1. an introduction to INTERTANKO International Association of Independent Tanker Owners Tim Wilkins Regional Manager Asia-Pacific Environmental Manager

2. Anti-Trust/Competition Law Compliance Statement INTERTANKO’s policy is to be 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 these markets. These laws include the anti-trust/competition laws which the United States, 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. INTERTANKO’s activities will be conducted in compliance with its Anti- trust/Competition Law Guidelines.

3. 1.The Tanker Industry 2.INTERTANKO a.who: tanker owners and the industry b.why: tanker owner interests c.how: governance structure d.what: INTERTANKO issues

4. World Oil Supply 1900-2005 (Million bls/day) 1. Tanker Industry

5. Emerging Oil Demand Courtesy: Braemar Seascope / Source: IMF 1. Tanker Industry

6. Crude Imports (m tonnes) Source: Braemar Seascope 1. Tanker Industry

7. Oil consumption per capita (Litres/day - 2003) 1. Tanker Industry

8. The World needs Tankers World Oil Consumption 3.7 billion ts Transported by sea 2.3 billion ts > 60% transported by sea. As an Industry we may not be loved BUT WE ARE NEEDED 1. Tanker Industry

9. Tonnes spilt per billion tonne-mile transported So long as we have a demand we will have a risk… 1. Tanker Industry

10. Source: ITOPF. Number of spills above 700 tonnes. Development of Oil Spills 1. Tanker Industry

11. Zero tolerance 1. Tanker Industry

15. International Association of Independent Tanker Owners A non-governmental organization established in 1970 to speak authoritatively and proactively on behalf of tanker operators at international, regional, national and local level Representing oil and chemical tanker owners 260 Members 40+ countries 2,650+ tankers 220 million dwt 75% of independent tanker fleet 85% of chemical tanker fleet 300 Associate Members 2. INTERTANKO

16. MISSION “Provide leadership to the Tanker Industry in serving the world with safe, environmentally sound and efficient seaborne transportation of oil, gas and chemical products.” VISION for the TANKER INDUSTRY “A responsible, sustainable and respected Tanker Industry, committed to continuous improvement and constructively influencing its future.” 2. INTERTANKO

17. INTERTANKO and its Members’ Goals 1. Be the representative forum of choice for all quality tanker owners and managers. 2. Enhance public and political awareness of the importance and positive performance of the tanker industry. 3. Promote balanced terms of trade and a competitive, transparent and sustainable tanker industry. 4. Lead the development, acceptance and implementation of uniform, worldwide international tanker standards 5. Lead in establishing and maintaining partnerships, cooperation and open and constructive dialogue with the relevant maritime authorities, organizations, associations and special interest groups. 2. INTERTANKO

18. 1.ISM/Maintenance Requirement 1.1Entry of Tank vessels into Membership 1.2 Classification Societies 1.3 Insurance Cover 1.4Transparency of Ownership 1.5 State Owned Companies entry criterion 1.6 IMO Voluntary Flag State 2.Best Practices 2.1 Budget Resources 2.2 Breaches of MARPOL 2.3Reporting Deficiencies to Class 2.4Leading Industry Performance 2.5IMO Pilotage Recommendations for Danish Waters 2.6Guide for Correct Entries in the Oil record book 2.7 Right Whale Avoidance 2.8 Best Practice - Cadet Berths 2.9IMO Guidelines for Lifeboat Safety 2.10Incident Transparency 2.11 Ballast Water Management Plan 2.12 Emergency Response for Damage Stability 2.13 Monitoring Members Detentions 2. INTERTANKO Membership criteria/Best practices:

19. INTERTANKO Services INTERTANKO represents and promotes the interests of responsible oil and chemical tanker owners worldwide and provides members with technical, operational, legal, documentary and other support services, information and advice 2. INTERTANKO 25 Secretariat London, Oslo, Washington & Singapore 14 Committee’s and 4 Regional Panels 50+ Work Items on the Agenda

20. Member Company Regional ManagerIssue Manager Member Company INTERTANKO Position Issue Developing an INTERTANKO Position 2. INTERTANKO

21. Q-Quest Sub-Committee Secretary: Kristian Fuglesang Management Committee Secretary: Peter Swift Shipowner Issues Sub- Committee Secretary: Peter Swift Governance Structure 14 Committees 4 Regional Panels

22. Example: INTERTANKO’s Environmental Committee 16 Members Provide mandate for INTERTANKO position on environmental issues Issues: Internally Driven, proactive - Environmental Awareness - Environmental Management Systems - Sustainability in Shipping Externally Driven, reactive - IMO - Regional (EU), national and local issues 2. INTERTANKO

23. INTERTANKO Services INTERTANKO represents and promotes the interests of responsible oil and chemical tanker owners worldwide and provides members with technical, operational, legal, documentary and other support services, information and advice 2. INTERTANKO

24. Weekly NEWS www.intertanko.com –issue background and updates –port information disbursements reception facilities –terminal vetting database terminal experience and information –Q88 –TMSA benchmarking –Presentations meeting possibilities –INTERTANKO tanker events –committee meetings –seminars –workshops INTERTANKO Services: Using INTERTANKO

25. 2. INTERTANKO advice on charter party questions advice on international regulations market information –statistics –world economy –oil market –tanker and chemical fleet –casualties and oil spills guidance and information publications –50% off the purchase price of publications Freight and Demurrage Information Pool –a database of charterers' records on settlement of freight and demurrage –receive assistance in securing payment of outstanding demurrage claims INTERTANKO Services: Using INTERTANKO cntd.

