1. INTERTANKO’S Legal Work, issues, strategy & legal services Svein Ringbakken, Deputy Managing Director & General Counsel, INTERTANKO

2. Major Issues Oil Pollution Liability & Compensation Oil Pollution Liability & Compensation EU Draft Directive on Penal Sanctions EU Draft Directive on Penal Sanctions Key Tanker Chartering Terms Key Tanker Chartering Terms International vs Regional regulation UNCLOS protection International vs Regional regulation UNCLOS protection Use of Legal Means to promote the aims of INTERTANKO Use of Legal Means to promote the aims of INTERTANKO

3. Strategy behind involvement Important Tanker Issues Important Tanker Issues Realistic Chance of Influence Realistic Chance of Influence Co-operative Mode Co-operative Mode Few Key Issues, in-depth involvement Few Key Issues, in-depth involvement Full Integration with lobby programs Full Integration with lobby programs Washington State/Sulphur Content Regulation Washington State/Sulphur Content Regulation Reliance on industry legal experts and membership resources combined with specialist Secretariat team Reliance on industry legal experts and membership resources combined with specialist Secretariat team

4. Legal Services General Legal Advisory Work General Legal Advisory Work Tanker Regulatory Work IMO, US, EU Tanker Regulatory Work IMO, US, EU Specialist support available Specialist support available Knowledge or means to check local resources Knowledge or means to check local resources Charter Party Advisory Service Charter Party Advisory Service Freight and Demurrage Information Pool (FDIP) Freight and Demurrage Information Pool (FDIP)

5. FDIP Claims notified: 79 (USD 5,2m) Claims notified: 79 (USD 5,2m) Claims settled: 37 (USD 4,1m) Claims settled: 37 (USD 4,1m) Claims reported: 20 (USD 949,359) Claims reported: 20 (USD 949,359) Average no. of days between notification and settlement: 34 Average no. of days between notification and settlement: 34 Action in co-ordination with members –careful not to upset commercial relations Action in co-ordination with members –careful not to upset commercial relations