“It beggars belief the way our industry runs and I don’t see an end to it. I don’t know what the answer is, I really don’t…I feel sad for the people taking over the industry as my generation leave because we’ve left it in a mess.”

Stockley’s outspoken comments set the tone for the remainder of an absorbing session

which explored the advance of technology on board vessels, much of it forced by regulation, and the challenge of sourcing and training crew capable of operating it.

He argued that much of the technology on contemporary vessels was forced on the industry by shipyards and engine manufacturers and had become so complicated to operate, maintain or fix that it was costing companies money rather than making them more fiscally efficient.

“Bring back simple ships for simple people and bring technology

Continued on page 2

It was billed as an in-depth look at the fundamentals, sentiment and geo-political factors impacting the crude oil and

product tanker market. Tuesday’s Seatrade Tanker Middle East forum quickly morphed into a lively debate on the

regulatory issues impacting every sector of shipping, with “smart” technology once more in the industry’s crosshairs.

Captain David Stockley, the chief operating officer of Oman Shipping Company and one of five panellists assembled to explore the tanker sector, unwittingly plotted the change of course at Seatrade Tanker Middle East session.

How will the new IMO 0.5% sulphur cap, to be unveiled in 2020 and the new Ballast Water Management Convention set for roll out next September impact the sector, Captain?

“Listen I came to sea in 1972 and I’ve sat here through all these years watching IMO and government regulations change without any sense or realistic reason for why they’ve done it or how they are doing it,” said Stockley, whose company earned the coveted “Shipping Company of the Year” award at Monday night’s glitzy Seatrade Middle East, Indian subcontinent and Africa Awards.

“The way Solas was introduced, the way double hulls were introduced, the way everything has been introduced in our industry has been chaotic and what’s happening in the future is the same.

Seatrade Tanker Middle East challenges leak over into all sectors of shipping

E D I T I O N T W O

2 Daily News I Edition Two • Seatrade Maritime Middle East

in where we require it. Bring some sensibility back into the industry because its gone nuts,” Stockley said to a round of applause from the floor.

“I mean who in their right mind is listening to this chaos about having unmanned ships? It is absolutely nuts. We are actually saying this is what we want to do in the future. Come back to reality, please…”

While Stockley’s stance elicited support from one prominent Egyptian tanker fleet operator, the Captain’s fellow panellists say

Continued from page 1

Stavroula Betsakou, head of tanker research at Howe Robinson Partners, kicked off the Seatrade Tanker Middle East conference strand at the SMME event by explaining why rates for large crude tankers had fallen off so sharply this year after the bull market in 2015.

Howe Rob analyst explains 2016fall-off in large tanker rates

Firstly there was the issue of oil production, she said, where export volumes had declined in areas west of Suez, notably in West Africa and Latin America. This had meant that a large number of Suezmaxes normally serving those trades had migrated to Middle East Gulf, the

the advance of technology is inevitable.Ahmed Al Falahi, ceo of Gulf Energy

Maritime, said technology was an important consideration in attracting the new generation of digital savvy seafarers the industry so desperately needs. A BIMCO report warning of an impending labour shortfall of nearly 150,000 people was used as exhibit A in that regard.

“This new technology is complicated, I agree with you,” Al Falahi said. “But who is going to come and work on a ship today if he has a smart house system where he lives and he ends up working on a ship still

using knobs?"Ali Shehab Ahmad, deputy ceo of Kuwait

Oil Tanker Company, agreed that the way forward was to invest in human resources. One of the biggest challenges the industry faced was losing masters and senior crew to a more comfortable existence ashore. Those experienced mariners often went back to sea to prop up their incomes but were missing out on new technology training in between times which compounded the problem, Shehab said.

Industry warned of $200 per tonne bunker price hike due to new IMO 0.5% sulphur cap

Bunker prices could jump by more than $200 a tonne “overnight” when the new IMO 0.5% sulphur cap comes into force in 2020, but the new regulation is not all gloom for the tanker sector.

That was the message from analyst Stavroula Betsakou to Tuesday’s Seatrade Tanker Middle East forum on the second day of the 8th Seatrade Maritime Middle East conference and exhibition in Dubai.

