1. INTERTANKO Tanker Chartering Seminar Kindly supported the India National Shipowners’ Association The Oberoi Hotel, Mumbai 3 October 2006 John Fawcett-Ellis, General Counsel

2. Meet the team! Bill Honan, Holland & Knight LLP Bill Honan, Holland & Knight LLP Prof. Martin Davies, Tulane Law School Prof. Martin Davies, Tulane Law School Rajeev Philip, Steamship Mutual Rajeev Philip, Steamship Mutual Tean Lim, Rajah & Tann Tean Lim, Rajah & Tann Sanjeev Bhandari, Crowe Boda Sanjeev Bhandari, Crowe Boda

3. Anti-trust Compliance Statement INTERTANKO is 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 this market. These laws include, of course, the antitrust laws, which the US, 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. This meeting will be conducted in compliance with INTERTANKO existing antitrust guidelines

4. The Role of INTERTANKO  Champion/promote responsible tanker operators  Participate actively in the IMO to ensure good international regulations for the industry  Forum for tanker operators to meet to exchange views on current issues  Provide first class advice and services to the membership

5. INTERTANKO’s Vision for the Tanker Industry: “A responsible, sustainable and respected industry able to influence its own destiny.”

6. The strength of INTERTANKO 252 members – operating some 2,490 tankers 300 associate members 27 staff lead by MD – Dr Peter Swift Oslo, London, S’pore and Washington DC Chairman – Mr Stephen Van Dyck 14 committees 4 regional panel, inc. Asian Regional Panel

7. INTERTANKO’s Chartering / Documentary services Documentary Committee Publications Legal advice & assistance Model clauses Freight and Demurrage Information Pool www.intertanko.com/legal&documentary

8. INTERTANKO/INTERCARGO Technical Seminar 22 November 2006 Hotel Renaissance Mumbai, India Free of Charge Seminar, prior to the International Maritime Conference (INMARCO) 2006 (23-25 November) Topics: Global governance structures and upholding international law - Dr Peter Swift, Managing Director, INTERTANKO Annex V and the problems associated with water washing - Roger Holt, Secretary General,INTERCARGO An update on the work of the Vetting Committee - Capt Howard Snaith, Marine Director, INTERTANKO MARPOL Annex VI and the impacts of its current revision - Dr Tim Gunner, Consultant, INTERTANKO Bulk Carrier casualties and incidents - observations and issues - Roger Holt, Secretary General, INTERCARGO Lifeboats update and visions for the future - Fredrik Larsson, Marine Manager, INTERTANKO The progress of IMO towards GHG emission control from Ships - Dr Tim Gunner, Consultant, INTERTANKO

9. Programme (am) Part A – Contract formation Part B – Voyage Charters Part C – Time Charters ***11-40 – Coffee break*** Part C – cont. Part D – Securitization of claims ***Lunch***

10. Programme (pm) Part E – Tanker bills of lading Part F – Case Studies *** 1530 – Coffee/tea break *** *** 1700 – The End!***