an introduction to

INTERTANKOInternational Association of Independent

Tanker Owners

Tim Wilkins

Regional Manager Asia-Pacific

Environmental Manager

Anti-Trust/Competition Law Compliance Statement

INTERTANKO’s policy is to be firmly committed to maintaining a fair and competitive environment in the world tanker trade, and to adhering to all

applicable laws which regulate INTERTANKO’s and its members’ activities in these markets. These laws include the anti-trust/competition laws which the

United States, the European Union and many nations of the world have adopted to preserve the free enterprise system, promote competition and protect the public from monopolistic and other restrictive trade practices.

INTERTANKO’s activities will be conducted in compliance with its Anti-trust/Competition Law Guidelines.

1. The Tanker Industry

2. INTERTANKOa. who: tanker owners and the industry

b. why: tanker owner interests

c. how: governance structure

d. what: INTERTANKO issues

01020

30405060

708090

ROW

Middle East

Western Europe

USA

World Oil Supply 1900-2005(Million bls/day)

1. Tanker Industry

Emerging Oil Demand

0

2

4

6

8

10

12

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

mill

ion

b/d

China India Other Asia Mid East

Courtesy: Braemar Seascope / Source: IMF

1. Tanker Industry

0

50

100

150

200

250

300

350

400

450

USA EU Japan Korea India China

2003 2004 2005 2010

Crude Imports (m tonnes)

Source: Braemar Seascope

1. Tanker Industry

0

2

4

6

8

10

12

Litre

Oil consumption per capita(Litres/day - 2003)

1. Tanker Industry

The World needs Tankers

• World Oil Consumption 3.7 billion ts

• Transported by sea 2.3 billion ts

• > 60% transported by sea.

As an Industry we may not be loved BUT WE ARE NEEDED

1. Tanker Industry

0

10

20

30

40

50

90 91 92 93 94 95 96 97 98 99 00 01

Tonnes spilt per billion tonne-mile transported

So long as we have a demand we will have a risk…

1. Tanker Industry

Source: ITOPF. Number of spills above 700 tonnes.

Development of Oil Spills

1. Tanker Industry

Zero tolerance

1. Tanker Industry

1. Tanker Industry

1. Tanker Industry

1. Tanker Industry

International Association of Independent Tanker Owners

A non-governmental organization established in 1970 to speak authoritatively and proactively on behalf of tanker operators at

international, regional, national and local level

• Representing oil and chemical tanker owners

260 Members40+ countries2,650+ tankers220 million dwt 75% of independent tanker fleet85% of chemical tanker fleet300 Associate Members

2. INTERTANKO

MISSION “Provide leadership to the Tanker

Industry in serving the world with safe, environmentally sound and efficient

seaborne transportation of oil, gas and chemical products.”

VISION for the TANKER INDUSTRY“A responsible, sustainable and

respected Tanker Industry, committed to continuous improvement and

constructively influencing its future.”

2. INTERTANKO

INTERTANKO and its Members’ Goals

1. Be the representative forum of choice for all quality tanker owners and managers.

2. Enhance public and political awareness of the importance and positive performance of the tanker industry.

3. Promote balanced terms of trade and a competitive, transparent and sustainable tanker industry.

4. Lead the development, acceptance and implementation of uniform, worldwide international tanker standards

5. Lead in establishing and maintaining partnerships, cooperation and open and constructive dialogue with the relevant maritime authorities, organizations, associations and special interest groups.

2. INTERTANKO

1. ISM/Maintenance Requirement1.1 Entry of Tank vessels into Membership1.2 Classification Societies1.3 Insurance Cover1.4 Transparency of Ownership1.5 State Owned Companies entry criterion1.6 IMO Voluntary Flag State

2. Best Practices 2.1 Budget Resources2.2 Breaches of MARPOL2.3 Reporting Deficiencies to Class2.4 Leading Industry Performance2.5 IMO Pilotage Recommendations for Danish Waters2.6 Guide for Correct Entries in the Oil record book2.7 Right Whale Avoidance 2.8 Best Practice - Cadet Berths 2.9 IMO Guidelines for Lifeboat Safety2.10 Incident Transparency2.11 Ballast Water Management Plan 2.12 Emergency Response for Damage Stability2.13 Monitoring Members Detentions

2. INTERTANKO

Membership criteria/Best practices:

INTERTANKO Services

• INTERTANKO represents and promotes the interests of responsible oil and chemical tanker owners worldwide

and• provides members with technical, operational, legal,

documentary and other support services, information and advice

2. INTERTANKO

• 25 Secretariat• London, Oslo, Washington & Singapore• 14 Committee’s and 4 Regional Panels• 50+ Work Items on the Agenda

