impressions from 2008
MARE FORUM USA 2009
MARITIME TRANSPORTATION OF ENERGY DETERMINING PRIORITIES
IN A NEW FINANCIAL CLIMATE
February 11 & 12, 2009 Hilton Houston Post Oak Hotel Houston - Texas - U.S.A.
Situation: Financial markets and economic climates have experienced an historic and dramatic downturn and enormous volatility. International and United States energy costs have experienced record high levels and then receded but are expected to remain volatile; and, the volume of energy cargoes continues to grow and marine transportation of crude oil, petroleum products, LNG/LPG, coal and other energy products is ever more essential to worldwide availability of energy for domestic and industrial use. Challenge: The energy and maritime transportation industries should produce and provide to consumers worldwide, readily available and reliable energy resources at the lowest possible cost, while enjoying a reasonable profit. This must be accomplished in a safe, secure and environmentally responsible manner with the following deemed as priority issues to be addressed by government and industry.
Priorities:
Port and Waterways - improvements to support the increasing volume of maritime transportation.
Maritime Personnel - recruitment, training and retention of both seafarers and industry shore-based personnel.
Questions for discussion and debate:
Have government and industry progressed in addressing the priorities identified by the Mare Forum Conference in February 2008? How have these priorities now been altered by the world financial crisis?
Are shipping financial markets now creating fundamental changes in the marine industry, re-shaping its basic economic structure, availability of adequate tonnage, advancement of technology and availability of marine industry personnel?
Will energy costs surge to new heights?
Has the increase and then retreat of energy costs altered the “demand dynamics” and climate for shipping and shipping capacity?
Has interest in LNG peaked or reached a plateau?
THIS CONFERENCE will examine through a structured approach, the current state and future need and validity relative to the Priorities and provide an assessment of the impact of the energy and financial markets on energy transportation by international shipping. CONFERENCE COMMITTEE Joseph J. Cox President, Chamber of Shipping of America Conference Chairman Jannis Kostoulas Chairman, Mare Forum Helen A. Brohl Director of the Executive Secretariat, U.S. Committee on the Marine Transportation System RADM Robert C. North President, North Star Maritime, Inc. Stewart H. Wade Vice President, American Bureau of Shipping Robert S. Bowers, II Managing Director, AMA Capital Partners Michael Economides Professor, Cullen College of Engineering, University of Houston Managing Partner, Dr. Michael J. Economides Consultants, Inc. Editor-in-Chief "Energy Tribune"
The Speakers and Discussion Panellists: [as of 4 February] For the programme see below Joseph J. Cox President, Chamber of Shipping of America Conference Chairman Rear Admiral Brian Salerno Assistant Commandant for Marine Safety Security and Stewardship U.S. Coast Guard Rear Admiral Joel R. Whitehead Commander, Eighth District U. S. Coast Guard Vice Admiral Jim Card, US Coast Guard (Ret.) Rear Admiral Robert C. North President, North Star Maritime, Inc. Helen A. Brohl Director of the Executive Secretariat, U.S. Committee on the Marine Transportation System Yvette Fields Acting Director, Office of Deepwater Ports, US Maritime Administration
Drew Nelson Lead Negotiator on Greenhouse gas Emissions from International Shipping Office of Climate Change - US Department of State
Carlin Conner CEO TOPS – Texas Offshore Port System
Eric H. Namtvedt President FloaTEC, LLC
Zach Allen President Pan EurAsian Enterprises, Inc.
