG commercial managers
  • LNG vessel negotiators and operators
  • Project and contract managers
  • Maritime legal advisors
  • LNG sourcing, trading, and supply professionals
Course Outline
Day 1 to Day 5
  • Overview of LNG Business
    • What is LNG?
    • LNG Terminal Types, Facility and infrastructure
    • Introduction to LNG Business Best Practices
    • LNG Applicable Rules, Regulations, Codes and Standards
  • LNG Trading Legal System and Contractual Laws
    • LNG Contracts: Fundamental’s elements
    • Elements in a Purchase and Sale Agreement
    • Challenges in LNG Contracts
    • Remedies for breach of contract
  • LNG as A Commercial, Domestic Fuel Source for Industry
    • LNG Supply and Demand Balance
    • LNG and Domestic Gas Value Chains
    • Structuring an LNG Project
    • Oil Indexed Price Formula
    • LNG Sale and Purchase Agreement
    • Financing an LNG Export Project
    • Risk Management and LNG Business
  • LNG Flow Measurement, Custody Transfer & FSRU Operation
    • Custody Transfer Requirements
    • Applications of Flowmeters
    • Proving Systems (Direct, Indirect, Master Meter, Volume, Displacement)
    • Flow Computers and Communication
    • Temperature and Pressure Measurements
    • FSRU- The vital component in LNG
    • Global FSRU Fleet
  • Methodology to Estimate Medium-Term LNG Freight Rates
    • The Difference Between the demand for LNG transport & the supply of LNG transport
    • Geographic Distribute LNG molecule supply and demand
    • Average freight rates by propulsion technologies
    • Calculation of shipping demand and Supply
    • Determination of the price equilibrium and freight rates
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
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NASBA

Customisation & In-House Delivery

Delivering this training course in‑house enables organisations to tailor LNG shipping and freight cost analysis content to specific operational needs, internal frameworks, and commercial priorities. Customisation supports teams in aligning industry best practices with company structures and strategic goals in LNG trading and shipping.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this LNG Shipping Economics & Freight Cost Calculations training course:

  • Enhanced freight cost modelling capability
  • Stronger contract negotiation confidence
  • Improved LNG commercial and technical insight
  • Higher decision‑making precision in LNG operations
  • Greater alignment of supply and transport strategies
  • Increased competence in pricing and freight analysis
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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