1. Leading the way; Making a difference Katharina Stanzel Deputy Managing Director INTERTANKO Russian Maritime Register of Shipping XIV International Seminar 12-13 October 2011, St Petersburg Quality Shipping: 21 st Century Standards Maritime Community searching for a Balance of Interests Key initiatives to improve Maritime Safety, Security and Environmental Protection

2. Leading the way; Making a difference International Association of Independent Tanker Owners Non-governmental organization established in Oslo in 1970 Represents interests of independent tanker operators at international, regional, national and local levels 250 Members in 45 countries 3,250 tankers 285 million dwt & 320 Associate Members Spokesman - Information Service - Meeting Place Oslo - London - Washington - Singapore - Brussels INTERTANKO

3. Leading the way; Making a difference 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 develop and promote best practices in all sectors of the tanker industry, with owners and operators setting the example.. 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. INTERTANKO

4. Leading the way; Making a difference A responsible, sustainable and respected part of the world’s energy supply chain, committed to continuous improvement and constructively influencing its future, serving the world with the safe, environmentally sound and efficient seaborne transport of oil, gas and chemical products Vision for the tanker industry:

5. Leading the way; Making a difference Safe Transport Clean Seas Free Competition

6. Leading the way; Making a difference Tanker Industry Fragmentation Based on LRFairplay VLCCs ~ 550 ~ 140 owners Suezmaxes ~ 420 ~ 110 owners Aframaxes ~ 890 ~ 230 owners 7% 10% 7%

7. Leading the way; Making a difference Safety/TechnicalSeafarersEnvironmentMarine OperationsRegulatory / Legal Damage stability Inert gas Shipyard standards Class standards Fuel quality Mercury in crude Criminalization Crew competence Shore access Fair treatment of Seafarers GHG emissions Ballast water Reception facilities Air emissions Piracy Vetting Port State Control Chemical operations Sanctions Limits of liability Insurance Oil spill compensation Tanker design Structural Integrity Machinery/equipment Fuel switching Safe tank entry Gas detection Biofuels Cargo properties Crew visas Seafarer ID documents Accommodation space Cadet berthing Ship recycling Anti-Fouling Waste management Noise pollution Response mgmt. Hull biofouling Ship striking mammals Loadlines off S. Africa Lifesaving appliances Pilotage Port & Terminals Navigation issues Offshore operations Ship security alert sys ISPS Code Security Officers Accident Investigations Ship/Ship transfer Accident investigation Conflicts in law UNCLOS Legislation Charter party clauses FDIP Demurrage Intellectual property Worldscale Anti-corruption INTERTANKO Key Focus Areas

8. Leading the way; Making a difference Key Maritime Safety Initiatives Fuel Quality Inert Gas & other best practice guidelines Officer competency (TOTS)

9. Leading the way; Making a difference Fuel Quality Issues

10. Leading the way; Making a difference Issues: Training Standards Increasing accidents Different standards for different ship types Complicated regulations & conflicting requirements Goals Simplify standards & regulations Address Tank Entry Concerns Apply IG Regs. to new & existing ships Investigate IG from shore (small tankers) Inert Gas requirement applied to product not ship Objectives Increase awareness of tank entry dangers Reduce accidents & fatalities by increasing and simplifying use of inert gas International application through the IMO Inert Gas & Tank Entry

11. Leading the way; Making a difference Best Practice Guidelines

12. Leading the way; Making a difference Training standard to ensure competency for rank specific shipboard operations, specific tanker types and company operating systems (ISM) Aim: ease compliance with officer matrix requirements & provide alternative measuring tools for ‘time in rank’ and ‘time with company’ Aimed at senior cadets & junior officers or officers new to a company Structured, controlled & auditable TMSA 2 compliant & in excess of STCW Tanker officer competency and experience

13. Leading the way; Making a difference Key Environmental Initiatives Port Reception Facility improvement (USA & EU) Ballast Water Treatment Technology Review Air emissions, Scrubbing Technology Review & revision of EU Sulphur Directive Greenhouse Gas Emissions Reduction

14. Leading the way; Making a difference Shipping supports reduction of emissions BUT Incoming regulations (BWT, NOx/SOx Scrubbers) can result in new waste streams and additional energy demands (up to 8% of daily fuel consumption on board) => Emissions ! Dialogue needed with all stakeholders to ensure measures not counterproductive

15. Leading the way; Making a difference Key Environmental Initiatives Greenhouse Gas Emissions Reduction: Tanker Energy Efficiency Management Plans ‘Virtual Arrival’

16. Leading the way; Making a difference Initiatives to reduce emissions: SEEMP Ship Energy Efficiency Management Plan (SEEMP) Best practices for fuel efficient operation of ships agreed by MEPC 62 will significantly reduce fuel consumption & CO2 emissions Developed by MEPC WG on greenhouse gas emissions representing co-operation btw IMO Member States and international shipping industry

17. Leading the way; Making a difference Initiatives to reduce emissions Best practice guidance – TEEMP In co-operation between members AND with other stakeholders Company TEEMP Voyage optimisation Propulsion resistance management Machinery optimisation Cargo handling optimisation

18. Leading the way; Making a difference Virtual Arrival Method to reduce emissions by adapting vessel speed to terminal slots Takes advantage of inefficiencies in the market, but does not affect the market Reduces port congestion and contributes to improve safety Co-operation between OCIMF and INTERTANKO Initiatives to reduce emissions

19. Leading the way; Making a difference How Virtual Arrival reduces GHG emission Tonnes CO2 emission at full speed: 2,081 CO2 emission at reduced speed: 1,179 Reduced CO2: 902 Reduced SOx emission 23 Bunker saved 290 (43%) Assumed reduction NOx emission 43% Tonnes CO2 emission Voyage length days Start voyage Virtual arrival decision point Virtual arrival time Actual arrival time

20. Leading the way; Making a difference Reducing fuel consumption = most cost effective emission reduction initiative any owner can take today

21. Leading the way; Making a difference Key Security Initiatives Provision of Merchant Navy Liaison Officers to work with MSCHOA Anti-Piracy SOS campaign PIRACY

22. Leading the way; Making a difference INTERTANKO Philosophy Eliminating piracy is a shared responsibility between the maritime industry and governments BUT Establishing LAW AND ORDER on the high seas is the responsibility of governments

23. Leading the way; Making a difference IMEC ICS/ISF INTERTANKO SIGTTO World Shipping Council IUMI IG P&I BIMCO ITF LMA (Lloyd’s) Intercargo IPTA IMB IMO InterManager CEFORDNK WISTA UK Chamber GARD Global Shippers’ Forum Union of Greek Shipowners Asian Shipowners Forum UK P&I ClubNorth of England P&I Club London P&I ClubStandard P&I Britannia P&I Club 28 Industry Organisations

24. Leading the way; Making a difference

25. Thank You www.INTERTANKO.com Katharina.Stanzel@intertanko.com