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BIMCO announces the programme for its annual conference Perspectives in Shipping 2014

Protecting and Developing Your Business – Jumeirah Beach Hotel, Dubai on 29 April 2014 You are invited to join us on 29 April 2014 where the full day conference Perspectives in Shipping 2014 will focus on issues impacting all shipowners and help you to protect and develop your business. His Excellency Sultan Ahmed Bin Sulayem the Chairman of DP World (TBC) will open the conference. He will be followed by Captain Jitendra Misra, Managing Director of Emarat Maritime. The scene will be set by Peter Sand, BIMCO’s Chief Shipping Analyst, who will present a Shipping Market Overview & Outlook.The conference will then split into two exciting parallel tracks for you to choose from Track 1: A role playing exercise on resolving a maritime casualty – the mess, the media and the mediators Through the muddle and confusion that immediately follows a maritime casualty – a grounding, a collision or even a total loss – the shipowner must think clearly and tread carefully, looking after the welfare of his crew and minimising damage to the environment. What are the do’s and don’ts for the prudent shipowner? Who should he confide in, and to whom should his lips be sealed? Co-operation is the key to successful crisis management, but of equal importance is managing the media. And then there will be claims to be dealt with. Many claims. Arbitrators will be appointed, each side will gather a small army of lawyers and experts, and battle lines will be drawn. This track will include a vibrant and interactive casualty simulation against this complex backdrop of events. The role playing exercise will be directed by Lindsay East, Consultant, Reed Smith, London, and will further include experts well-versed in maritime casualty work: Chirag Karia Q.C., London, Nevil Phillips, Barrister, London, Han van Blanken, Shipowner, Rotterdam, John Tsatsas, LMAA Arbitrator and Mediator, Chartered Shipbroker, Chartered Arbitrator, London. The media role will be carried out by the Editor-in-Chief Julian Bray from TradeWinds. The mock arbitration will have a unique twist – it will involve high-profile maritime arbitrators from the world’s three main arbitration venues as listed in BIMCO’s Dispute Resolution Clause represented by: Jude Benny, Lawyer and Maritime Arbitrator from Singapore, Bruce Harris, Maritime and Commercial Arbitrator from London, and David Martowski, Arbitrator/Mediator from New York - each with possible different approaches to resolving the dispute. Most importantly, this experience will involve the audience at each stage as the story unfolds. Armed with an interactive voting meter, each member of the audience will be asked what they would do next and help determine the outcome of the affair. We can’t stop your phone ringing in the middle of the night – but this event might just help you be better prepared when that phone rings. Track 2: Upcoming regulatory requirements may erode your ticket to trade Never have regulatory changes been more challenging for shipowners than in the next decade. A Ballast Water Treatment System will be one of the most expensive pieces of equipment on board your ship, but will it work? The marketing material says their system works in all conditions, and is suitable for any vessel. Will it really work reliably in all water conditions? Will all port states be happy with the results? Acquiring the wrong system will be an expensive mistake. What are the pitfalls? What are the questions you should be asking? The key issues will be presented by high-powered professionals from Wärtsilä, Alfa Laval, and ClassNK. Emission control regulations are fast approaching and high oil prices are set to stay. Everyone is worrying about the availability and price of low sulphur diesel, but what are your options? Will scrubber technology really work? Is there a business case for continuing to use heavy fuel? Is LNG really a possibility, and what other fuels may be available? In the past, everyone burnt heavy fuel oil, the future may not be so simple! This may be the biggest game-changer for the industry since the end of the sailing era over 100 years ago. This session will elaborate on the concepts of multi-fuelled ships, availability and effectiveness of scrubber technologies and the practicalities of using LNG. To make this come alive, a group of high-powered representatives from DNV-GL, Rolls Royce, MAN Diesel & Turbo, Wärtsilä, and Clean Marine Energy will present the issues at stake in this context. To wrap up Track 2, a panel of ship owners will debate the outcome and provide some key take-aways for the audience on how to best navigate the regulatory minefields ahead of us. Make a whole day of it and join us at the BIMCO Awards Gala Dinner, the Gala dinner starts at 19:30 on 29 April at the Jumeirah Beach Hotel. More information including the programme, registration, fees, information on the Gala dinner, and sponsorship opportunities is available on the dedicated BIMCO event website. Source: BIMCO Event Website