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INTERTANKO to participate in OECD Working Party 6 on Shipbuilding

On 21 June, Paris INTERTANKO will be represented at the Organisation for Economic Co-operation and Development (OECD) Working Party 6 (WP6) on Shipbuilding 21 June in Paris, which will be a special session on market-distorting factors.The purpose of this special session of WP6 is to allow a back-to-basics review of factors that can distort normal competitive conditions in the shipbuilding industry. This will allow participants to explore some fundamental issues about the shipbuilding market, and to discuss market distorting factors from different perspectives.INTERTANKO is invited to provide input on a session on the current status of the shipbuilding industry and its susceptibility to distortion, which will include:Following the 2008 economic downturn, is the shipbuilding industry performing well, or declining? What is the expected supply/demand balance in the short-term? Is shipbuilding facing a significant overcapacity problem in the near future? Is shipbuilding more, or less, susceptible to distortions than other industry sectors? Do regular boom-bust cycles exacerbate the risk of distortions in the market? If there is overcapacity in the industry, can this act as a catalyst for distortion in the market?Since its creation in 1966, the OECD's Council Working Party on Shipbuilding has addressed factors that distort normal competitive conditions ...

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ReCAAP,INTERTANKO MoU signed in Singapore

Joint cooperation in the area of information exchange ReCAAP (Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia) and INTERTANKO formalised their co-operation by signing a Memorandum of Understanding (MoU) last week at INTERTANKO's Annual Event in Singapore. The MoU records a mutual understanding on joint cooperation in the area of information exchanges and establishes a platform for future collaboration. It was signed by Yoshihisa Endo, Executive Director of the ReCAAP ISC, and Capt Graham Westgarth, Chairman of INTERTANKO.Signing this MoU marks yet another step forward in furthering the already close collaboration between on the one hand the Asian Initiatives to combat piracy and armed robbery against ships in Asia, and on the other the international shipping associations representing the tanker community.At the opening of the signing ceremony, Westgarth remarked, "With this MoU, INTERTANKO and ReCAAP establish a framework for working together in the future built on the strong and positive cooperation since ReCAAP's establishment in 2006"."Such a Cooperative arrangement is one of the three pillars of ReCAAP," said Endo. "It allows a variety of organisations to collaborate and cooperate with the ReCAAP ISC in sharing information, and to participate in our capacity building programmes.We thank ...

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ReCAAP Information Sharing (ISC) and INTERTANKO sign MoU

Collaboration between the Asian Initiatives to combat piracy and armed robbery The ReCAAP ISC and INTERTANKO formalised their cooperation by signing a Memorandum of Understanding (MoU) on 11 May 2012. The Signing Ceremony took place at INTERTANKO's Annual Event organised for its members at Conrad Centennial Hotel in Singapore.The MoU records a mutual understanding on joint cooperation in the area of information exchanges and mutual support; and establishes a platform for future collaboration. It was signed by Mr Yoshihisa Endo, Executive Director of the ReCAAP ISC, and Capt Graham Westgarth, Chairman of INTERTANKO.The ReCAAP ISC, launched in Singapore in 2006, has signed similar cooperative arrangements with the International Maritime Organization (IMO), Asian Shipowners' Forum (ASF) and the Baltic and International Maritime Council (BIMCO). Signing this MoU marks yet another step forward in furthering close collaboration between the Asian Initiatives to combat piracy and armed robbery against ships in Asia and the international shipping association representing the tanker community.At the opening of the signing ceremony, Capt Westgarth remarked, "With this MoU INTERTANKO and ReCAAP establish a framework for working together in the future built on the strong and positive cooperation since ReCAAP's establishment in 2006"."Such a Cooperative arrangement is one of ...