Betsakou, head of tanker research at Howe Robinson Partners, said regardless of what type of fuel refiners eventually settle on to meet the new emission requirements, it will be more expensive than current bunker prices.

“There is going to be a different blend in Singapore and the Middle East gulf and the compatibility of the two is a question to be answered. But in terms of the price, we could be looking at an extra $200 a tonne, or even more, overnight,” she said.

This would equate to around a 70% increase on the current bunker price of around $280 per tonne.

The new bunker fuel is likely to be blended by a limited number of refineries

which would create opportunities for owners, Betsakou said.“There’s lots of implementation elements that still need to be decided and

some of them relate to exemptions, maybe the IMO will grant exemptions when you can’t find the right quality, a compliant fuel when and where you need it.

“That could be quite a broad exemption which could delay real compliance and real impact [of stricter emissions] but overall the regional discrepancies that have been mentioned, on the face of them, it is good for tankers.

“Whether you are going to be moving the diesel around the world, that’s going to increase your demand for product tankers, if it’s a fuel blend then it is your crude tankers that will get involved. So on the face of it you are just going to be using tankers to correct those regional imbalances.

Betsakou believes the higher bunker prices might not be faced solely by tanker owners as traditional hikes have, but also shared with charterers.

“The IMO 2020 is the first time that the bunkers cost is going to go up without oil prices being up, it’s just a quality premium rather than an oil price related premium. Assuming we don’t massively overbuild the market, which I don’t think we will, then there is a much better basis for that extra cost to be shared [by ship owners and charterers].

extra capacity more than offsetting increases in oil production from countries such as Iran, Iraq and Saudi Arabia.

Net effect of this more concentrated deployment of the large tanker fleet into just one, albeit expanding, market has been less volatility or “spikiness” of freight rates, she said, because “MEG cargoes have always been likely to find a ship this year”.

Secondly, there is the often-overlooked factor of a speeding up of the large tanker fleet, Betsakou continued. This occurred around Q1, to capitalise on very favourable market conditions at the time, and has largely persisted ever since, increasing fleet capacity yet further.

Finally, there has been a lack of port congestion this year compared to last which has also served to boost available capacity while removing the uncertainty factor that inflated rates in 2015.

Looking ahead, the year’s peak deliveries are now scheduled to come on stream in Q4, with 24 VLCCs and 17 Suezmaxes due for handover – although maybe as many as 50% of these could carry over into January 2017 on account of slippage, said the Hoew Rob analyst.

Large tanker rates are therefore likely to fall off further in the immediate near term, cautioned Betsakou, leading her to counsel that any owner looking to lock in, say, a one-year time charter would be well-advised to “do it now, because it will be better than in January.”

Stavroula Betsakou

3

31 October - 2 November 2016Dubai International Convention and Exhibition Centre Dubai, UAE

ADSB & Top Oilfield ink deal to serve Oil and Gas industryDuring Seatrade Maritime Middle East, Abu Dhabi Ship Building has signed a Memorandum of Understanding with Top Oilfield to form a specialized team to cater for the oil and gas industry.

The main areas of services are maintenance, repair, overhauling and upgrading of offshore and onshore rig platforms.

The MoU was signed by Eng. Mohamed Al Ghas, Commercial Director of ADSB and Mr. Cory Marion, Managing Director of Top Oilfield.

Commenting on the MoU, Al Ghas said, “Signing this Memorandum will establish a strategic partnership with a specialized company who has several years of expertise in this field. It comes in line with ADSB’s strategy to penetrate the oil and gas industry.”

Safwa Marine sign an MoU with Jalboot Marine Network Safwa Marine LLC, a subsidiary of Abu Dhabi Shipbuilding PJSC, and Jalboot Marine Network LLC, part of Emirates Consortium LLC, have signed a Memorandum of Understanding to build 40-passenger luxury marine transportation vessels in Abu Dhabi. The signing took place on the Abu Dhabi Shipbuilding stand at the SMME exhibition. The vessels will have both RINA and TASNEEF certification, and will be built at the premises of Abu Dhabi Ship Building in Abu Dhabi.Safwa Marine LLC is specialized in repair, maintenance and refit of all types of luxury yachts.

