1 / 18

Overview of INTERCARGO Hellenic Mediterranean Panel - March 2011

This report provides an overview of the INTERCARGO Hellenic Mediterranean Panel, detailing membership statistics, budget insights, and key issues discussed in March 2011. With over 250 members and more than 3,400 tankers, the panel represents a significant portion of the independent tanker fleet. The report highlights the robust financial standing, operating results, challenges with piracy, greenhouse gas regulations, and efforts to maintain safety and operational quality. Additionally, it outlines the structured workplan for prioritizing these issues moving forward.

lalo
Télécharger la présentation

Overview of INTERCARGO Hellenic Mediterranean Panel - March 2011

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. HELLENIC MEDITERRANEAN PANELMarch 10, 2011 INTERTANKO OVERVIEW REPORT JOSEPH ANGELO MANAGING DIRECTOR

  2. MEMBERSHIP BUDGET SECRETARIAT EXCOM ISSUES WEB SITE INFORMATION COUNCIL ISSUES

  3. MEMBERSHIP • 250+ Members • 3,400+ Tankers • 270+ Million DWT • Members in 40+ countries • MORE THAN 75% OF THE INDEPENDENT TANKER FLEET • 330+ Associate Members

  4. MEMBERSHIP Members/million dwt No. of tankers

  5. BUDGET 2009 2010 2011 (Actual) (Year end (Budget) estimate) Total Operating Income (US$) 9,056,359 7,291,509 7,572,650 Total Operating Expenses (US$) 6,566,390 6,767,825 7,217,450 Operating Result 2,489,968 523,684 355,200 Non-operating Income/expenses 551,773 -25,000 -25,000 Result for Year 3,041,741 498,684 330,200

  6. BUDGET • Reasons for large operating surplus for 2009 year end - Virtual retention of all members in 2009 - Disciplined control of discretionary expenditures (limiting of activities) - Expenditures benefiting from strong US dollar against British pound and Norwegian Kroner • 2010 membership fees reduced by 10% • No change in 2011 membership fees

  7. SECRETARIAT • 22 STAFF MEMBERS IN 4+ OFFICES Oslo (8), London (12), Singapore (1) USA (1) + Brussels, Manila (consultant) • STAFF INCLUDES - Managing Director (New) - Deputy Managing Director (New) - Technical Director - Director, Regulatory Affairs - Marine and Chemical Director - General Counsel

  8. EXCOM ISSUES Budget High level discussions with OCIMF Minimum safe operating costs Piracy Greenhouse gas emissions 2011 Workplan priorities

  9. DISCUSSIONS WITH OCIMF High Level discussions (Chairmen) - “Best the relationship has ever been” Issues • Achievable greenhouse gas emission reduction targets for tankers • Piracy • Tanker officer competency and experience • Vetting matters • Mercury in crude oil, safety aspects • Guidance on generally accepted procedures for accident investigation/analysis/reporting.

  10. SAFE OPERATING COSTS Concern – current rates are below the minimum cost levels required to operate vessels safely Issues • Costs to operate a ship and Worldscale versus equivalent charter rates • Quality is important to both owners and charterers • Anti-trust concerns • Could be counterproductive (perception of lowering the “quality bar”?) • Reluctance to share costs Item for discussion with OCIMF

  11. PIRACY • Media campaign • Best Management Practice (BMP) compliance • Policy on armed guards • Marine Naval Liaison Officer (MNLO) supply

  12. GREENHOUSE GAS • Continue to support mandatory Energy Efficiency Design Index for new ships • Seek further information and clarification of Market Based Measures (MBM) • Finalize development of industry assessment of potential CO2 reduction measures • Launch “Virtual Arrival” project with OCIMF

  13. WORKPLAN PRIORITIES • Council approved workplan priorities • Executive Committee to overview detailed implementation of workplan • Secretariat developed detailed workplans for high priority workplan items (25) • Workplan is a “living document” • New workplan items to be submitted to Council for approval and appropriate priority

  14. WEB SITE INFORMATION Databases • Terminal vetting • Port information (port costs, reception facilities) • Vetting inspection feedback • PSC inspection feedback • Confidential Accident Reporting (CARP)

  15. WEB SITE INFORMATION Benchmarking (comparison with INTERTANKO fleet) • Vessel inspection questionnaire (VIQ) • TMSA 2 • Crew/officer retention • Lost time indictor

  16. COUNCIL • Venue - Astir Palace hotel Athens, Greece • May 9 – Council dinner • May 10 – Council meeting • May 11 – Tanker Seminar - Opening Session - Tanker market - Piracy - Technical session Ballast water management Greenhouse gas emissions

  17. COUNCIL ISSUES • Presentation “The ExxonMobil Approach to Assessing Marine Quality” • Piracy • Piracy campaign • Greenhouse gas emissions • Insurance/Documentary Committee • Membership criteria

  18. THANK YOU!! WWW.INTERTANKO.COM

More Related