London, United Kingdom, 7–8 May 2026.

Alkagesta participated in the 5th Annual Oil Operations & Demurrage Conference, held at the Richmond Hill Hotel in London. The event, organised by Pequod Associates in collaboration with Minton, Treharne & Davies Group, brought together 140 delegates from 44 companies across 18 countries — including oil majors, independent trading companies, shipowners, charterers, legal counsel, and market analysts — making it the most ambitious edition of the conference to date.

The company was represented by Nihad Hamzazade from the Demurrage Team at Alkagesta.

Now in its fifth year, the conference has established itself as a key gathering point for global leaders in trading operations and demurrage. As the organisers noted in the official conference introduction, it is “a unique event where global leaders of demurrage and operations and their teams are in the same room at the same time,” highlighting the conference’s role as a rare platform for industry insight, practical discussion, and professional exchange.

Sessions on both days covered a range of pressing industry topics, including:

  • Global petroleum and freight market analysis for 2025–2026
  • The operational and contractual consequences of the Iran conflict
  • Cargo quality, contamination, and tank cleaning disputes
  • Price exposure, hedging, and delay
  • The evolving role of trading operations teams and the integration of AI in demurrage workflows

Alkagesta extends its appreciation to David Clark, Director of Pequod Associates, and Richard Minton, Director and Consultant Chemist at Minton, Treharne & Davies, for organising a rigorous and well-structured programme that delivered genuine value across both days.

Group of conference participants at Oil Operations and Demurrage Conference 2026 networking session
Group photo of industry participants at Oil Operations and Demurrage Conference 2026 in London