Leading the way; making a difference The Tanker Industry Energy round-table forum Québec 15 June 2015 Erik Ranheim Senior Manager IT/Web, Research and.

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Presentation transcript:

Leading the way; making a difference The Tanker Industry Energy round-table forum Québec 15 June 2015 Erik Ranheim Senior Manager IT/Web, Research and Project Section

Leading the way; making a difference International Association of Independent Tanker Owners Owners 210 Members from more than 40 countries 230 Associate Members Spokesman Advisor Forum INTERTANKO is present where decisions on tankers are taken 45 year anniversary 2015

Leading the way; making a difference 55% of the crude oil is transported by sea Adding petroleum products, 75% of oil consumed is transported by sea

Leading the way; making a difference An expanding industry Type of tankers> 10,000 dwt In addition there are 8,800 tankers, all types and sizes below 10,0000 dwt Tankers build on more than 100 years of experience

Leading the way; making a difference A costefficient industry

Leading the way; making a difference The Tanker Industry is regulated by a comprehensive International Regulatory Regime Safety and pollution prevention in shipping is regulated by UN’s International Maritime Organisation through comprehensive Conventions developed over 60 years: MARPOL SOLAS STCW + COLREG Load line Search and rescue ISPS etc Shipping is also regulated by ILO, the Law of the Sea and other national and international regulations

Leading the way; making a difference The tanker Industry is Subject to a Comprehensive Control Regime Flag States Statutory Classification Societies DnV GL / ABS / LR Class standards / statutory / commercial controls Port States control Insurance - Hull - P&I Charterers Vetting zero tolerance for accidents

Leading the way; making a difference The tanker industry has a high degree of safety Source: ITOPF/Fearnleys/Lloyd’s Information Unit *2010s is a projection based on 5 years % of of the oil transported safely % of of the oil transported safely 000 ts oil spilt per decade bn tonne miles transported per decade

Leading the way; making a difference Large tanker accidents Include fatalities on other ships types in connections with collisions

Leading the way; making a difference Source: INTERTANKO, based on incident reports from LMIU and pollution figures from ITOPF Tanker incidents - all tanker types and sizes Number incidents1,000 ts oil spilt INTERTANKO records each tanker incident reported

Leading the way; making a difference The tanker industry pay up 3 rd party Insurance and Liability P&I Club The Group of P&I Clubs The Group of P&I Club re-insurance The Fund Convention goes beyond shipowner's liability limited obligations $750 m SDR. Will have to pay whole amount if not shipowner liable or owner cannot pay Conventions under auspice of IMO The Civil Liability Convention (CLC) places strict liability for damage from oil pollution on the shipowner Shipowner Pollution victims Cargo owners

Leading the way; making a difference Other Main Challenges for Tankers Invasive spices – ballast water management Cleaner air, sulphur, nitrogen, soot,… Annex VI implemented/date uncertain 1920/25 GHG reduction Existing ships improved procedure, new ships more energy efficient Cleaner seas Acidification of oceans Anti-fouling Systems Garbage, other pollutions into the sea

Leading the way; making a difference A mature but expanding industry developed over more that 100 years Subject to comprehensive international regulations worked out by IMO over some 60 years Controlled by authorities, class and charterers Subject to strict liability for oil pollution Working for continuous improvement The tanker industry The International Association of Independent Tanker Owners Summing up