Upcoming sulphur regulations and Iranian sanctions are affecting the entire bunkering industry. As the industry anticipates these changes, RESCON 2014 offers a platform for key industry stakeholders to come together and discuss their experiences and challenges in dealing with everything from the regulatory restrictions to the economic crisis.
RESCON 2014 gathers senior level representatives from some of the world’s leading ship owners to the key strategic port authorities. Last year we welcomed 100 delegates and are pleased to offer exclusive access to meet some of the leading ship owners.
Plus, the Ship Owners attend for free!
Find out more at www.gulf-bunkering.com or call +971 4 407 2511 for more information.
1. The Red Sea and Gulf Bunkering Conference
www.gulf-bunkering.com
Meet key industry players within the bunkering industry from some
of the world’s leading ship owners, port authorities, regulatory
bodies, senior bunkering managers and economic experts
Learn best practices in port standardisation from Singapore to
Antwerp – directly from the port authorities
Prepare your business for the impact of the new sulphur regulations
and industry wide demand to lower carbon emissions
Gauge best practices for fuel testing procedures and how to
implement the correct technology for LNG fuels in order to ensure
compliance with IMOs fuel standards
Why Attend?
Don’t miss our industry
leading WorkshopsPLUS!
Pre-forum Workshops - Sunday 28 September 2014
Post-forum Workshop - Wednesday 1 October 2014
C Understanding maritime law and charter party
disputes
A Fuel quality and fuel testing strategies
B Best approaches in delivering effective risk
management
Register before
19 June and save $1,490
RESCON is the only conference in
the Middle East that focuses on the
Red Sea and beyond to East Africa
SPEAKER FACULTY and shipping lines INCLUDes:
Capt Farid Abdel- Jaber
General Bunkering Manager
Jordan National Shipping
Lines
Jordan
Islamic Republic Of Iran
Shipping Line
Iran
Morten Dehn
General Manager Bunker
Department
MUR Shipping
UAE
Capt. Mamdouh Oraby
Marine Consultant & Adviser
Master Mariners
Egypt
Farhad Patel
General Manager
Sharaf Shipping Agency
UAE
Essam El-Din Badawy
Secretary General
Arab Ports
Egypt
Hossam Abdelkarim
Senior Maritime Analyst
Suez Canal Authority
Egypt
Edwin Lammers
Executive Commercial
Manager
Port of Sohar
Oman
Khalid Bichou
Vice President
PORTeC - Imperial College
London
UK
Ashraf Kotait
Port Operations Expert
Saudi Ports Authority
Saudi Arabia
Ship Owners attend for free
Headline Sponsor Information Partner Supporting Maritime Authority
Media Partners
World ils
Endorsing Associations
The Dubai Council for Marine and Maritime Industries
28 Sept – 1 Oct 2014 | The Address Hotel, Dubai Mall, Dubai, UAE #gulfbunkering
Scan here for
more information
2. Tel: +971 4 335 2437 | Fax: +971 4 335 2438 | Email: register-mea@informa.com | Web: www.gulf-bunkering.com
Ship Owners 30%
Port Authorities 20%
Government & Authorities 20%
Refineries and Marine Oil Producers 10%
Bunker Fuel Traders 10%
Marine service & Technology Providers 10%
Middle East 45%
South East Asia 25%
Europe 17%
USA 8%
Other 5%
Upcoming sulphur regulations and Iranian sanctions are affecting the entire bunkering industry. As the industry anticipates these changes,
offers a platform for key industry stakeholders to come together and discuss their experiences and challenges in
dealing with everything from the regulatory restrictions to the economic crisis.
is the only conference in the Middle East that focuses on the Red Sea and beyond to East Africa. Already in its third year we are
pleased to continue gathering representatives from across the bunkering industry to discuss pressing topics’ from the latest port infrastructure
developments, new LNG fuels, cutting-edge produces for testing quality of fuels and in-depth macroeconomic overviews.
DO NOT MISS THIS YEARS INDUSTRY LEADING BUNKERING EVENT
Last year we welcomed over 145 delegates and are pleased to offer
exclusive access to meet some of the leading ship owners.
In its third year we have witnessed a 48 % delegate increase since
launching the conference in 2012, proving that we are becoming
one of the largest bunkering conferences in the region
RESCON gathers senior level representatives from some of the
world’s leading ship owners and key strategic port authorities.