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Tanker owners to explore piracy war zone option

INTERTANKO Council meeting in Singapore INTERTANKO is to open discussions with insurers and charterers about reclassifying the pirate infested waters off Somalia as a 'war zone' as opposed to a war-risk area to allow its owner members to legitimately avoid transiting the Gulf of Aden in favour of the longer route around the Cape of Good Hope, writes Sean Moloney.This controversial move was agreed at last week's INTERTANKO Council meeting in Singapore and negotiating an acceptable outcome could be one of the first tasks to be undertaken by the association's newly voted-in Managing Director Katharina Stanzel when she takes over as head of the secretariat on July 1st.Joe Angelo, INTERTANKO's outgoing Managing Director, told SMI: "We will look into the issue of making the area a war zone. By making it a war zone, it gives the owner the option of whether he wants to go through the zone or not. If it is a war risk area they have to go through it and deal with the issues associated with that. There is a big difference."Mr Angelo, who will return to his previous position of Deputy Managing Director and Director for Regulatory Affairs and the Americas, said reclassification of ...

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MPA/OCIMF/INTERTANKO hold joint Virtual Arrival Seminar

To improve fuel efficiency and reduce air emissions Over fifty charterers, terminal operators and INTERTANKO Members gathered on Tuesday in Singapore to consider the benefits of the Virtual Arrival (VA) concept. The gathering was organised jointly by the Maritime and Port authority of Singapore (MPA), OCIMF and INTERTANKO. The objective was to hear how the VA concept had been used in practice and consider further how the concept could be made more widespread to improve fuel efficiency and reduce air emissions.The MPA's Chief Executive of Operations, Capt Segar, chaired the session and provided the port authority's views on the concept, explaining the expected benefits of reducing the number of vessels waiting in the anchorage and subsequently reducing the risk of incidents.After an introduction to the concept by INTERTANKO's Senior Manager Research & Projects Erik Ranheim, it was then left to the Panelists to provide their experience in using Virtual Arrival. This was kicked off by BP's Nigel Tan who provided a very clear message that the success of the concept relied on the charter party clause and how this was formed.This led to a good discussion about the trust and transparency required between the charterer and owner with INTERTANKO's General ...

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New MD and five-year strategic plan herald new era for INTERTANKO

INTERTANKO's Council met in Singapore - Association's Annual Tanker Event INTERTANKO's Council met in Singapore this week during the Association's Annual Tanker Event which also saw a one-day Executive Committee meeting. The Council meeting was followed by the Annual General Meeting and the Annual Dinner for 200 Members and Associate Members which, despite depressing market conditions, was an upbeat gathering.Katharina Stanzel steps up as INTERTANKO's Managing DirectorINTERTANKO's Council unanimously confirmed the appointment of its current Deputy Managing Director, Katharina Stanzel, as Managing Director of INTERTANKO effective 1st July 2012. The Council noted with pleasure that Joe Angelo will return to his previous position of Deputy Managing Director and Director for Regulatory Affairs and the Americas."We are delighted that Kathi has been confirmed as INTERTANKO's next Managing Director," says INTERTANKO Chairman Capt Graham Westgarth. "Kathi's vision, and dedication and commitment to INTERTANKO and its Members will be invaluable as she takes over the leadership of our first-class international shipping association."We are also extremely pleased to have Joe continue with INTERTANKO as part of the leadership team. Joe agreed to take on the duties and responsibilities of Managing Director as part of our long-term succession plan and he has served us well ...

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European Parliament calls for stricter rules on sulphur emissions

