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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
Overview

Liquefied Natural Gas (LNG) is poised to be a key commodity for global trade in the future; given its status as one of the cleanest fossil fuels. Industry experts play significant roles in managing LNG agreements and shaping the future of the LNG shipping industry. The GLOMACS training course aims to equip professionals with best practices for handling short- and long-term LNG contracts. This course will cover pricing; contract negotiation; technical and market fundamentals; and future trends in the LNG and shipping sectors.

The goals of this training course include understanding the LNG shipping industry value chain; terminal types and facilities; applicable rules and regulations; and key components of the LNG chain. Participants will also gain skills in LNG contract management; negotiation; and the assessment of supply and demand balance. The course will benefit professionals such as LNG commercial managers; vessel negotiators; project managers; engineers; legal advisors; and other key roles within the industry.

The training course is delivered through an engaging and interactive combination of lectures; discussions; case studies; and simulations. Organizational impacts of the course include strengthening technical; operational; shipping; commercial; and governance aspects of the LNG industry. On a personal level; participants will enhance their professional competencies; gain insight into industry-accepted standards and benchmarks; and increase their capabilities for assuming higher roles. The daily agenda consists of topics ranging from an overview of the LNG business and the legal framework to methodologies for estimating medium-term LNG freight rates.

Course Summary

Liquefied Natural Gas (LNG), recognized as one of the cleanest fossil fuels, holds considerable promise as a commodity for global trade in the future. The significance of LNG agreements, which you, as industry experts, are entrusted to handle, cannot be overstated. They play a crucial role in safeguarding legal and commercial aspects and must encompass various elements, addressing commercial, technical, regulatory, and transportation industrial practices. Your expertise in these agreements facilitates expeditious deals, driving the industry forward.

The LNG Shipping industry, where you, as industry experts, play a pivotal role, is key to optimizing the overall trading margin across the value chain. Your strategic involvement effectively manages the sustainable and profitable balance between Supply and Demand, shaping the industry's future.

This training course is designed to equip industry experts with cutting-edge practices in handling short- and long-term LNG contracts. Attendees will thoroughly understand pricing and agreement negotiation techniques, delving into the principles of technical and market fundamentals. The course will also explore the future trends and challenges in the LNG and Shipping sectors, enabling participants to navigate these dynamic landscapes proficiently.

This GLOMACS LNG Shipping Economics & Freight Cost Calculations training course will highlight:

  • Overview of LNG Business
  • LNG Trading Legal System and Contractual Laws
  • LNG as A Commercial, Domestic Fuel Source for Industry
  • LNG Flow Measurement, Custody Transfer & FSRU Operation
  • Methodology to Estimate Medium-Term LNG Freight Rates
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

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.

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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.

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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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