Grandweld has secured its position as the number one regional shipyard for the offshore segment, says Jamal Abki, as the company completes construction of 17 vessels over the space of the last year. Latest projects include advanced crew boats, dive maintenance and support vessels, and work crane boats for a who’s who of Middle East energy firms and offshore contractors.

Grandweld, which has been operating from its Dubai base since 1984, specialises in vessels custom built to conduct complex operations in the region’s challenging offshore environment.

These range from three recently delivered work crane boats for Kuwait Oil Company – optimised for duties such as heavy lifting, oil-pollution control, SPM hose handling, and supply to remote areas – to two modified 42 metre long crew boats (FNSA-3 and FNSA-4) for Fujairah National Shipping Agency. The latter vessels are capable of speeds in excess of 30 knots and are customised to execute operations such as security duties, fast transportation of offshore personal, cargo, and the rapid supply

of fuel and freshwater.“The Middle East is a unique environment,

with unique challenges and opportunities,” states Mr. Jamal Abki, General Manager Grandweld Shipyards. “We have a history of producing vessels that excel here. We use that understanding to continually enhance our offering, while building new relationships with international clients who can benefit from our expertise when it comes to meeting their own

Grandweld looks to build on its market position in coming months

exacting requirements.“Our integrated proposition is efficient,

flexible and modern, while our in-house engineers and project managers are world class. In addition, we invest heavily in research and development to enhance our own designs, as well as using respected external designers when desired. This ensures our vessels are leading the way in operational efficiency, reliability and performance – something the industry clearly appreciates.”

Further noteworthy deliveries over the last months include three 34.3 metre aluminium crew boats to Jana Marine Services, a 50 metre Dive Maintenance & Support Vessel to Abu Dhabi National Oil Company (ADNOC), and the 42 metre crew boats Stanford Volga and Stanford Niger, which are capable of carrying 83 people at speeds of 25 knots.

“It’s an exciting time for the business, and our customers,” concludes Jamal Abki. “As the offshore trend points towards more optimised, complex vessels, our knowledge and experience allows us to respond with advanced new builds that deliver added performance and competitiveness for our clients.

“We’re now looking forward to building on our leading market position over the space of the next 12 months, and beyond.”

Francesco P. Lo Monaco (CEO, Safwa Marine LLC) and Mohamed Roestali (GM, Jalboot Marine Network LLC) shake on the deal. Also present: Mohamed S. Al Ghas (Corporate Commercial Director and Board Member of Safwa Marine LLC); Rashed Al Hebsi (CEO Tasneef); Andrea Di Bella (Area Manager RINA Middle East)

Jamal Abki

4 Daily News I Edition Two • Seatrade Maritime Middle East

The UK's Automated Ships Ltd (an M Subs Ltd subsidiary) and Norway's Kongsberg Maritime have signed a Memorandum of Understanding to build what they claim is the world's first unmanned and fully-automated vessel for offshore operations.

The vessel, named Hrönn, is a light-duty, offshore utility ship servicing the offshore energy, scientific/hydrographic and offshore fish-farming industries. It is expected to be built at Fjellstrand AS yard located on Norway’s west coast and delivered in January 2017.

Sea trials will take place in Norway's newly designated automated vessel test bed in the Trondheim fjord and will be conducted under the eyes of DNV GL and the Norwegian Maritime Authority (NMA) with who the vessel will be classed and flagged, respectively.

Bjørn Johan Vartdal, head of DNV GL Maritime Research called Hrönn, ‘a brave initiative and a major step towards the realisation of these technologies, and we look forward to moving technology frontiers together with all those involved.’

Currently, only small unmanned boats

Unmanned offshore vessel revealed

Kongsberg will deliver all major marine equipment necessary for the design, construction and operation of Hrönn including dynamic positioning and navigation, satellite and position reference, marine automation and communication.