Annual General Meeting

Council

Regional PanelCommittee

Member Company

Regional Manager Issue Manager

Member Company

Executive Committee

INTERTANKO Position

Issue

Developing an INTERTANKO Position

2. INTERTANKO

Annual General MeetingSecretary: Kristian Fuglesang

CouncilSecretary: Minerva Alfonso

Associate Members CommitteeSecretary: Gunnar A. Knudsen

Bunker Sub-Committee Secretary: Dragos Rauta

Chemical Tanker Committee (CTC) Secretary: Howard N. Snaith

Chemical Tanker Sub-Committee Americas Secretary: Margaret Doyle

Human Element in Shipping CommitteeSecretary: Fredrik Larsson, Howard Snaith

Documentary Committee Secretary: John Fawcett-Ellis

Environmental Committee Secretary: Tim Wilkins

Insurance & Legal Committee Secretary: John Fawcett-Ellis

Executive CommitteeSecretary: Minerva Alfonso

INTERTANKO Safety, Technical and Environmental Committee (ISTEC) Secretary: Dragos Rauta, Howard Snaith, Tim Wilkins, Fredrik Larsson

IT Committee Secretary: Minerva Alfonso

Offshore Tanker Committee (Former Shuttle Tanker Committee) Secretary: Dragos Rauta

Short Sea Tanker Group Secretary: Erik Ranheim

Vetting Committee Secretary: Howard N. Snaith

Worldscale Committee Secretary: Kristian R. Fuglesang

ASIAN REGIONAL PANEL Secretary: Tim Wilkins

HELLENIC FORUM Secretary: Bill Box

LATIN AMERICAN PANEL Secretary: Joe Angelo

NORTH AMERICAN PANEL Secretary: Joe Angelo

Q-Quest Sub-CommitteeSecretary: Kristian Fuglesang

Management CommitteeSecretary: Peter Swift

Shipowner Issues Sub-Committee

Secretary: Peter Swift

Governance Structure

14 Committees4 Regional Panels

Example:

INTERTANKO’s Environmental Committee• 16 Members

• Provide mandate for INTERTANKO position on environmental issues

Issues:

Internally Driven, proactive

- Environmental Awareness

- Environmental Management Systems

- Sustainability in Shipping

Externally Driven, reactive

- IMO

- Regional (EU), national and local issues

2. INTERTANKO

INTERTANKO Services

• INTERTANKO represents and promotes the interests of responsible oil and chemical tanker owners worldwide

and• provides members with technical, operational, legal,

documentary and other support services, information and advice

2. INTERTANKO

2. INTERTANKO

• Weekly NEWS

• www.intertanko.com– issue background and updates– port information

• disbursements

• reception facilities

– terminal vetting database• terminal experience and information

– Q88– TMSA benchmarking– Presentations

• meeting possibilities– INTERTANKO tanker events– committee meetings– seminars– workshops

INTERTANKO Services: Using INTERTANKO

2. INTERTANKO

• advice on charter party questions

• advice on international regulations

• market information– statistics– world economy– oil market– tanker and chemical fleet– casualties and oil spills

• guidance and information publications– 50% off the purchase price of publications

• Freight and Demurrage Information Pool– a database of charterers' records on settlement of freight and demurrage– receive assistance in securing payment of outstanding demurrage claims

INTERTANKO Services: Using INTERTANKO cntd.

Air EmissionAIS - Automatic Identification Systems - (Navigation) Antifouling paints - (Environment) Anti-terrorist legislation - shipowners' liability Anti-trust/Competition Law - (Legal and Documentary ) Average Most Probable Discharge (AMPD) - (North American Issues) Ballast Water Guidelines - (Ballast water ) Ballast Water Legislation - (Ballast water ) Best Management Practices for the control and reduction of “inadvertent” cargo vapour emissions from tankers - (Air Emission) Best Practise - Cadet Berths - (Human Element) Biofuels - (MARPOL Annex II The Revisions) Bunkering - general - (Bunkers) Charter Party Advice - (Legal and Documentary ) Charter Party forms - (Legal and Documentary ) Claims of Affiliates and under Bills of Lading clause – P&I cover prejudiced - (Charter Party Advice ) Coating on cargo tanks - (Technical ) Company Security Officers (CSOs) – guidelines on training and certification - (Security) Compensation limits for oil pollution - (Tanker facts) Co-operation with pilot associations - (Pilotage) Crew Visas - (Security) CRUCLEAN - (Technical Projects) Crude oil densities - (Phase out) CRUMECON - (Technical Projects) Danish Pilotage & Model Clauses - (Pilotage)

