INTERTANKO Seminar

27 April 2010 Singapore

Peter M. Swift

INTERTANKO Issues Update

Council Agenda (6 May 2010, London)• Administrative items• Organisation Review• Committee reports – Vetting/Smart Vetting• Green House Gas emissions • Commercial/operational issues• Reports – IMO, EU, US, Piracy, Committees, Panels• Next Meeting

Council – Administrative items

•Review of 2009

•Joint Meeting of Round Table Executive Committees

– Criminalisation and fair treatment of seafarers – Piracy– Greenhouse gases – shipping emissions– Shipping’s image & conveying messages effectively

Organisation Review

INTERTANKO Work Plan –review of activities & issues against Strategic Objectives

To develop and promote best practices To be a positive and proactive influence To profile and promote the tanker industryTo provide key services .

Purpose: To determine Scope of Activities and Priorities

Review of Committees - Objectives, Activities, Issues

Council – Vetting/Smart Vetting

• Report from Vetting Committee– including Questions/Answers

• “Smart” Vetting / Multiplicity of inspections

• Conditions of Class

Commercial/operational issues

• Report from Worldscale Committee- including questions/answers

• Mercury in crudes• IOPC Definition of a “ship”• Chinese Marine Pollution Regulations • Sanctions on oil products to Iran• Model clauses – Piracy, Vetting, Virtual arrival• Shelltime 4 / ShellNGTime 1• Facilitation payments

• IMO Year of the Seafarer

U.S. Sanctions on oil products to Iran

INTERTANKO model clause: Any trade in which the vessel is employed under this Charterparty which could expose the vessel, its Owners, Managers, crew or insurers to a risk of sanctions imposed by a supranational governmental organisation or the United States, { insert other countries } shall be deemed unlawful and Owners shall be entitled, at their absolute discretion, to refuse to carry out that trade. In the event that such risk arises in relation to a voyage the vessel is performing, the Owners shall be entitled to refuse further performance and the Charterers shall be obliged to provide alternative voyage orders.

Report: IMO

MEPC 60

• Ballast Water Management• North American “ECA”• Hong Kong (Recycling) Convention• GHG emissions

MSC 87/Other

• Inert Gas for currently exempted chemical/products carriers

Report: EU

• EU Sulphur Directive

• Maritime Accident Investigations

• Finnish/Baltic fuel concerns

Report: US

• State of Massachusetts

• EPA NPDES Vessel General Permit

• CARB air emission standards

Report: Piracy

• UN Contact Group/SHADE/IMO-MSC • Continuing Naval support• Best Management Practices – Version 3• Guidance to companies, masters & crews on: - “Capture to Release” - the care of seafarers & others who have been hijacked• Prosecutions – gathering/providing evidence• US “Ban” on Ransom Payments• Arming of Ships

+ Gulf of Guinea / Malacca Straits

Piracy/robbery incidents involving tankers2008-2010

Based on data from IMB Piracy Reporting Centre Kuala Lumpur + others – figures are only indicativeBased on data from IMB Piracy Reporting Centre Kuala Lumpur + others – figures are only indicative

By region of assault By month

By year of build of tanker

New tankers preferred?

8

38

57

148

0 20 40 60 80 100 120 140

Built 1970s

Built 1980s

Built 1990s

Built 2000s 7

6

12

9

6

4

8

9

13

13

16

7

15

6

11

11

21

13

4

1

3

8

6

13

3

3

16

6

0 10 20 30 40

January

February

March

April

May

June

July

August

September

October

November

December

2008

2009

201023

26

9

1

73

14

14

4

1

14

4

7

2

1

51

0 50 100

East Africa

West Africa

S China Sea

Indian Ocean

S America

2008 - 110

2009 - 106

2010 - 28 (3.8 ms)

Number

Council – Next Meeting

12/13 October in Singapore Commencing ca. 1400 / concluding ca. 1600

Council Dinner – 12 October

+

Other INTERTANKO events

Thank you

For more information, please visit:www.intertanko.com

www.poseidonchallenge.comwww.shippingfacts.com

www.maritimefoundation.com

London, Oslo. Washington, Singapore and Brussels