All vessel control systems including K-Pos dynamic positioning, K-Chief automation and K-Bridge ECDIS will be replicated at an Onshore Control Centre, allowing full remote operations of Hrönn.

ISIC targets keeping ahead of technologyPresident of the Jiangsu Islands Shipbuilding Industry Co,. Ltd (ISIC), Mr Yang Y ue, has highlighted the need for shipbuilders to keep abreast of regulatory requirements and growing technology demands as the maritime industry moves towards several deadlines in the coming four years.

His comments come after a meeting of the IMO Marine Environment Protection Committee (MEPC 70) had agreed the 0.5% cap on sulphur emissions from ships would come into force in 2020, rather than the potential later date of 2025. He also made mention to the Energy Efficiency Design Index (EEDI) for new buildings which is another consideration for the industry.

WISTA (Women’s International Shipping & Trading Association), the professional and well recognised Shipping Organization with a focus on improving levels of competency in the shipping industry, held one its regular meetings at Seatrade Maritime Middle East yesterday (1 November 2016).

According to Miranda Strawbridge-Dockerty, board member of WISTA UAE: “The UAE chapter’s mission is to raise awareness of the Middle East shipping industry amongst professional women inside the country and abroad, to encourage more to join the maritime & trading sector and to build a network platform for women within a mainly male dominated industry."

"WISTA UAE meets on a bi-monthly basis and more importantly organises seminars and training programs regularly to educate young women and highlight the many opportunities that exist,” she adds.

WISTA UAE is a Supporting Organisation of Seatrade Maritime Middle East.

are being utilised for near shore operations but there are no technical limitations to constructing large, unmanned and automated systems.

Hrönn will initially operate and function primarily as a remotely piloted ship, in Man-in-the-Loop Control mode, but will transition to fully automated, and ultimately autonomous operations as the control algorithms are developed concurrently during remotely piloted operations.

Mr Yang said: “The biggest challenge for us is the development and advances of technology. New technology can be introduced in three years and by the fifth year it can be redundant. We need to keep on top of this as much as possible and I believe this is the biggest challenge that modern maritime has encountered.”

To try and be at the forefront of potential breakthroughs, ISIC studies other industries, such as petrochemical and automobile propulsion which the company feels gives them an edge in the market space.

Mr Yang added: “Personally I think we have reached the bottom of the depression in the industry. It may stay low for 3-4 years and it’s currently about staying afloat in an increasingly technological driven market.”

The company, which has exhibited at Seatrade Maritime Middle East since 2012, also uses the event to study industry trends,

demand and developments. Mr Yang added: “It is important for us to understand business etiquette and trends in the Middle East region and by doing that, we now have customers in UAE, Saudi Arabia and Kuwait. Certainly doing face-to-face business is key in the region.”

5

31 October - 2 November 2016Dubai International Convention and Exhibition Centre Dubai, UAE

Tuesday saw the culmination of two days packed full of discussion on ship-supply thought leadership at the 61st ISSA Annual Convention and Exhibition. Co-locating for the first time with Seatrade Maritime Middle East (SMME), the Convention attracted nearly 200 of the world’s leading ship supply influencers and featured some fascinating topical content.

Opened by DP World CEO & Chairman HE Sultan bin Sulayem, delegates enjoyed 12 conference sessions over two days and discussed the landscape of the global ship-supply community. Presentations and panel

discussions covered multiple topics including: the development of the Dubai Maritime Cluster; the silent threat of cyber-attacks and how to deal with them; ship-to-shore connectivity and big data.

On day one, delegates were treated to a demonstration of a live cyber-attack showing how quickly a digital hack can escalate and the risks that come with an ever-increasing wireless connectivity capacity. This lead nicely to the day-two discussion on big data and the exponentially increasing opportunity to capture and store information onboard vessels.

Posing more questions than answers, this exciting topic certainly cuts across the entire industry and drew great engagement from the audience.

The dedicated ISSA Zone on the SMME exhibition floor has been an integral part of SMME and today (Wedenesday) offers a final opportunity for regional buyers to meet ISSA-Member suppliers at the biggest maritime event in the Middle East.