Maximum sulphur content of 0.10% from 2015 As reported last, on 16 February, the Environment Committee (ENVI) of the European Parliament adopted its first reading position on the Commission proposal on the revision of the EU Sulphur Directive. In this first reading position, ENVI members suggest stricter sulphur limits for the EU than those stipulated in MARPOL Annex VI.To recall, on 15 July 2011 the European Commission came forward with its proposal to revise the EU Sulphur Directive (1999/32/EC), which lays down the maximum permitted sulphur content of heavy fuel oil, gas oil and marine gas oil used in the EU. According to the Commission, the main purpose of the revision of Directive 1999/32/EC is to align it with the 2008 amendments to MARPOL Annex VI and the new sulphur standards.According to the ENVI Committee's position, ships operating in Sulphur Emission Control Areas (SECAs), in EU territorial seas, and pollution control zones, would be required to burn fuels with a maximum sulphur content of 0.10% from 2015. In Exclusive Economic Zones (EEZ) ships would be required to burn fuels with a maximum sulphur content of 0.50% from 2015. As of 2020, ships sailing in EU waters (i.e. territorial seas, exclusive ...

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Round Table associations believe the timing is not right for an MBM

Round Table associations positions on GHG+MBMs As it issues its latest position paper on greenhouse gases from ships and market-based measures (attached below), the Round Table of international shipping associations (RT) is of the view that Market Based Measures (MBMs) are not justified at this particular time.The RT fully supports the adoption at IMO of mandatory Energy Efficiency Design Index (EEDI) for new ships and the Ship Energy Efficiency Management Plan (SEEMP) for all ships. It is convinced that the SEEMP will allow shipowners to better gauge their energy consumption and thereby enhance existing operational efficiency, since fuel is the single highest operational cost factor and this fact alone has already induced ship-owners to become more energy efficient.In the event that Market Based Measures (MBMs) are eventually introduced to shipping by IMO, these should apply globally and should completely address the nine principles adopted by IMO, it says.If ultimately it is found that technical and operational measures cannot wholly meet the agreed reduction targets, then any funds generated by means of a globally applied MBM for shipping must be controlled by IMO, says the RT, and, in large part, be disbursed to support further technological development focused on energy efficiency ...

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Round Table associations recommend against the application of EEDI to existing ships

EEDI formula in its present form is not supposed to be applicable to all ships The Round Table of international shipping associations (RT) supports the adoption of the new energy efficiency regulations for ships by the IMO in July 2011, which demonstrated the effective role of IMO in regulating worldwide shipping CO2 emissions. The measures include the Energy Efficiency Design Index (EEDI) for new ships and the Ship Energy Efficiency Management Plan (SEEMP) for all ships in service.The EEDI formula in its present form is, however, not supposed to be applicable to all ships. Indeed, it is explicitly recognised that it is not suitable for all ship types (particularly those not designed to transport cargo) nor for all types of propulsion systems.Parallel to the regulatory developments at IMO, a number of initiatives are seeking to apply the EEDI formula also to existing ships, using speculative data to establish the values. The RT strongly recommends against the application of EEDI to existing ships, as the values generated by such application can be misleading and can create unintended consequences. The focus for ships in service is - and should continue to be - on operational and commercial efficiencies.The EEDI separates the technical ...

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IMO Assembly Resolution on CLC and Bunkers Convention Certificates

There are 64 Contracting States to the Bunkers Convention INTERTANKO Members will recall that the Bunkers Convention came into force in November 2008 . It applies to all ships over 1000 gt.INTERTANKO advised at the time that there is nothing in the Convention which excludes tankers covered by the CLC regime. Each Convention is free-standing. The Bunkers Convention does only apply to spills which would not otherwise be compensated under the CLC. However, the CLC only applies to tankers when they carry persistent oil in bulk as cargo, or on the voyage immediately thereafter. In practice, therefore, the Bunkers Convention could apply on rare occasions when the CLC tanker is unladen. State Parties will likely therefore insist on a Bunker Convention certificate for CLC tankers whether or not the CLC applies.This advice has now been endorsed by the IMO Assembly in the attached IMO Resolution which recommends that State Parties to the Bunkers Convention:issue the certificate prescribed by the Bunkers Convention even when the ships concerned also hold a CLC certificate;require ships of 1,000 gross tonnage and above flying their flag or entering or leaving ports or offshore facilities in their territory to be insured and to hold a bunkers ...

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