INTERTANKO’sINTERTANKO’s

Insurance & Legal CommitteeInsurance & Legal Committee

Presentation byPresentation by

Mr Ken Marshall, ChairmanMr Ken Marshall, ChairmanMr John Fawcett-Ellis, SecretaryMr John Fawcett-Ellis, Secretary

Paris, 12 January 2005Paris, 12 January 2005

The Committee’s Terms of The Committee’s Terms of Reference:Reference:

• Further the common interests of the independent Further the common interests of the independent tanker industry with regards to all relevant tanker industry with regards to all relevant insurance and liability issues particularly affecting insurance and liability issues particularly affecting tanker ownerstanker owners

• Act as a resource group for other INTERTANKO Act as a resource group for other INTERTANKO bodies as well as the INTERTANKO officebodies as well as the INTERTANKO office

• Whenever possible act as a link between Whenever possible act as a link between INTERTANKO and the insurance industry and its INTERTANKO and the insurance industry and its organisations organisations

Committee Members:Committee Members:

Mr Ken Marshall (Mr Ken Marshall (ChairmanChairman), Neda Maritime Agency Co. Ltd), Neda Maritime Agency Co. LtdMr Terje Adolfsen (Vice-Chairman), Bergesen d.y. ASAMr Terje Adolfsen (Vice-Chairman), Bergesen d.y. ASAMs Martine Cor (Vice-Chairman), Brostrom Tankers SAMs Martine Cor (Vice-Chairman), Brostrom Tankers SAMr Geoff Woodford, N.J. Goulandris LtdMr Geoff Woodford, N.J. Goulandris LtdMr Nicholas Psarros, Ceres Hellenic Shipping EnterprisesMr Nicholas Psarros, Ceres Hellenic Shipping EnterprisesMr Spyros Polemis, Seacrest Shipping Co.Mr Spyros Polemis, Seacrest Shipping Co.Mr Bjarte Thorsen, Kristian Gerhard Jebsen SkipsrederiMr Bjarte Thorsen, Kristian Gerhard Jebsen SkipsrederiMr John Dunn, Hellespont Steamship CorporationMr John Dunn, Hellespont Steamship CorporationMr Bengt Hermelin, Samco (Services) Ltd.Mr Bengt Hermelin, Samco (Services) Ltd.Mr Andreas Andreou, Columbia ShipmanagementMr Andreas Andreou, Columbia ShipmanagementMs. Ingela Tengelin, StenaMs. Ingela Tengelin, StenaMr. Giorgio Biassoni, PremudaMr. Giorgio Biassoni, PremudaMs. Linda Howlett (Observer), International Chamber of Ms. Linda Howlett (Observer), International Chamber of

Shipping Shipping

Key liability issues facing the Key liability issues facing the IndustryIndustry

• Possible revision to the International Oil Possible revision to the International Oil Spill Liability and Compensation RegimeSpill Liability and Compensation Regime

• Criminal Sanctions – EU DirectiveCriminal Sanctions – EU Directive

• Tramp/Liner shipping being subject to EU Tramp/Liner shipping being subject to EU Competion RulesCompetion Rules

Other Key Issues:Other Key Issues:

• Substandard Shipping - P&I’s Substandard Shipping - P&I’s response to the Coghlin Report response to the Coghlin Report

• War/Terrorism RisksWar/Terrorism Risks

Thank youThank you

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