Seatrade welcomes 61st ISSA Convention to SMME

Japan-based NGO Peace Boat is working to design and build a cruise ship that demonstrates a cleaner future for the cruise industry, and may, in turn, persuade the wider maritime industry to take up emissions targets in a meaningful way. The Ecoship Project wants to demonstrate what eco-centric designs can achieve if realised. Peace

Boat’s Ecoship Project is one of the exhibitors at the Seatrade Maritime Middle East (stand no. F10).

The Ecoship project hosts a variety of green technologies to significantly reduce emissions

Ecoship plots green course for cruise industry

and waste beyond current capabilities in a design that synthesises the technologies and moves the matter of sustainability to the heart of the way a cruise ship is designed and operated. 30 engineers, scientists and thinkers from fields such as shipbuilding to renewable energy, biophilia and waste management, developed the design of the Ecoship.

The project is now at the stage of taking bids for construction of the vessel and is having design consultation carried out by DNV GL, a partner that recently signed a Memorandum of Understanding with Peace Boat at SMM in September, following original design work from Spanish firm Oliver Design. The contract for the build of the vessel is due to enter into force in 2017, with delivery scheduled for 2020.

The main environmental goals include a 40% reduction of CO2 compared with Peace

Boat’s current ship, Ocean Dream; zero SOx

and NOx emissions; a 20% reduction in fuel consumption for propulsion (compared with cruiseships of a similar size); a 50% reduction in fuel consumption for the hotel (compared with cruiseships of a similar size); and use of LNG as a main fuel source for propulsion, while also using biodiesel, solar, and wind as much as possible to further reduce emissions.

The intention is to deploy a diesel-electric system with two pods producing 10MW each and six dual fuel four stroke hybrid LNG/MGO engines that each produce 4.59MW. In addition, ten sails are proposed to be fitted to the vessel in order to take advantage of Peace Boat’s long spells at Sea while sailing around-the-world. This should reduce the propulsion power needed by around 10% in good wind conditions.

Visit Peace Boat at stand F10.

Daily News I Edition One • Seatrade Maritime Middle East6

We are delighted to announce that Dario Arcella – Vice President of Milaha has won the limited edition print by our resident maritime artist Alastair Houston.

Andrew Williams presenting the painting with artist Alistair Housten to Maher Al Mahmoud and Nitin Joseph, representatives for Dario Arcella.

Continuing one of Dubai Maritime Week’s key themes of smart shipping, consultant Fazel Fazelbhoy outlined his new project with Gecko Marine to offer drone inspection of marine coatings in the Technical Forum. Immediately afterwards, “it was extremely gratifying that a a leading shipping company in the region expressed its desire to go for concept verification by wanting to engage us to conduct a drone-based inspection of their hull condition for forthcoming dry-docking,” he relates. “If this comes to fruition, it would be an incredible start to the implementation of this technology and a trail blazing initiative.” He thanked organisers Imarest and Seatrade for having laid on the Forum to help “introduce state-of-the-art initiatives in this ever changing world of shipping.”

VISIT US STAND V15

We’ve gotyou covered

Cleaning Surface Preparation Painting Insulation Fluid Transfer Lubrication

31 October - 2 November 2016Dubai International Convention and Exhibition Centre Dubai, UAE

7

With shipping associations and environmental bodies lining up to applaud the IMO MEPC decision last week to introduce the 0.5% global sulphur limit by the earlier date of 2020 - but warning of various hurdles still to be overcome - classification society DNV GL has launched a timely guidance paper on the subject.

Entitled ‘Global Sulphur Cap 2020: Know the different choices and challenges for on-time compliance”, the 24-page Guide was published on Friday October 28, the day after the IMO MEPC (Marine Environment Protection Committee) 70 meeting approved the new deadline.

“Although MEPC 70 noted challenges related to fuel blends and quality, regional supply and implementation, it deemed that sufficient quantities of low sulphur fuels would be available in 2020 and that the concerns raised were not significant enough to delay the implementation,” comments DNV GL. Up to 70,000 ships may

New DNV GL Guide on Global Sulphur Cap 2020 unveiledbe affected by the regulation according to IMO estimates, it adds.

