Theme: Strategic Issues in the Maritime Industry – Challenges and Opportunities Ahead
8 Mar 2012 (Thu)
Lecture Theatre 19, North Spine Academic Complex, NTU

(Location map of LT 19: http://maps.ntu.edu.sg/maps#q:lt%2019)

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Registration closes on 6 Mar 2012.
Please click here to register for the seminar

Chairperson: ERNEST WEE PAN ANN
1st Class Marine Engineer and has sailed on board various types of ships with Neptune Shipmanagement Services Pte Ltd (part of the NOL Group) from 1982 to 1989. He came ashore as technical superintendent with a local bunkering company and became a director in a marine consulting company. He established AMMships Pte Ltd in 1997 to provide ship management, ship operations and agency services. He also set up Labtechnic Testing Services Pte Ltd to provide fuel testing services for the oil industry. In 2005, he was President of the Society of Naval Architects and Marne Engineers Singapore. Besides running both companies, he gives presentations and talks on maritime issues at various forums, and does consulting work, such as providing expert testimony in court.

Synopsis & Speakers:

• Marine Insurance – What are the Present and Future Challenges?
  
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  The cost of insuring the vessel and the vessels operations is an increasing cost for owners and charterers, and the purchase of marine insurance covers often reflects an underlying legal or contractual obligation. For the past 15 years in a row, H&M underwriters have according to figures from IUMI failed to make an overall profit in a very competitive market. The prices of insurance must increase, by as much as 20%, but how will increased prices and possibly more limited covers affect an already depressed shipping market? The marine insurance industry has also been shaken by recent large losses, such as the recent accident with the passenger ferry Costa Concordia. The questions emerging are plentiful, amongst them whether or not insurers in the future will be able to or want to continue to provide covers for larger vessels and risks. The talk will give an overview of the present markets for marine insurance as well as the main challenges lying ahead.

  Ms Cathrine Bjune
  Assoc Prof, BI Norwegian Business School and Lawyer, MNA. Prior to joining BI, Prof. Bjune worked with a well known maritime law firm in London, the Central Union of Maritime Underwriters and the Skuld P&I Club in Norway. She is a frequent lecturer at Nanyang Technological University in Singapore and has organized and chaired numerous maritime executive training programmes and seminars both in Norway and overseas. Prof. Bjune is also the author of a number of books and publications relating to maritime transport, law and insurance.

• BIMCO’s Reflections 2012: State of the Industry
  
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  The shipping industry is consistently bombarded by challenges from many fronts. The global economy creates market pressures leading to overcapacity in many sectors and resultant declines in freight. Meanwhile regulators push forward with demands for lower emissions of greenhouse gases and cleaner ballast water discharges, whilst the pirates of Somalia prey upon ships transiting the Gulf of Aden and the Indian Ocean, hoping to capture seafarers for ransom. Thomas Timlen will give an overview of the current situation and the respective industry initiatives aimed at addressing these challenges.

  Mr Thomas Timlen
  Asia Liaison Officer of BIMCO Asia Representative Office. Previously he has served as Head of BIMCO’s Security and International Affairs Department. Amongst positions held in Singapore he has served as a Visiting Research Fellow at the S. Rajaratnam School of International Studies, a graduate program of Nanyang Technological University. His career in shipping began in the Claims and Insurance Section of ScanDutchA/S. He has represented BIMCO during sessions of the IMO Maritime Safety Committee and Facilitation Committee as well as at sessions of the World Customs Organization and the International Organization for Standardization. He holds a BSc in Business Administration from Boston University.

• Shipping Markets: Is that a Light at the end of the Tunnel?
  
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  Doom and gloom abounds in the shipping markets but is the future any brighter? If so, when will any upturn come and who will benefit? This brief presentation aims to provide some perspective, examining the main economic and shipping market drivers in an attempt to identify some positive factors.

  Mr Roger Bartlett
  Managing Director at Maritime Strategies International Asia Pte Ltd based in Singapore which offers high level, independent market forecasting and business advisory services for shipping and its allied industries. He has over 25 years’ experience in the maritime industry in public and private shipping companies most recently as Group Head of Marine Planning & Analysis at Vela International Marine Ltd, the shipping arm of Saudi Aramco.

• What’s Next?
  
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  The recent introduction of so-called ‘Daily Maersk’ by Maersk Line has had a domino effect on other shipping lines in terms of fleet operation. In this presentation, after briefly mentioning the trends in liner shipping markets together with liners’ strategies, the speaker would like to discuss the impact of the change of liners’ markets on container ports in terms of opportunities, challenges and the survival strategy for sustainability.

  Prof Dr Seong-Hyeok (Daniel) MOON
  INMARSAT CHAIR Professor of World Maritime University (WMU). Prof MOON earned his PhD degree in Port Economics from the Cardiff University, UK. His area of teaching and research interest has been closely related to ports in terms of management, operation and logistics. He also has a specialty in MET based upon his experiences in educating students at Korea Maritime University (KMU) where he has worked for more than 25 years.