Martin Stopford Member of the Board Clarksons
Rajiv Khandpur Chief, Maritime Transportation Systems Division US Coast Guard Chris Wiernicki President and Chief Operating Officer American Bureau of Shipping Michael Economides Professor, Cullen College of Engineering, University of Houston Managing Partner, Dr. Michael J. Economides Consultants, Inc. Editor-in-Chief "Energy Tribune" Bob Corbin US DOE Office of Fossil Energy David Marin Regional Supervisor for Resource Evaluation, Gulf of Mexico OCS Region, U.S. Minerals Management Service (MMS) Richard Ford Aramco Services Robin Rorick Director, Marine and Security American Petroleum Institute David St Amand President, Navigistics, Inc. Megan McCurdy Poten & Partners Captain Kevin Coyne Vice President, Quality and Compliance General Maritime Corporation Captain Anuj Chopra President, Anglo-Eastern (Houston) LLC
Cliff Johnson Vice President Commercial United Maritime Group Captain John Hill Operations Control Director Heidmar, Inc. Paul Slater Chairman & CEO, First International Corp Senior Managing Director, Griffin Holdings Group LLC Bill Gray Gray Maritime
Bernard Anne Managing Director Bureau Veritas
Robert S. Bowers, II Managing Director, AMA Capital Partners Geir Sjurseth Managing Director and Global Head of DVB's Offshore Support Group Harris Antoniou Managing Director Energy, Commodities & Transportation Fortis William R. Gallagher President, International Registries, Inc. Jannis Kostoulas Chairman, Mare Forum Captain Eric Larsson Director, Maritime Education, Seamen’s Church Institute of New York and New Jersey Richard Plant Int’l Organization of Masters Mates and Pilots Capt Robert Fay International Registries – Marshall Islands Maritime Academy Cadet Perspective Texas A & M Cadet Michael Chalos Tim Protheroe Senior Vice President Lloyd’s Register Steve Gumpel Area Manager North America Germanischer Lloyd
Stewart H. Wade Vice President American Bureau of Shipping Blaine Collins Vice President & Regional Manager Det Norske Veritas
Dan Sheehan, PE
Konstantinos Daskalopoulos Vice Consul Consulate General of Greece
Kelly Curtin
Division Manager - Nautical Science Programs
USMMA - Global Maritime & Transportation School
Timothy Cullen Texas A & M Cadet
Questions to be addressed by panelists and for discussion and debate by participants:
Discussion panelists: Michael Economides Professor Cullen College of Engineering, University of Houston Managing Partner Dr. Michael J. Economides Consultants, Inc. Editor-in-Chief "Energy Tribune" Martin Stopford Member of the Board Clarkson David St Amand President, Navigistics, Inc. Bob Corbin US DOE Office of Fossil Energy David Marin Regional Supervisor for Resource Evaluation, Gulf of Mexico OCS Region, U.S. Minerals Management Service (MMS) Zach Allen President Pan EurAsian Enterprises, Inc. more discussion panellists to be announced
Discussion panellists: Martin Stopford Member of the Board Clarkson Paul Slater Chairman & CEO, First International Corp Vice Chairman, Griffin Holdings Group LLC Cliff Johnson Vice President Commercial, United Maritime Group Bill Gray Gray Maritime
Marine Transportation System Priority Issues Part 2: Personnel Afloat and Ashore – Recruiting, Training and Retention
discussion panellists: Paul Slater Chairman & CEO, First International Corp Vice Chairman, Griffin Holdings Group LLC Kelly Curtin
USMMA - Global Maritime & Transportation School more discussion panellists to be announced
Marine Transportation System Regulatory and Technical Issues - International standards for an International Industry Themes: International and US regulatory initiatives – setting the right balance – prevention of marine casualties - air emissions – criminalization of maritime incidents in the US and Europe – level of risk and risk management – keeping up with technology - Goal-Based Standards (GBS) – Common Structural Rules (CSR) - LNG ship design technology advances – offshore technology – MARPOL Annex VI revision and GHG regulation – ILO Consolidated Maritime Labour Convention
discussion panellists: Dan Sheehan - PE more discussion panellists to be announced
Investments, Financing Maritime Transportation of Energy - Ship Finance - Where to Invest Your Money ? Shipping Market Analysis in a New Financial Climate Themes: The credit crunch - Long term capital needs – investment risks - Where should the smart money go now? – impact of regulation – LNG is a special case? – US versus other locations - Opportunities and challenges in the offshore oil production sector
Conclusion – A Focused Agenda for Policy Makers - Energy Requirements versus Overall System Capacity and Other Limitations - Prioritization of Issues
Conference Chairman, Session Chairmen and Conference participants synthesize and prioritize the policy issues developed by each session and compare to the 2007 Houston Conference conclusions.