Meanwhile, the SEA/LNG coalition of maritime companies keen to promote the use of LNG as a clean marine fuel welcomed the newfound ‘certainty’ on the implementation date, adding “there is now new impetus to resolve the structural and commercial obstacles hindering the widespread adoption of LNG as marine fuel.”

The world’s largest shipping association Bimco last Friday issued an announcement urging that: “The years leading up to 2020 must now be used effectively to alleviate the consequences of the unprecedented disruptive change in supply of marine fuels by 1 January 2020 and ensure a continued level playing field in the industry.”

The DNV GL Guide can be downloaded from the company’s website - as can an equally topical Guide to the BWM (Ballast Water Management) Convention - or obtained in hard copy by visiting the DNV GL stand K7.

Palm Garden Networking with colleagues and clients

Andreas Bodmann, communications director of DNV GL-Maritime

DR MAZROUEI WINS PERSONALITY OF THE YEAR AT SEATRADE MARITIME AWARDSDr Khaled Al Mazrouei, Chief Executive Officer, Abu Dhabi Ship Building (ADSB) was revealed as Seatrade Personality of the Year Award 2016 during the prestigious Seatrade Maritime Awards on 31st October 2016 in the spectacular ballroom at Atlantis, The Palm, Dubai.

Dr Mazrouei took centre stage during the evening which also saw Eng. Ibrahim Abdulrahman Al-Omar, Chief Executive Officer, The National Shipping Company of Saudi Arabia, (Bahri) win the Seatrade Outstanding Achievement Award 2016 and Seatrade Young Person of the Year Award 2016 awarded to Mr Paul Katsouris, Senior Associate - Head of Greece Desk, Fichte Legal Consultants. The Seatrade Lifetime Achievement Award 2016 was given to the Sharaf Group.

The Seatrade Maritime Awards honour individuals, organisations and companies from across the shipping industry and are held under the patronage of His Excellency Sultan Ahmed bin Sulayem, Group Chairman and CEO of

DP World and Chairman of Dubai Maritime City Authority (DMCA) and as part of Dubai Maritime Week.

Attended by some of the most high profile and senior industry professionals in the shipping and maritime industry, the evening featured a surprise guest, English former football player and manager, Kevin Keegan, OBE, who entertained the audience with amusing football anecdotes. Also taking his share of the evening’s spotlight was prominent TV presenter, Nouraldin Al Yousuf, who acted as Emcee for the evening.

According to Chris Hayman, Chairman of Seatrade: “The Seatrade Maritime Awards were established to offer a platform to promote significant contribution and pioneering advancements across the maritime and shipping world and along with the Seatrade Awards in London and the Seatrade Maritime Awards in Asia, are now widely regarded as the maritime premier awards globally.”

SAFETY AND QUALITY AWARD: Drydocks World Dubai

EDUCATION AND TRAINING AWARD: Krishnapatnam Port Company Limited

CORPORATE SOCIAL RESPONSIBILITY AWARD: ASRY (Arab Shipbuilding & Repair Yard)Highly commended: Krishnapatnam Port Company Limited

TECHNICAL INNOVATION AWARD: WärtsiläHighly commended: Hubert Palfinger Technologies GmbH

GREEN SHIPPING AWARD: United Arab Shipping Company S.A.G

OFFSHORE MARINE AWARD FOR OWNERS & OPERATORS: Halul Offshore Services Company W.L.L.Highly commended: Topaz Energy and Marine

SHIP REPAIR INNOVATION AWARD: Hubert Palfinger Technologies GmbHHighly commended: Abu Dhabi Ship Building PJSC

PORT AUTHORITY AWARD: Abu Dhabi Ports

SHIP AGENT AWARD: GAC GroupHighly commended: Inchcape Shipping Services and Sharaf Shipping Agency

PORT TERMINAL OPERATOR AWARD: Gulftainer

CONTRIBUTION TO DEVELOPMENT OF THE REGIONAL MARITIME CLUSTER AWARD: Basra Gateway Terminal

SHIPPING COMPANY OF THE YEAR: Oman Shipping Company S.A.O.C

MARITIME LOGISTICS AWARD: Abu Dhabi TerminalsHighly commended: International Ports Services Co. Ltd.

