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TMS Tanker Shipping Conference Session 1: Assessing the short and long term picture

15th September 2021, Dubai, UAE: The sixth annual The Maritime Standard Tanker Conference takes place on 23 November in person at the Dubai World Trade Centre, and one of the highlights of the programme is sure to be the opening Session 1, which has the theme ‘Tanker trades – assessing the short and long term picture.’

Clive Woodbridge, Conference Editor, says, “The opening part of the Conference sets the tone for what is going to be a really informative and stimulating day. There is a lot of uncertainty about the immediate and longer term outlook for tankers and the top quality speakers we have lined up for this session will get proceedings off to a high tempo start.”

Kicking off the initial session, conference attendees will hear a keynote speech by Dr Ibrahim Al Nadhairi, CEO of ASYAD Shipping and Drydock Services. This presentation will provide a unique perspective on tanker markets, as the company is both a leading tanker operator and a provider of drydocking services. Clive says, “We are delighted and very fortunate to have someone of Dr Ibrahim’s calibre and experience to be our keynote speaker this year. I am sure his observations on overarching market trends will be of great interest.”

Moving onto the main part of Session 1, panellists will reflect on recent changes to regional oil and petrochemical trade flows, future market prospects as well as tanker fleet growth projections. Speakers will look at markets both from a global perspective and also at the specific characteristics of the Middle East and Subcontinent trades.

Shipowner executives confirmed to speak in Session 1 include Captain Abdulkareem Al Masabi, CEO of ADNOC Logistics & Services, and Mrs H.K Joshi, Chairperson and Managing Director of the Shipping Corporation of India. They will assess likely tanker shipping trends over the short and longer terms, and how their companies are adjusting priorities, plans and strategies to reflect these trends. This will include initiatives underway to strengthen their respective tanker fleets.

The ports and terminals perspective will be provided by DP World’s Captain Nasser Sabt, Director of Marine at Jebel Ali Port, and Captain Maktoum Al Houqani, Chief Corporate Authority Officer, Abu Dhabi Ports. They will reflect on the liquid bulk trade patterns that the two leading UAE ports are seeing and their plans to facilitate tanker trade growth over the coming years.

Leading the biggest tanker repair yard in the region, Captain Rado Antolovic, Chief Executive of Drydocks World, will describe demand scenarios for repair and upgrade services from the sector, and will highlight the master plan the yard is preparing to ensure it can continue to provide high levels of service to tanker owners and operators as their requirements evolve.

Session 1 will also include a presentation by Andy McKeran, Business Director, Maritime Performance Services, Lloyds Register, who will describe some of the ways that the leading classification society is helping tanker shipping companies improve their operational efficiency. In addition, Navin Kumar, Director, Maritime Research at Drewry Shipping Consultants, will draw on his deep interest in cost modelling for shipping and what is described as a “natural affinity for number crunching” to present an overarching review of prospects for all tanker shipping sectors.

Clive, who will chair Session 1, adds, “Many market analysts believe that short term pain will give way to significant longer term gains as the market fundamentals rebalance. Ultimately it seems there is no reason why the rest of the 2020s should not be years of growth for those active in tanker shipping and I expect that speakers in this first session will underscore the opportunities that exist in the short, medium and long term, while not downplaying the very real challenges.”

For more information about the conference and how to register please go to: https://tmstankerconference.com/

Tanker Shipping Conference returns to World Trade Centre Dubai

The Maritime Standard, the Dubai-based specialist events organiser and publisher, has announced that the sixth edition of the popular TMS Tanker Conference series will take place in Dubai on November 23rd, 2021. It will return to Dubai’s World Trade Centre where last year’s ‘hybrid’ event, seamlessly blending participation both in person and virtually online, offered up an exciting and fresh format, creating innovative, but safe, opportunities for engagement and participation.

Trevor Pereira, Managing Director of The Maritime Standard, says, “Last year we were the only company able to hold a maritime conference in person, with 150 people in the ballroom and another 100 online, and we plan to build on that positive experience again in 2021. As the only tanker trade event that took place physically in 2020 it undoubtedly helped sustain the momentum of the market and we believe it will do so again. There is a clear sentiment as we recover from the depths of the pandemic that people want to go back to face to face meetings and this event will certainly be the one for people in the tanker shipping business to attend and meet up with friends and clients as they did in the past.”