This year hear exclusive presentations from the following: Jordan
National Shipping Line, Islamic Republic of Iran Shipping Line, Arab
Ports Saudi Ports Authority and many more
Attend two industry leading pre conference workshops taking
place on the 28 September: don’t miss key insights into fuel
quality and fuel testing strategies in workshop A, and effective risk
management approaches in workshop B
Also attend our exclusive post conference workshop to gain a
comprehensive overview of everything your business needs to
know within maritime law and understand how you can avoid
pitfalls and stay ahead of industry knock backs
This year we have increased the number of structured networking
sessions, from speed networking to round tables and interactive
panels, providing you with ample opportunity to exchange cards
and build business relationships
2
28 Sept – 1 Oct 2014 | Dubai, United Arab Emirates
XX Dubai Drydocks
XX DP World
XX ADPC
XX DNVGL
XX Sharaf Shipping Agency
XX Jordan National Lines
XX Monjasa
XX UK Petroleum Industry Association
XX MUR Shipping
XX Arab Petroleum Investments Corp
XX DNV Petroleum Services
XX Oman Ship Management Co.
XX Petrobras Singapore Pte Ltd
XX Qatargas Operating Company Ltd
XX Red Sea Marine Management
XX Sohar Industrial Port Company SAOC
XX The Baltic and International Maritime
Council
XX National Transport Authority,
Government of UAE
XX Port Of Fujairah
XX Dubai Maritime City Authority
XX Suez Canal Authority
XX United Arab Shipping Company
XX United Arab Chemical Carriers
XX D & K Shipping Ltd
XX Saudi Ports Authority
XX Fichte & Co
XX International Association of Maritime
Economists
XX …and many more companies
WHO YOU WILL MEET
PREVIOUS COMPANIES WHO HAVE ATTENDED RESCON
WHO HAVE ATTENDED
Ship Owners
attend
for free
Audience
Breakdown
Marine lawyers &
Insurers
Financial Advisers
& Lenders
Ship Owners/
Operators
Asset Strategy &
Planning Bunker Suppliers
Traders &
Brokers
Refinery
Representatives
Equipment
Manufacturers
Fuel & Lubricant
Specialists
Technology
Providers
Economists &
Risk Managers
GEO
Breakdown
3. Tel: +971 4 335 2437 | Fax: +971 4 335 2438 | Email: register-mea@informa.com | Web: www.gulf-bunkering.com3
08.30 Registration and coffee
09.00 Opening Comments from Chairman
Industry Market Overview and global challenges
09:15 Global market overview of the bunkering industry
ƒƒ The main challenges affecting the international bunkering market
ƒƒ New sulphur regulations and lowering carbon emissions
ƒƒ Operational challenges and fuel saving strategies
ƒƒ New port infrastructure updates
Morten Dehn, General Manager Bunker Department, MUR Shipping,
UAE
09:45 Through the value chain: industry perspectives from the ship
owner to the port authorities
ƒƒ Fuel quality and getting it right: new methods in testing fuel
quality before usage
ƒƒ Assessing alternative sources of fuel: is LNG an answer for the
bunkering industry?
ƒƒ Discussing best practices in enforcing standardisation across the
value chain
ƒƒ Macroeconomic overview of the global supply chain and how this
will affect the industry
ƒƒ Shipping demand dynamics and emerging players: how the
industry can detect market shifts and prepare for changes
Moderator: Farhad Patel, General Manager, Sharaf Shipping
Agency, UAE
Rob Smith, Principle Consultant, FACTS Energy, UAE
Morten Dehn, MUR Shipping, GM Bunker Department, UAE
Khalid Bichou, Vice President, PORTeC - Imperial College London, UK
SPEED NETWORKING Your chance to swiftly exchange cards and
begin forging new partnerships with the key bunkering sector decision makers at
RESCON. The quick introductions you make during speed networking session
mean that you’ll to get to know your key potential clients and partners in an informal
setting, enabling you to identify who you need to target and develop deeper relationships
with during the next 2 days.
10:30 Refreshment and networking break
Regulatory Environment
11:10 Regulatory changes: how will the regulations affect operations
within the bunkering industry
ƒƒ What are the current operational challenges in preparing for
the 0.1 % sulphur regulations and reducing shipping's carbon
footprint?
ƒƒ Challenges within demand and supply: is there enough supply of
low sulphur fuel and how can the industry mitigate shortages?