  He has got a qualified First Class Navigation Certificate (non-limited) and been aboard the ship more than 10 years including experiences of a chief mate at HMM and a captain at KMU Training Ship. He has widely published articles and books which are concerned with ports and MET. He has been involved in many research projects for public organizations as well as private companies. He is a member of the Institute of Logistics and Transport and of the Chartered Institute of Transport and the International Association of Maritime Economists (IAME).

Key Elements of Shipping
Singapore, 10-12 Oct 2011

Venue
Human Capital Resources
15 Hoe Chiang Road, #23‐01 Tower Fifteen
Singapore  CBD (near to Tanjong Pagar MRT station)
Parking: Available in the building.
Hotels: Within a short walk of the M Hotel and the Amara Hotel.

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Founded on many years of co‐operation in providing highly successful BSc and MSc shipping degree programmes in Singapore and Norway, BI and NTU now present their Third maritime executive “short course”.

The course is designed for maritime executives who have recently started work in the marine industry, or who may have been in the industry for several years and now aspire to move up to a more challenging management role. The course was “sold out” in March 2011 and, as before, will be taught by senior academics from both BI and NTU together with leading marine industry professionals.

The course objective is to provide a balance of theory and market practice, re‐enforced through group discussion on topical case studies. The goal is to ensure active participation and understanding by engaging participants in a free interchange of ideas, questions and practical experience throughout the programme.

The planned learning outcomes are that participants will understand the roles of the many “players” in the shipping industry, the operational complexities and risks relating to ship owning and management (including the impact of ‘Green Shipping’), the manner in which ships are purchased and financed and how ships are then utilised to make money for their owners. Participants will also be aware of the critical importance of port logistics and management and they will have received an in depth introduction to maritime law and marine insurance as risk management tools. Finally, and most importantly, the participants will have gained the knowledge and confidence they need to advance their careers in what has sometimes been described as the world’s most challenging industry.

On successful completion of the course, participants will be awarded a joint NTU‐BI “Certificate of Participation”.

MCF Funding support – 50% fee rebate for Singapore citizens and PR’s

An application for MPA course approval has been made and approval is anticipated. MCF rebate application forms will be sent out together with an invoice from the appointed course managers, SeaProf Learning, in Singapore. For further information about the course programme, fees and the refund from the MPA, please feel free to contact the course secretary:
Ms Kamal, tel +65 6323 7732 or e-mail info@seaprof.com

Cancellations:

All registrations are binding and participants are responsible for the full fee which must be paid in advance to SeaProf Learning. Substitutions may be made at no extra charge but must be notified 48 hrs in advance to info@seaprof.com.

Download: Impact of Economic Crisis on Shipping Market

Key Elements of Shipping
Singapore, 14-16 Mar 2011

Venue
Human Capital Resources
15 Hoe Chiang Road, #23‐01 Tower Fifteen
Singapore (close to Tanjong Pagar MRT station)
Parking: Available in the building.
Hotels: Within close reach to the M Hotel and Amara Hotel.

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Building on many years of co-operation in providing highly successful BSc and MSc shipping degree programmes in Singapore and Norway, BI and NTU have developed a 3 days maritime “short course”, Key Elements of Shipping.

The course will be taught by senior academics from both BI and NTU who will lecture together with leading marine industry professionals. The intention is to provide a balance of both theory and market practice which will be re‐enforced through topical case studies. The goal is to ensure active participation and understanding by engaging participants in a free interchange of ideas, questions and practical experience throughout the programme.

The course is designed primarily for people who have recently started to work in the industry, or who may have been in the industry for several years and now aspire to move up to a more challenging management role.

On successful completion of the course which will conclude with the presentation of an NTU‐BI Certificate of Participation. The participants will understand the roles of the many “players” in the shipping industry, the operational complexities and risks relating to ship owning and management, the manner in which ships are bought and financed and how ships are then utilised to make money for their owners. They will also be aware of the critical importance of port logistics and management and they will have received an in depth introduction to maritime law and marine insurance as risk management tools. Finally, and most importantly, the participants should have gained the knowledge and confidence they need to advance their careers in what has sometimes been described as the world’s most challenging industry.

Further information about the procedure on fees and refund from MPA feel free to contact: Ms Kamal Jit Kaur, telephone +65 6323 7732 or e-mail kamal@seasia-pandi.com

Maritime Seminar Series @ NTU

Theme: Green Ports and Shipping
Thursday, 24 February 2011
NTU, Lecture Theatre 20, BlkN2, N2-B2A-01

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• Green Shipping And Environmental Management: Update on green initiatives in the Asian shipping sector, Thomas Timlen
• Green Shipping and Climatic Change: The Effect on South East Asia – Scenario by 2050, Dr Bengt Ramberg
• Air Quality in Port, Professor Daniel S.H. Moon

Online Registration: https://wis.ntu.edu.sg/pls/webexe/REGISTER_NTU.REGISTER?EVENT_ID=OA11020115125211.
Free Admission!
Closing Date: 24 February 2011, 12 noon
Enquiries: Ms Manesia Ahmad; Tel: 6790-6888; Email: manesia@ntu.edu.sg