DEAL OF THE YEAR:Tristar Transport LLCHighly commended: Topaz Energy and Marine

OFFSHORE MARINE DEVELOPMENT AWARD - AFRICA: CS Offshore DMCC

SEATRADE MARITIME NEWS READERS’ CHOICE AWARD: SHIP SUPPLIER OF THE YEAR: Middle East Fuji, LLC

SEATRADE LIFETIME ACHIEVEMENT AWARD 2016: Sharaf Group

SEATRADE PERSONALITY OF THE YEAR AWARD 2016: Dr Khaled Al Mazrouei, Chief Executive Officer, Abu Dhabi Ship Building (ADSB)

SEATRADE YOUNG PERSON OF THE YEAR AWARD 2016: Mr Paul Katsouris, Senior Associate - Head of Greece Desk, Fichte Legal Consultants

SEATRADE OUTSTANDING ACHIEVEMENT AWARD 2016: Eng. Ibrahim Abdulrahman Al-Omar, Chief Executive Officer, The National Shipping Company of Saudi Arabia, (Bahri)

CONGRATULATIONS TO THE WINNERS OF SEATRADE MARITIME AWARDS MIDDLE EAST, INDIAN SUBCONTINENT AND AFRICA 2016

31 October 2016Atlantis, The PalmDubai

Part of

Seatrade Personality of the Year Award 2016, sponsored by DP World – UAE Region, was awarded to Dr Khaled Al Mazrouei, CEO, Abu Dhabi Ship Building. Presented by Mr Mohammed Ali Ahmed, Chief Operating Officer, DP World – UAE Region. Accompanied by Mr Andrew Williams, Group Managing Director, Seatrade and Mrs Vanessa Stephens, Managing Director, Seatrade Middle East.

Seatrade Outstanding Achievement Award 2016, sponsored by Qatar Navigation (Milaha) QSC, was awarded to Eng. Ibrahim Abdulrahman Al-Omar, CEO, The National Shipping Company of Saudi Arabia (Bahri). Accepted on his behalf by Mr Aimn Abdulmohsen AlSadoun, Corporate Communication Manager, The National Shipping Company of Saudi Arabia (Bahri) and presented by Mr Gautam L. Bellur, Senior Vice President – Corporate Development & Communications, Qatar Navigation (Milaha). Accompanied by Mr Andrew Williams, Group Managing Director, Seatrade and Mrs Vanessa Stephens, Managing Director, Seatrade Middle East.

Seatrade Young Person of the Year Award 2016, sponsored by Hutchison Ports, was awarded to Paul Katsouris, Senior Associate – Head of Greece Desk, Fichte Legal Consultants. Presented by Mr Jay New, CEO, International Port Services. Accompanied by Mr Bob Jaques, Editor, Seatrade Maritime Review; Mrs Vanessa Stephens, Managing Director, Seatrade Middle East and Mr Andrew Williams, Group Managing Director, Seatrade.

Seatrade Lifetime Achievement Award 2016, sponsored by Basra Gateway Terminal, was awarded to Sharaf Group. Presented to by Mr Phillip Marsham, CEO, Basra Gateway Terminal to Mr Ibrahim Sharaf, Chairman, Sharaf Group and Major General Sharafuddin, Vice Chairman, Sharaf Group. Accompanied by Mr Chris Hayman, Chairman, Seatrade.

SEATRADE WOULD LIKE TO THANK ALL ITS SPONSORS FOR THEIR SUPPORT

R : 0G : 149B : 199

R : 138G : 21B : 56

Go to www.linkedin.com and join Seatrade Maritime Events group for information and updates

@SeatradeME Seatrade Maritime Events

www.seatrade-middleeastawards.com8

DR MAZROUEI WINS PERSONALITY OF THE YEAR AT SEATRADE MARITIME AWARDSDr Khaled Al Mazrouei, Chief Executive Officer, Abu Dhabi Ship Building (ADSB) was revealed as Seatrade Personality of the Year Award 2016 during the prestigious Seatrade Maritime Awards on 31st October 2016 in the spectacular ballroom at Atlantis, The Palm, Dubai.