ƒƒ Assessing the consequences of non-compliance and the fines
and penalties in place
Chris Hunt, Director General, UK Petroleum Industry Association, UK
11:40 A ship owner’s perspective of complying with new low- sulphur
regulations
ƒƒ What are regional ship owners doing to mitigate sulphur content:
how are they ensuring demand will meet supply?
ƒƒ Addressing key issues from realistic timeframes to environment
matters, and considering how different stakeholders will respond
to regulatory changes
ƒƒ Regional and international concerns, how the industry can work
together in implementing regulations
12:10 Bunkers and beyond: a macroeconomic look at the regional
refining and bunkering trends
ƒƒ Overview of refineries/refining capacities in the region
ƒƒ Impact of regional refineries on world trades, with a brief
overview of the products sector
ƒƒ India’s role and place in the bunkering industry from an
international perspective
ƒƒ A glimpse of the future: changing dynamics of the global oil
trades and its impact on the region
Apurva Mali, Bunker Trader, Monjasa, UAE
PORT OVERVIEW
12:40 The green ports: the new era of cold ironing
ƒƒ Global outlook on how the big operators function: from Singapore
to Antwerp best practices in port management
ƒƒ What are the latest infrastructure developments being
undertaken by port operators?
ƒƒ How globalisation has affected synchronisation and
standardisation across large and small ports
ƒƒ Ensuring there is a more effective way to standardise ports
regionally and globally
Ashraf Kotait, Port Operations Expert, Saudi Ports Authority, Saudi
Arabia
13:10 Lunch and networking opportunity
14:30 Regional ports and regulatory considerations
ƒƒ Overview of the latest cost trends and port projects
ƒƒ Discussing the latest safety issues and how to increase
measures across all ports, from cargo shipment to onshore
logistics and time management
ƒƒ How port authorities can work with the IMO in standardising
regulations across all ports
Moderator: Farhad Patel, General Manager, Sharaf Shipping
Agency, UAE
Essam El-Din Badawy, Secretary General, Arab Ports, Egypt
Ashraf Kotait, Port Operations Expert, Saudi Ports Authority, Saudi
Arabia
Khalid Bichou, Vice President, PORTeC - Imperial College London, UK
15:10 How best to overcome landside logistics: strengthening the routes
from the cities to the ports
ƒƒ Addressing the need for more optimised operations from sea
side to land side
ƒƒ The need for improved infrastructure and standardisation
procedures across ports
ƒƒ Overview of the latest projects being undertaken by regional and
international ports
Edwin Lammers, Executive Commercial Manager, Port of Sohar,
Oman
15:40 Refreshment and networking break
Shipping
16:10 Environmental challenges within shipping: how the shipping
industry can work together in mitigating environmental issues
ƒƒ Examining the impact of how major shipping lines are merging
together and the affect that this has on smaller lines
ƒƒ Discussing the importance of standardisation across ships in
order to create stronger efficiency and timeline delivery across
the industry
ƒƒ Investing in new technology to comply with low emissions: how
this impacts the competition and trade in the region
Capt Farid Abdel- Jaber, General Bunkering Manager, Jordan
National Shipping Lines, Jordan
16:40 Food for thought closing round table
Round table 1:
Real life challenges in the industry
Moderator: Farhad Patel, General Manager, Sharaf Shipping
Agency, UAE
Round table 2:
Existing laws that affect local business
Round table 3:
Operational risk and future predictions for the market: assessing
the commercial business side of bunkering
17.40
COCKTAIL RECEPTION
Monday 29 September 2014Conference Day OnePANEL
PANELROUNDTABLE
CASE
STUDY
CASE
STUDY
PresentationPresentation
4. Tel: +971 4 335 2437 | Fax: +971 4 335 2438 | Email: register-mea@informa.com | Web: www.gulf-bunkering.com4
08.30 Registration and coffee
09.15 Opening comments from the Chairman
09:30 Macroeconomic overview: the global economic crises and the
impact on bunker prices and movement in Suez canal
ƒƒ The current economic environment within the bunkering
industry and how the bunker business is performing
commercially
ƒƒ Detecting industry price patterns and advanced hedging
techniques
ƒƒ Global synopsis of insurance strategies and credit risk
management
Hossam Abdelkarim, Senior Maritime Analyst, Suez Canal
Authority, Egypt
10:10 How the industry can prepare for various risks
ƒƒ Operational risk
ƒƒ Financial risk
ƒƒ Hedging risk
ƒƒ Best methods in mitigating financial risk by accurately assessing
energy price behavior
ƒƒ Tailor made risk management strategies: identifying the best
fixed price agreements for your company
10:40 Refreshment and networking break
11:10 Best strategies for ensuring an effective risk assessment
procedure is created, used and understood
ƒƒ Ensuring that the credit insurer knows what they are looking at:
what are the alternatives?
