Presentation - Intertanko

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www.teekay.com

T E E K A Y – T H E M A R I N E M I D S T R E A M C O M P A N Y ®

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Teekay Marine ServicesTeekay Marine Teekay Marine ServicesServices

TEEKAY SHIPPING

2 T E E K A Y – T H E M A R I N E M I D S T R E A M C O M P A N Y ® www.teekay.com

Poseidon Poseidon -- DefinitionDefinition

The god of the waters, earthquakes, and horses, and brother of Zeus.

Poseidon, in Greek religion and mythology, god of the sea, protector of all waters. After the fall of theTitans, Poseidon was allotted the sea. He was worshiped especially in connection with navigation; but as the god of fresh waters he also was worshiped as a fertility god.

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Poseidon ChallengePoseidon Challenge

Zero fatalities

Zero pollutions

Zero detentions

TEEKAY SHIPPING



The risks we manage

The tools to manage them

Our individual and collective responsibilities

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Obsessive and sustained commitment to pursue best practices

Willingness to embrace change

Openness and desire to learn from our mistakes

TEEKAY SHIPPING



Time

Energy

Money

Passion

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Structural Integrity Management System – SIMS

Structural Structural Integrity Integrity Management Management System System –– SIMSSIMS

World-Class Asset Base

TEEKAY SHIPPING


ObjectivesObjectives

Ensure vessels structurally sound at all times

Eliminate unscheduled dockings (for structural reasons)

Minimize downtime (for structural reasons)

Improve crew competence

Eliminate dry dock overrunsFinancialTime

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Inspection ManualInspection Manual

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Inspection ManualInspection Manual

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Insp. Schedule

- LCMT

- PMS

- Condition

- Time

- Location

- Resources

Triggers Opportunity Preparation

- Cleaning

- Gas-freeing

- Review of material

- Travel/Agent

Inspection

- Tank

- Frame

- Cell

- Hot spots

- Form

ReviewActionFOS FOS

- Vsl. trend

- Sister vessel Perf.

- Paint system Perf.

- Steel struct. Perf.

- Fleet wide Perf.

-Acknowledgment

- Data quality

- Review

- Feedback

- Executive Hull Summary

- Advise Team

- Advise NB Team

- Change Procedures or standards

- Update of Dry-Dock spec.

- Handling of Opanomaly

Team TeamAction Review Urgent Issues

Opanomaly Process

Output

Reports

- Coded data in forms

- Un-coded data (text & pictures

Data storage

Structural Integrity Management SystemsStructural Integrity Management Systems

TEEKAY SHIPPING


BenefitsBenefits

Cost-effective asset management

Improved internal knowledge of fleet’s structural condition

Centralized database

Improved seafarer competence

Build customer confidence

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Seafarer Competence for Operational Excellence –SCOPE

Seafarer Seafarer Competence for Competence for Operational Operational Excellence Excellence ––SCOPE SCOPE

World-Class Staff Onboard & Ashore

TEEKAY SHIPPING


An initiative focused on sea staff

Designed to continually improve the level of Competence, Confidence & Performance

Provide evidence of professional excellence

Enhance customer service and satisfaction

What is SCOPE?What is SCOPE?

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“The overall ability and motivation to fulfill a defined role, safely and successfully to Teekay’s standards.”

CompetenceCompetence

Core Competencies (STCW)

(92)

Teekay Competencies

(323)

Management/ Leadership Behaviour

Competencies (9)

• Overall knowledge & understanding

• Recognition of aptitude

• Sharing of experience

• Attitude & motivation

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Competence Requirements Competence Requirements –– ExampleExample

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Enhanced career progression

Structured training and mentoring program

Continuing Professional Development for sea staff

International recognition of Teekay seafarers

BenefitsBenefits

TEEKAY SHIPPING


Industry RecognitionIndustry Recognition

“Teekay Shipping is taking competence management to new heights, establishing as part of its business strategy its own competency management program called SCOPE. Det Norske Veritasrecently issued a statement of compliance to Teekay for its system – the world’s first competence management system certificate”.

Source: DNV Forum No. 2/2004

THE LLOYD’S LIST AWARDS 2005The Training Award:Winner: SCOPE - Teekay Shipping’s Competence Management system

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Strategies for ComplianceStrategies for Strategies for ComplianceCompliance

TEEKAY MARINE SERVICES

TEEKAY SHIPPING


Environmental Leadership ProgramEnvironmental Leadership Program

Program Elements:

Procedures and PoliciesEquipment

KEY FOCUS!

Foster the right Culture

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Procedures & Policies:

Enhanced Oil Record Book proceduresImproved handover templatesNew engineering change management processEnhanced onboard familiarization programEnhanced waste management procedures

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Procedures & Policies:

Seals and tags for overboard lines and flanges

Logbook system for seals and tags

Tank Sounding Log

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Procedures & Policies:Reviewed systems risk for environmental equipment Streamlined approval procedures for non-budget environmental expenditures

Enhanced maintenance job descriptionsReviewed critical spare part lists

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Equipment:

Installation of “white boxes" on oily water separators

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Equipment:

Dry-bilge concept Improved separation of oil and waste waterIncreased efficiency of incinerator and oily water separator

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Equipment:

Implementing mechanical seals

Piloting of centrifugal and emulsion breaking oily water separators

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Environmental Awareness Survey:

1,018 Employees interviewed onboard and ashore

533 Officers433 Crew52 Office staff

Survey completed in 5 weeks 53 ships visitedInterviews of ship staff on leave carried out in Manila, Mumbai, London, Grimstad, Gdyniaand Sydney

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Compliance Culture:Environmental audits / surveys performed by:

Dedicated environmental auditorsVessel ManagersClassification Societies.

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Compliance Culture:Extensive communication program; “Our Environment -Our Responsibility”

The program includes:A pledge to our environmentProminent posters Presentations to sea and shore staffAmended job descriptions with focus on environment

TEEKAY SHIPPING



Sea Staff Conferences/Workshops 2005

Held in Europe, Philippines, Norway, Australia, and PolandAttended by ~ 500 officersAgenda includes

Updates on industry issues and Teekay environmental initiativesGroup discussions and feedback on compliance issues

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The Poseidon ChallengeThe Poseidon Challenge

“More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness, the other to total extinction.

Let us pray that we have the wisdom to choose correctly.”

by Woody Allen

Presentation - Intertanko

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