Dubai, United Arab Emirates.-Thursday, October 26th 2017 [ AETOS Wire ]
The second The Maritime Standard Tanker Conference, which took place at the Grosvenor House Hotel, Dubai, on 24th October, underlined the potential that exists for growth and development within the region's tanker sector. To achieve this, however, speakers stressed there was a need not just for investment, but closer collaboration between different stakeholders, to create the foundations for sustainable success. Other key themes included environmental regulations and their impact on tanker shipping; crewing and the need to invest in human capital; and the implications of digitalization and ‘Big Data’ for this business.
The Conference was a sell-out this year, with a packed Conference hall hearing from a host of top speakers from different segments of the tanker business and support sectors. The event attracted a top quality audience of more than 150 people, including delegates from all the leading tanker owners and operators from across the region.
The high profile one day Conference, organised by The Maritime Standard, a division of Flagship Events, provided a unique insight into what is happening in the tanker market and the likely trends over the years ahead. The messages were relevant not just for tanker owners and operators, but all companies providing services to the tanker sector.
The keynote speeches set the tone for an enlightening day. H.E. Sheikh Talal Al Khaled Al Sabah, chief executive of Kuwait Oil Tanker Company (KOTC), gave the audience the full benefit of his many years of experience with some unique insights into likely market patterns. He was followed by Abdullah Bin Damithan, commercial director, DP World, who outlined Dubai’s intention to invest to create a multi-faceted petrochemicals hub that will have significant implications for tanker and related trades.
Speakers in the first session who discussed the key political and economic factors affecting the tanker market, included Chris Peters, chief executive, Emirates Ship Investment Company; Gaurav Moolwaney, executive director, Standard Chartered; Ali Shehab, deputy CEO, KOTC; and Philip Tinsley, maritime security manager at BIMCO.
There then followed a session focusing on the challenges and opportunities facing the market, which contained some thought providing comments from Petros Doukas, chairman of Capital Partners and former Greek deputy minister of Finance and Foreign Affairs. The high quality panel in this session also included Tarik Al Junaidi, chief executive, Oman Shipping Company; Omar Abu Omar, president, maritime and operations, Gulf Navigation Holding PJSC; and Roger Harfouch, regional director, Marlink Communications, who offered some thoughts around the impact of digitalization on this sector.
A final session on the need to build maritime clusters of services and expertise, chaired by Richard Briggs, executive partner, Hadef & Partners; heard about the importance of the new Emirates Maritime Arbitration Centre. There was also a chance to gain valuable insights from Dr Ruanthi De Silva, chief executive of SCM Plus; Thomas Kriwat, chief executive, Mercmarine; Lakshmi Janarthanan, commercial director of Drydocks World Dubai; Ralph Becker, head of business development-Middle East, DNV GL; and Katherine Yakunchenkova, general manager, Al Safina Security. The event rounded up with a chance for speakers and attendees to network informally at a special reception.
Trevor Pereira, managing director of The Maritime Standard, said: “This was our second Tanker Conference and it exceeded our expectations, as we completely sold out. Everyone who came left with some important messages to take back to their companies and the feedback about the quality of the presentations has been overwhelmingly positive. As well as getting unique insights from some of the top names in the industry, the networking opportunity was exceptional, with delegations from many different countries in the room.”
TMS is already planning the third Tanker Conference in 2018.Details will be available on the TMS website.
Editor’s Note: About The Maritime Standard
The Maritime Standard (TMS) publishes a regular e-newsletter aimed specifically at the shipping and maritime community. It is delivered fortnightly, on the 1st and 15th of every month, and has built up a circulation of more than 40,000 recipients. It delivers the most accurate, up-to-date news about the market and has built up the largest circulation of any shipping-related online newsletter in the Middle East and India. It is also gaining popularity in other major shipping hubs, including Oslo, Hamburg, Singapore and Greece. The newsletter includes news and analysis from the shipping and ports industries and related sectors in the Middle East and Indian Subcontinent. Topics that are covered include tanker, container, dry and liquid bulk, ro-ro, and cruise shipping; terminal operations; port development; classification; ship repair and conversion; shipbuilding; ship agency; finance and insurance; maritime law; and transportation & logistics. The newsletter regally carries exclusives, analysis and interviews with top executives.