ƒƒ Step-by-step implementation of strategies for credit risk
application for suppliers, traders and buyers
ƒƒ How best to deal with the challenge of extending credit to 'high'
risk customers: the challenge of oversupply in shipping
John Phillips, Global Head of Credit, Souz Petrolium SA, Singapore
11:40 The information challenge: bunker credit risk assessment in the
real world.
A dynamic practical exercise and accompanying debate to outline
some of the key issues faced in real-world bunker credit decision-
making.
ƒƒ How are credit lines assessed
ƒƒ What market information tools and sources are available
ƒƒ What are the risks and what could be at stake?
Join our expert credit management discussion to learn more and
see how you could obtain better levels of credit from your suppliers
Christopher Stephen Morgan Regional Credit Manager, Monjasa,
UAE
12:40 Lunch and networking opportunity
14:00 Drafting the general terms and conditions for bunker deliveries
ƒƒ Understanding the different perspectives: what should a owner,
charterer and supplier be looking for?
ƒƒ What type of clauses shall be included and how are these clauses
likely to be interpreted by the courts or arbitration panels?
ƒƒ Handling and resolving of disputes
Mohammed El-Hassan, Legal Manager, Monjasa, UAE
14:30 The latest update on the Iranian sanctions: how will the results in
June affect the industry?
ƒƒ Outlining the breakdown of the sanctions from a US and EU
perspective, how each institution will affect the market and what
the bunkering industry needs to know
ƒƒ Examining how prepared the industry is in responding to the
Iranian sanctions in order to determine sources for new fuel
ƒƒ Best practices in conducting paper trials to test where the fuel
comes from and implementing contractual warranties
Patrick Murphy, Senior Associate, Clyde and Co, UAE
15.00 Potential challenges in the use of distillate fuel
ƒƒ Commercial issues to keep in mind when bunkering distillate fuels
ƒƒ Statutory: typical reasons and frequencies why distillates do not
meet statutory requirements
ƒƒ Technical: operational challenges with the use of distillates in
marine medium speed and low speed engines
ƒƒ Possible future trends in marine distillate quality due to
increased demand
Thomas Tampi, Technical Manager Fujairah, DNV Petroleum
Services, UAE
15:30 Refreshment and networking break
16:00 New fuels on the horizon: LNG and the bunkering industry
ƒƒ Considering the challenges of using LNG as an alternative fuel
within bunkering: supply of LNG and demand difficulties
ƒƒ Addressing the lack of lack of availability, logistics and
infrastructure in place for LNG importation
ƒƒ Examining the process behind LNG fuelled vessel design, as well
as the crew preparedness to handle LNG as an on-board fuel
16:30 Overview on best hedging practices within bunkering
ƒƒ Re-planning of network configuration and financial hedging of
bunker fuel prices
ƒƒ Overview of the latest derivative options within bunker hedging
and best practices in mitigating risk by
ƒƒ Best practices in hedging trades: overview of swaps, options and
commercial fixed prices
ƒƒ Reducing bunker fuel price risk by combining network planning
and bunker hedging
17:00 Closing remarks
SPONSORSHIP OPPORTUNITIES:
Participating as a sponsor or exhibitor at this year’s RESCON
will allow you exclusive opportunities to meet some of the
leading ship owners within the industry. RESCON is the ONLY
bunkering conference specifically focusing on the Red Sea
and Africa and offering you unlimited access to your target
market.
Our flexible sponsorship packages are designed to give your
brand direct exposure and increase your client base with
numerous networking opportunities.
� Attracting over 100 senior level delegates
� Aaccess to the two day invitation-only speaking platform
� Unlimited face to face time for networking with potential
clients
� Unrestricted exposure to brand your company alongside
the leading industry players in the bunkering industry
For customised sponsorship and exhibition packages to meet your specific needs, please contact:
Arshed Hussain, Business Development Manager
Tel: +971 4 407 2715, Mob: +971 50 559 3922, Email: sponsorship@informa.com
Tuesday 30 September 2014Conference Day TWOPresentationPresentation
Presentation
Interactive
Roundtable
PANEL
5. Tel: +971 4 335 2437 | Fax: +971 4 335 2438 | Email: register-mea@informa.com | Web: www.gulf-bunkering.com5
Sunday 28 September 2014
Wednesday 1 October 2014
Pre-forum Workshops
POST-forum Workshop
Understanding maritime law and charter party disputes
Registration is at 09:00. The workshop runs from 09:30 – 16:30 with appropriate breaks for prayer and refreshments. Lunch will be served at 12:30 – 13:30.
