1. North American Panel 4 November 2010 Houston MANAGING DIRECTORS’ OVERVIEW Peter M. Swift

2. INTERTANKO’s Strategic Objectives To develop and promote best practices in all sectors of the tanker industry, with owners and operators setting the example. To be a positive and proactive influence with key stakeholders, developing policies and positions, harmonising a united industry voice, and engaging with policy and decision makers. To profile and promote the tanker industry, communicating its role, strategic importance and social value. To provide key services to Members, with customised advice, assistance and access to information, and enabling contact and communication between Members and with other stakeholders.

3. INTERTANKO’s Inter-Governmental and Governmental Contacts IMO Attending all the major committees, expert and correspondence groups IOPC UNFCCC OECD, UNCTAD EU Institutions Commissions, Council (Attachés), Parliamentarians USCG, EMSA, AMSA, US EPA National and Regional Governments PSC MOUs IMB, ReCAAP, ROPME

4. INTERTANKO’s Industry Association Contacts INTERCARGO, ICS/ISF, BIMCO OCIMF SIGTTO, Intermanager, IPTA ASF,ECSA National Shipowner Associations CDI, CEFIC, ECTA IACS Individual Classification Societies CESS, CESA, EMEC IG P&I, IUMI, JHC, JWC National Insurance Markets Green Award ITF, IMEC WWF, FOE, WOC, MEPAs ILAMA, IMPA, IAPH, IBIA, EUROPIA, ETA, FONASBA WMU, IAMU, GlobalMET

5. INTERTANKO’s Council Agenda Administration Matters (Including Financial Reports) Policy Issues Report Items

6. Administrative Matters Appointment of new Managing Director & Deputy Managing Director Financial Report - On track for on budget performance in 2010 - Fees frozen for 2011 Work Plan 2011

7. Policy Issues GHG emission reductions Piracy Bunkers and quality of bunkers delivered to ships Mercury in crude

8. Report Items Iran sanctions Venezuelan detentions EU Advance Cargo Declaration regime US Issues Consequences of Deepwater Horizon spill Benchmarking study One Voice initiatives

9. INTERTANKO Future Dates ExCom Vancouver 17 November 2010 OCIMF/ITOPF/INTERTANKO/NAMEPA Seminar Vancouver 18 November 2010 Including World Maritime Day : Year of the Seafarer Observance concert 17 November Council, AGM and Tanker Seminar Athens 8-10 May 2011 Council London October 2011

10. Thank you For more information, please visit: www.intertanko.com www.shipping-facts.com www.maritimefoundation.com London, Oslo. Washington, Singapore and Brussels