2. INTERTANKO

Electronic Charts - (Navigation) Emission Trading - (Air Emission) Environmental Awareness - (Environment) EU Ship Source Pollution Directive litigation - (Legal and Documentary ) Fatigue - (Human Element) GHG Indexing of Ships - an INTERTANKO Model - (Air Emission) Global integrated shipping information (GISIS) databaseHNS ConventionHydrogen Sulphide in Bunkers and Crude Oil - (Bunkering - general) Industry Reception Facilities Forum - (Reception Facilities) Inter-Industry Group reports to the IMO on human factors - Regarding Inert GasInternational best Practices Maritime Pilotage - (Pilotage) Bunkering Guide - (SECA) Chartering Publications - (Legal and Documentary ) MARPOL Annex II VOCON Operational Procedure - (Air Emission) ) INTERTANKO’s Freight and Demurrage Information Pool - (Legal and Documentary ) - (Oil Spill Liability and Compensation) Joint War Committee (JWC) - (War Risk Cover) Lifeboat Working Group - (Lifeboats) LOF 2000 (SCOPIC) - (Pollution Prevention) Long Range Identification and Tracking (LRIT) - (Security) MARPOL Annex VI - (Air Emission) Material Safety Data Sheet (MSDS) - (Technical ) (Vetting/Ship Inspections) Newbuilding Standards: Extended guarantee/net-scantlings/corrosion margins - (Technical)

Oil Pollution Clause - (INTERTANKO Model Clauses)

2. INTERTANKO

Oil Spill Liability and Compensation - (Insurance) Oil supply and demand - (Research and Projects) OPA90 - (Regulatory schedules) Operational/Safe Manning - (Human Element) OPRC-HNS Protocol - (Chemical ) Overview of the 1992 CLC & Fund Regime - (Insurance) Phase out statistics - (Research and Projects) Pilotage - (Marine safety) Piracy updates - (Piracy) Pollution casualties - ITOPF - (Casualties) Pollution Prevention - (Environment) Port Costs – Worldscale clause - (INTERTANKO Model Clauses) Port State Control - (Research and Projects) Product evaluation and cargo classification by 12th Session of ESPH 12 Working Group - (MARPOL Annex II The Revisions) Protection of Bunker Tanks - (Technical ) Protective coatings of dedicated seawater ballast tanks required in all types of ships and double-sided skin spaces of bulk carriers - (Technical ) Questionnaire 88 - (Vetting/Ship Inspections) Reception Facilities - (Environment) Revised IBC Code & MARPOL Annex II - (MARPOL Annex II The Revisions) Sale and purchase - (Research and Projects) Salvage & firefighting requirements - (North American Issues) ) SECA Entry Guide - (SECA) Security, terrorism - (Piracy) Sewage Regulations - (Environment) Single-hull tanker phase-out calculator - (Phase out)

2. INTERTANKO

SIRE (Ship Inspection Reporting System) - (Vetting & port state control) SMPEP & SOPEP - (Pollution Prevention) SOPEP-National Contacts - (Pollution Prevention) Tank Level and Pressure Monitoring (TLPM) - (Technical) Tanker Chartering Seminars - (Legal and Documentary )Time Charterparty ClausesTMSA - (Vetting/Ship Inspections) TOPIA 2006 charterparty clause (for all tankers) - (INTERTANKO Model Clauses) Total tanker incidents 1978-2005 - (Casualties) TOTS (Tanker Officer Training Standards) - (Vetting/Ship Inspections) Trading requlations/sailing restrictions - (Ports and Terminals ) Tug escorts - (North American Issues) Under Keel Clearance (UKC) Guidelines - (Navigation) US - Automated Manifest System (AMS)US Coast Guard Chemical Transportation Advisory Committee USCG QUALSHIP 21 - (Port state control)Vapour Emission Control Systems StandardsVessel Data Recorders (VDR, Black boxes) Vetting/Ship InspectionsWar Risk CoverWhale and Cetacean ConservationWinch Brake SettingsWorldscaleWreck Removal Convention

2. INTERTANKO

Liaison

• INTERCARGO• International Chamber of Shipping (ICS)• BIMCO

• Oil Companies International Marine forum (OCIMF)• Individual oil companies• Ports Associations (reception facilities, terminal vetting)• Pilots• PSC (MoUs)• Local, National, Regional and International regulatory bodies

2. INTERTANKO

Round Table of International

Shipping Associations (RTisa)

thanks…now any questions?

2. INTERTANKO