Develop a list of priorities for government and industry to address concerning: • Development of feasible alternative energy sources • Traditional – oil, gas, coal - energy resource development/exploitation • Maritime transportation capacity issues - ports and waterways, seafarers • Industry finance issues • International and U.S. regulatory initiatives
Representatives from the following companies and institutions are registered for the conference: [as of 3 feb 2009]
U.S. COAST GUARD - U.S. MARITIME ADMINISTRATION - U.S. COMMITTEE ON THE MARINE TRANSPORTATION SYSTEM - U.S. DOE OFFICE OF FOSSIL ENERGY - SKAUGEN PETROTRANS - TEEKAY - AET INC. LIMITED - ALARIS COMPANIES, LLC - MITSUI O.S.K. BULK SHIPPING (USA), INC - ANGLO-EASTERN (HOUSTON) LLC - ARAMCO SERVICES CO. - BP SHIPPING (USA) - AMERICAN PETROLEUM INSTITUTE - CRESCENT TOWING CO. - TRANSGAS SHIPPING - TRICO MARINE SERVICES - GRUPO PROTEXA - BG LNG - EXCELERATE ENERGY - FLOATEC, LLC - TOPS, TEXAS OFFSHORE PORT SYSTEM - GENERAL DYNAMICS - NASSCO - GENERAL MARITIME CORPORATION - CHAMBER OF SHIPPING AMERICA - GMATS - CUPPER AMERICAS - UNITED MARITIME GROUP - FIRST INTERNATIONAL CORP - KIRBY CORPORATION - LAURIN MARITIME - NAVIGISTICS CONSULTING - NORD SUED SHIPPING INC - PANEURASIAN ENTERPRISES, INC. - SEACOR MARINE - POTEN & PARTNERS - RIGHTSHIP - HARBOR DOCKING & TOWING CO., LLC - HEIDMAR, INC. - SEACOR HOLDINGS INC. - VT HALTER MARINE - ABS CONSULTING - AMA CAPITAL PARTNERS - DVB BANK - SHIPPING DIVISION - BELL, RYNIKER & LETOURNEAU - MINERALS MANAGEMENT SERVICE - GRIFFIN HOLDINGS GROUP, LLC - FORTIS BANK - GARDERE WYNNE SEWELL LLP - BLANK ROME, LLP - BUREAU VERITAS - CHALOS, O'CONNOR & DUFFY, LLC - AET (SHIPMANAGEMENT) PTE. LTD. - AMERICAN BUREAU OF SHIPPING - CONSULATE GENERAL OF GREECE - DELOITTE FINANCIAL - DET NORSKE VERITAS - DVB TRANSPORT (US) LLC - GERMANISCHER LLOYD - GRAY MARITIME CO. - HELLENIC COAST GUARD - INDEPENDENT MARITIME CONSULTANTS - INSTITUTE OF NEW YORK AND NEW JERSEY - INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS - INTERNATIONAL REGISTRIES, INC./ MARSHALL ISLANDS REGISTRY - LEGALY MARINE GROUP - LLOYD'S LIST - NATIONAL RESPONSE CORPORATION - LLOYD'S REGISTER - LLOYD'S REGISTER AMERICAS, INC. - NAUTICAL SCIENCE PROGRAMS USMMA - GLOBAL MARITIME & TRANSPORTATION SCHOOL - UNIVERSITY OF HOUSTON - - NORTH STAR MARITIME, INC. - SHIP EQUIP - WELDER LESHIN LLP - WORLD FUEL SERVICES - ENERGY TRIBUNE - GULFMARK OFFSHORE INC - CLARKSON - Office of Climate Change - US Department of State - USMMA Global Maritime & Transportation School - AND MORE