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An Introduction to Bunker Credit Risk
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An Introduction to Bunker Credit Risk (Paperback)

£45.00
To Order. Estimated despatch in 1-3 weeks.
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Synopsis

An Introduction to Bunker Credit Risk is an essential tool for all those responsible for making credit decisions and assessing counterparty risk when buying or selling marine fuels. Marine fuel is sold almost universally on open credit and the sums involved can be substantial. With no security and thin margins, payment delay or default can be very serious for the supplier. It is important to understand the dynamics of credit risk, both as a defence against loss and as a tool for maximising profit. Presenting a complex subject in a simply-written and highly-effective way, this book provides a comprehensive foundation for anyone involved in any aspect of credit management, whether from the trading and supply or a ship operator's viewpoint. The book offers an understanding of the marine fuels market and of the shipping markets that it supports, and also provides a practical introduction to the assessment of counterparty risk in the sector. Whether you are considering a career in the bunker industry, or already involved in the commercial side of bunkering, you will find this book invaluable.

BusinessIndustry & industrial studiesTransport industriesShipping industries Publisher: Petrospot Limited Publication Date: 31/08/2010 ISBN-13: 9780954809751  Details: Type: Paperback Format: Books
Availability: To Order. Estimated despatch in 1-3 weeks.  

Nigel Draffin has been involved in shipping for almost 50 years and with the commercial bunker market for over 25 years. He is a founder member of the International Bunker Industry Association (IBIA) and has served several times on its council of management and executive board and has served as Chairman. Nigel is Director of the Oxford Bunker Course and the Oxford Bunker Course (Advanced), a member of the Institute of Marine Engineering Science and Technology and Past Master of the Worshipful Company of Fuellers. He is also Senior Broker and Technical Director of US-based bunker broker LQM Petroleum Services.

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Location 1st Book Each additional book Average Delivery Time
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UK First Class £4.50 £1.00 1-2 Days
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Western Europe** Airmail £5.00 £1.50 4-14 Days
USA / Canada Courier £20.00 £3.00 2-4 Days
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