The conference programme that is being put together will feature three separate sessions packed with top quality and influential leaders from the regional and global tanker business and support sectors. The event will take stock of the effects of the global pandemic and assess likely trends in the crude oil chemicals, and products trades. It will also spotlight the key operational, technical, and environmental issues facing the tanker shipping business and possible solutions. The Conference will further look at new technology developments, including digitalisation, regulatory factors, and the development of support services, amongst other topics.

Top quality presentations from leading figures in the tanker shipping business will give participants a privileged insight into what the future holds for the regional tanker trades as well as a global perspective. TMS is putting together an informative, thought-provoking and insightful programme that will draw on the expertise of industry leaders who will lead inclusive discussion and debate. Further details of the programme will be released in the near future. To keep updated go to: https://tmstankerconference.com/

TMS Tanker Conference programme to focus on return to market stability

The sixth annual The Maritime Standard Tanker Conference, which takes place on 23 November at the Dubai World Trade Centre, will adopt the theme Tanker shipping: Charting a course back to market stability. This year’s event is being held following something of a roller coaster ride for the tanker shipping business over the past 18 months or so, with unexpected highs followed by lengthy periods of extreme difficulty in many markets.

Clive Woodbridge, Conference Chairman and Editor of The Maritime Standard, says, “The impact of coronavirus and the knock-on effects on the global economy, as well as ongoing political and trade tensions, has made tanker shipping markets very volatile and difficult to predict. Nonetheless, there seems no reason why the tanker shipping business should not quickly return to stability early in 2022 and the aim of the TMS Tanker Conference will be to explore ways of achieving and preparing for that goal.”

While the pandemic, and its associated economic impact, represents perhaps the dominant challenge facing the tanker shipping segment, there are other issues too. The global battle against climate change has ushered in new rules and regulations which will continue to impact tanker shipping, while the acceleration of digitalisation offers significant new opportunities. The safety, security and health of crew has risen up the agenda, and cybercrime is another topic of growing concern.

All of these and more will be covered in the programme which will have three main sessions. Session 1 in the morning will assess the short and long term prospects for the tanker shipping business; Session 2 in the afternoon will highlight the importance of support businesses and services for tanker trade growth and development; while the final Session 3 will look at how the business can harness new technology and fresh ideas to shape the future course of the tanker shipping business.

Clive adds, “After a period of extreme volatility the emphasis now is on how to bring the market back first to stability, and then growth, so decisions taken now could have hugely important and enduring effects. Attendees at this year’s Conference will get a unique and privileged insight into the thinking and strategies of influential executives and key companies in this sector, and as a result will leave better placed to take decisions that will facilitate business recovery and growth within their organisations.”

For more information about the conference and how to register please go to: https://tmstankerconference.com/

2020 VIDEOS

Keynote Address by H.E. Eng. Ahmed Mohammed Shareef Ali Al Khoori, Director General, Federal Transport Authority – Land & Maritime

Keynote Address by Capt. Abdulkareem Al Masabi, CEO, ADNOC Logistics & Services

Keynote Address by Shehab Al Rahma, Manager- Oil Terminal, DP World – UAE Region

Interview with Khalid Alhammad, Director Fleet Management, Bahri Ship Management

Interview with Andrew Baird, Partner, WFW

Interview with Hans-Christian Mordhorst, COO, Marcura Group

Interview with Fazel A. Fazelbhoy, CEO, Synoff Synergy Offshore

Interview with Nijoe Joseph, Partner, Stephenson Harwood

Interview with Pawan Sahni, Business Development Director ME & AF, DNV GL – Maritime

Interview with Capt. Zarir Iràni, MD, Constellation Marine Services

Interview with Rashid Isa Rishi Al Heddi, Group MD, Seamaster Maritime

Interview with Shehab Al Rahma, Manager- Oil Terminal, DP World

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