26. Air Emission AIS - Automatic Identification Systems - (Navigation) Antifouling paints - (Environment) Anti-terrorist legislation - shipowners' liability Anti-trust/Competition Law - (Legal and Documentary ) Average Most Probable Discharge (AMPD) - (North American Issues) Ballast Water Guidelines - (Ballast water ) Ballast Water Legislation - (Ballast water ) Best Management Practices for the control and reduction of “inadvertent” cargo vapour emissions from tankers - (Air Emission) Best Practise - Cadet Berths - (Human Element) Biofuels - (MARPOL Annex II The Revisions) Bunkering - general - (Bunkers) Charter Party Advice - (Legal and Documentary ) Charter Party forms - (Legal and Documentary ) Claims of Affiliates and under Bills of Lading clause – P&I cover prejudiced - (Charter Party Advice ) Coating on cargo tanks - (Technical ) Company Security Officers (CSOs) – guidelines on training and certification - (Security) Compensation limits for oil pollution - (Tanker facts) Co-operation with pilot associations - (Pilotage) Crew Visas - (Security) CRUCLEAN - (Technical Projects) Crude oil densities - (Phase out) CRUMECON - (Technical Projects) Danish Pilotage & Model Clauses - (Pilotage) 2. INTERTANKO

27. Electronic Charts - (Navigation) Emission Trading - (Air Emission) Environmental Awareness - (Environment) EU Ship Source Pollution Directive litigation - (Legal and Documentary ) Fatigue - (Human Element) GHG Indexing of Ships - an INTERTANKO Model - (Air Emission) Global integrated shipping information (GISIS) database HNS Convention Hydrogen Sulphide in Bunkers and Crude Oil - (Bunkering - general) Industry Reception Facilities Forum - (Reception Facilities) Inter-Industry Group reports to the IMO on human factors - Regarding Inert Gas International best Practices Maritime Pilotage - (Pilotage) Bunkering Guide - (SECA) Chartering Publications - (Legal and Documentary ) MARPOL Annex II VOCON Operational Procedure - (Air Emission) ) INTERTANKO’s Freight and Demurrage Information Pool - (Legal and Documentary ) - (Oil Spill Liability and Compensation) Joint War Committee (JWC) - (War Risk Cover) Lifeboat Working Group - (Lifeboats) LOF 2000 (SCOPIC) - (Pollution Prevention) Long Range Identification and Tracking (LRIT) - (Security) MARPOL Annex VI - (Air Emission) Material Safety Data Sheet (MSDS) - (Technical ) (Vetting/Ship Inspections) Newbuilding Standards: Extended guarantee/net-scantlings/corrosion margins - (Technical) Oil Pollution Clause - (INTERTANKO Model Clauses) 2. INTERTANKO

28. Oil Spill Liability and Compensation - (Insurance) Oil supply and demand - (Research and Projects) OPA90 - (Regulatory schedules) Operational/Safe Manning - (Human Element) OPRC-HNS Protocol - (Chemical ) Overview of the 1992 CLC & Fund Regime - (Insurance) Phase out statistics - (Research and Projects) Pilotage - (Marine safety) Piracy updates - (Piracy) Pollution casualties - ITOPF - (Casualties) Pollution Prevention - (Environment) Port Costs – Worldscale clause - (INTERTANKO Model Clauses) Port State Control - (Research and Projects) Product evaluation and cargo classification by 12th Session of ESPH 12 Working Group - (MARPOL Annex II The Revisions) Protection of Bunker Tanks - (Technical ) Protective coatings of dedicated seawater ballast tanks required in all types of ships and double-sided skin spaces of bulk carriers - (Technical ) Questionnaire 88 - (Vetting/Ship Inspections) Reception Facilities - (Environment) Revised IBC Code & MARPOL Annex II - (MARPOL Annex II The Revisions) Sale and purchase - (Research and Projects) Salvage & firefighting requirements - (North American Issues) ) SECA Entry Guide - (SECA) Security, terrorism - (Piracy) Sewage Regulations - (Environment) Single-hull tanker phase-out calculator - (Phase out) 2. INTERTANKO

29. SIRE (Ship Inspection Reporting System) - (Vetting & port state control) SMPEP & SOPEP - (Pollution Prevention) SOPEP-National Contacts - (Pollution Prevention) Tank Level and Pressure Monitoring (TLPM) - (Technical) Tanker Chartering Seminars - (Legal and Documentary ) Time Charterparty Clauses TMSA - (Vetting/Ship Inspections) TOPIA 2006 charterparty clause (for all tankers) - (INTERTANKO Model Clauses) Total tanker incidents 1978-2005 - (Casualties) TOTS (Tanker Officer Training Standards) - (Vetting/Ship Inspections) Trading requlations/sailing restrictions - (Ports and Terminals ) Tug escorts - (North American Issues) Under Keel Clearance (UKC) Guidelines - (Navigation) US - Automated Manifest System (AMS) US Coast Guard Chemical Transportation Advisory Committee USCG QUALSHIP 21 - (Port state control) Vapour Emission Control Systems Standards Vessel Data Recorders (VDR, Black boxes) Vetting/Ship Inspections War Risk Cover Whale and Cetacean Conservation Winch Brake Settings Worldscale Wreck Removal Convention 2. INTERTANKO

30. Liaison INTERCARGO International Chamber of Shipping (ICS) BIMCO Oil Companies International Marine forum (OCIMF) Individual oil companies Ports Associations (reception facilities, terminal vetting) Pilots PSC (MoUs) Local, National, Regional and International regulatory bodies 2. INTERTANKO Round Table of International Shipping Associations (RTisa)

31. thanks…now any questions? 2. INTERTANKO