1. Leading the way; Making a difference INTERTANKO Hellenic Mediterranean Panel Sustainability Project Thursday 10 April 2014 Athens

2. Leading the way; Making a difference Sustainability Project Make a real difference i.e. tangible outcomes Arguments need to work in any market Comply with competition rules

3. Leading the way; Making a difference Sustainability Project Late payment of freight Late payment of demurrage Tanker vetting INTERTANKO can raise its head above parapet on behalf of its Members

4. Leading the way; Making a difference

5. Sustainability Project Code of Conduct Establishes Members’ moral high ground Sets out how chartering/payment process should work...... and how owners, brokers, charterers should behave Arguments valid at practical and moral level...... and relevant in all market conditions

6. Leading the way; Making a difference Sustainability Project Code of Conduct Trying ultimately to change behaviour Chairman’s letter to charterers Expressed concern re late payments Invited dialogue on draft CoC Result: OCIMF letter to SIRE users ‘Use the system...’ Also new OCIMF incident reporting database

7. Leading the way; Making a difference Sustainability Project - Database Focus: late payment of freight and demurrage Need for database of specific payment information from members Why? To be able to prove trends which back up our arguments on late payments Proof of Concept >5,900 datapoints 2010- 2014 Database satisfies anti-trust criteria (MW)

8. Leading the way; Making a difference Data Security System designed by data encryption experts Your data is private to you and encrypted Secure login and data storage Secure connection through https protocol System servers located in purpose built hosting centre with best-of-breed security Your private data is only available to you, and to INTERTANKO administrators

9. Leading the way; Making a difference Data Security – designed by experts Data encryption mechanism is designed and built by Tradenet Tradenet designed, built and run the IHS Market Intelligence Network (MINT) system used by some of the world’s largest charterers MINT is a Geographic visualisation tool which plots over 2m ship movements per day aggregating cargo data. The MINT system is used and trusted by over 200 maritime and commodity trading businesses globally.

10. Leading the way; Making a difference

14. Sustainability Project - Database Database – value as resource to back up our findings re charterer payment performance. Database – value as resource for members to use benchmark overall and specific situation. Database – value increases as contributions of data increase. Database success depends on Members contributing their payments data and trusting us to handle this sensitive information.

15. Leading the way; Making a difference INTERTANKO Tanker Event New York 2014 7 May Council/AGM Partners’ Programme Annual Dinner at Westin Times Square

16. Leading the way; Making a difference INTERTANKO Tanker Event New York 2014 8 May Seminar: Sustainability – Moving the Story on Partners’ Programme Informal ‘Sky Room’ dinner

17. Leading the way; Making a difference INTERTANKO Tanker Event New York 2014 9 May Interactive workshops Air emissions Environmental regulatory overview Sanctions Security at sea Golf tournament