The workshop will resume from 13:30 to 16:30 with appropriate afternoon coffee and refreshment breaks in between.
In light of the regulatory changes within the bunkering industry
business are still struggling to understand how the regulations
will affect them, and more importantly how to implement
necessary changes ahead of the upcoming deadlines. After a two
day comprehensive conference we have designed a specialised
workshop for those in the bunkering industry who would like to gain
a stronger understanding of what they must do in order to stay
ahead of the latest maritime laws and charter party disputes.
This all day post-conference workshop will focus on specific areas
of maritime law that affects the entire industry, from international
bunker sales, risk management, accountability and role specification
within the bunkering value chain, ship sale and purchase and ship
finance.
Topics that will be covered:
� Addressing various charter disputes and the importance of
assessing contracts during initial stages of drafting, in order to
ensure that both parties, from ship-owner to charterer, have
clear specifications when entering the contract
� Clarifying where certain responsibilities lie within the bunkering
industry and detecting who is accountable for potential losses
due faulty bunkers
� Addressing who is accountable for the quality of the bunker and
ensuring that procedures are in place for delivering high quality
fuel
� Best practices in identifying and prioritizing the main risks
within international bunkering trade and maritime commerce
� Addressing local practice laws, policies and procedures in various
jurisdictions in order to ensure that your business is up-to-date
with insurance policies
Workshop leaders:
Jasamin Fichte, Managing Partner, Fichte & Co, UAE
Capt. Anshuman Singh, Admiralty Manager, Fichte & Co, UAE
Alessandro Tricoli, Partner, Fichte & Co, UAE
Ravi P. Jawani, Partner, Fichte & Co, UAE
Workshop C
Quality of fuel and fuel testing
strategies
Registration will be at 08:00. The workshop will run from 08:30 to 12:30 with
appropriate breaks for prayer and refreshments. Lunch will be served at 12:30.
As the industry gears up for use of new fuels in the market such
as LNG, quality of fuel and fuel testing strategies remain as a key
issue facing the bunker industry. This master class will focus on
how the industry needs to come together and reassess the current
procedures for fuel testing. In order to mitigate the current risk
posed by bad quality fuels and to ensure that the bunkering industry
is complying with the IOCs fuel standards which are becoming more
rigorous and standardized.
Topics that will be covered:
� Insight into the latest use of cutting- edge technology, high-
end analytical tools and analytical expertise to determine
various bunker fuel characteristics
� Strategies to ensure the accuracy of testing and ensuring
results are delivered in a effective and efficient manner
� Ensuring the IMOs specification of pure fuel are being followed
and understanding IMO specifications from 2005 and 2010
standards
Workshop leader:
Khalid Bichou, Vice President, PORTeC - Imperial College London, UK
Workshop A
Best approaches in delivering
effective risk management
Registration will be at 13:00. The workshop will run from 13:30 to 17:30 with
appropriate breaks for prayer and refreshments.
As freight rates and ship prices have increased significantly in recent
years, the bunkering industry has faced challenges to stay afloat
against these economic downturns. Now more than ever companies
are encouraged to take stringent measures in minimising costs in all
operations and mitigating risks. This workshop is broken into two parts;
the first part aims to outline potential risks within bunkering and best
strategies in ensuring an effective risk assessment procedure is in place.
The second part looks at hedging and derivatives usage in more depth.
Topics that will be covered:
� Taking control of freight rates, ship values, bunker price, credit,
foreign exchange and interest rate risks
� Ensuring that thorough checks are completed on day to day
operating activities
� Best practices in credit risk application and counter party risk
within bunkering
� Raising awareness of how various physical and derivatives
instruments can be used to control such risks efficiently and
effectively
� Best methods in hedging and derivatives: what type suites
your company
Workshop leaders:
John Phillips, Global Head of Credit, Souz Petrolium SA, Singapore
Christopher Stephen Morgan, Regional Credit Manager, Monjasa, UAE
Workshop B