A very successful first edition of the TMS UAE Yearbook was published in 2016, covering all the major sectors of the shipping, ports and maritime industry in the UAE. The publication was launched at SMM in Hamburg in September and generated a high level of interest. The in-depth analysis of port, shipping, shipyards, maritime law, classification, regulation and inland transports on, and other topics, was well received by the industry. The Maritime Standard UAE Yearbook 2017/18 is now out. Covering developments in the fields of shipping, ship management, ports, shipbuilding and repair, maritime law, insurance and other maritime industry’s sectors; The Maritime Standard UAE Yearbook 2017/18 is a must-read publication for everyone interested in UAE maritime issues. The publication can be downloaded by going to: http://www.themaritimestandard.com/uae-yearbook- 2017-18.
The not-to-be missed The Maritime Standard Awards recognise and celebrate success in the shipping, ports and related sectors across the Middle East and Indian Subcontinent. The Awards are now positioned as one of the world's leading shipping and maritime awards dinners and are the premier event of their kind in the region. The Maritime Standard Awards 2016, held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority and chairman Emirates Airline and Group, attracted close to 700 of the region's elite shipping and maritime professionals, as well as a number of leading figures from overseas. These guests came from a variety of industry segments, ranging from ports and terminal operators to ship owners and managers, and executives from the worlds of maritime law and finance, classification, ship building and repair and maritime education and training. The 2016 event had Jim Clancy, the well-known former CNN news anchor, as master of ceremonies, following on from Alistair Campbell and Ruud Gullit in 2014 and 2015 respectively. As well as 21 general awards categories, the TMS team presented 7 special individual awards recognising the contributions made by high profile industry leaders and innovators. The Awards have set a benchmark within the industry and have become an eagerly anticipated meeting place for top executives from across the business, where they can meet, network and create new opportunities. The Maritime Standard Awards 2017 will take place on Monday, 23rd October 2017 at The Atlantis, The Palm, Dubai.
The first The Maritime Standard Tanker Conference took place on 25th October 2016 at the Grosvenor House Hotel, Dubai, and attracted a high level audience who were able to hear presentations from many of the region's leading tanker owners and operators, as well as experts in related fields. Attendees included key decision makers and opinion formers and the event was hugely informative, also presenting opportunities for networking and face to face contact. Those present were given a unique insight into the challenges and opportunities not just for ship owners and operators active in the tanker markets, but those delivering products and services to this sector.
For more information go to the website: www.tmstankerconference.com
The second Maritime Standard Ship Finance and Trade Conference took place at the Sheraton Abu Dhabi Hotel and Resort, on November 14th 2016. Like the first Conference, also held in Abu Dhabi, it was hugely successful, bringing together experts from the fields of shipping, ports, banking, finance, trade and maritime law, among others, to discuss and debate the key issues and trends facing the shipping business, and trade, in the Middle East and the Indian Subcontinent. They willingly shared their insights and knowledge through a series of presentations and panel discussions, signposting the way forward, and identifying the key challenges ahead, as well as the significant opportunities that exist. A high level panel of speakers dealt with a number of themes including regional trade patterns, ship finance and ports and shipping. Speakers and attendees alike praised the content of the conference and the networking opportunities presented. There was appreciation of the fact that leading executives shared their industry knowledge and pointed the way to opportunities to adapt to evolving market situations in line with their forecasts.
For more information go to the website: www.tms-shipfinanceandtrade.com
The Maritime Standard (TMS)
(A Division of Flagship Events LLC)
Ammaar Murtaza Moosa, +971552454466
Tel: + 97143805556, Fax: +97143805509
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