Dr Mazrouei took centre stage during the evening which also saw Eng. Ibrahim Abdulrahman Al-Omar, Chief Executive Officer, The National Shipping Company of Saudi Arabia, (Bahri) win the Seatrade Outstanding Achievement Award 2016 and Seatrade Young Person of the Year Award 2016 awarded to Mr Paul Katsouris, Senior Associate - Head of Greece Desk, Fichte Legal Consultants. The Seatrade Lifetime Achievement Award 2016 was given to the Sharaf Group.

The Seatrade Maritime Awards honour individuals, organisations and companies from across the shipping industry and are held under the patronage of His Excellency Sultan Ahmed bin Sulayem, Group Chairman and CEO of

DP World and Chairman of Dubai Maritime City Authority (DMCA) and as part of Dubai Maritime Week.

Attended by some of the most high profile and senior industry professionals in the shipping and maritime industry, the evening featured a surprise guest, English former football player and manager, Kevin Keegan, OBE, who entertained the audience with amusing football anecdotes. Also taking his share of the evening’s spotlight was prominent TV presenter, Nouraldin Al Yousuf, who acted as Emcee for the evening.

According to Chris Hayman, Chairman of Seatrade: “The Seatrade Maritime Awards were established to offer a platform to promote significant contribution and pioneering advancements across the maritime and shipping world and along with the Seatrade Awards in London and the Seatrade Maritime Awards in Asia, are now widely regarded as the maritime premier awards globally.”

SAFETY AND QUALITY AWARD: Drydocks World Dubai

EDUCATION AND TRAINING AWARD: Krishnapatnam Port Company Limited

CORPORATE SOCIAL RESPONSIBILITY AWARD: ASRY (Arab Shipbuilding & Repair Yard)Highly commended: Krishnapatnam Port Company Limited

TECHNICAL INNOVATION AWARD: WärtsiläHighly commended: Hubert Palfinger Technologies GmbH

GREEN SHIPPING AWARD: United Arab Shipping Company S.A.G

OFFSHORE MARINE AWARD FOR OWNERS & OPERATORS: Halul Offshore Services Company W.L.L.Highly commended: Topaz Energy and Marine

SHIP REPAIR INNOVATION AWARD: Hubert Palfinger Technologies GmbHHighly commended: Abu Dhabi Ship Building PJSC

PORT AUTHORITY AWARD: Abu Dhabi Ports

SHIP AGENT AWARD: GAC GroupHighly commended: Inchcape Shipping Services and Sharaf Shipping Agency

PORT TERMINAL OPERATOR AWARD: Gulftainer

CONTRIBUTION TO DEVELOPMENT OF THE REGIONAL MARITIME CLUSTER AWARD: Basra Gateway Terminal

SHIPPING COMPANY OF THE YEAR: Oman Shipping Company S.A.O.C

MARITIME LOGISTICS AWARD: Abu Dhabi TerminalsHighly commended: International Ports Services Co. Ltd.

DEAL OF THE YEAR:Tristar Transport LLCHighly commended: Topaz Energy and Marine

OFFSHORE MARINE DEVELOPMENT AWARD - AFRICA: CS Offshore DMCC

SEATRADE MARITIME NEWS READERS’ CHOICE AWARD: SHIP SUPPLIER OF THE YEAR: Middle East Fuji, LLC

SEATRADE LIFETIME ACHIEVEMENT AWARD 2016: Sharaf Group

SEATRADE PERSONALITY OF THE YEAR AWARD 2016: Dr Khaled Al Mazrouei, Chief Executive Officer, Abu Dhabi Ship Building (ADSB)

SEATRADE YOUNG PERSON OF THE YEAR AWARD 2016: Mr Paul Katsouris, Senior Associate - Head of Greece Desk, Fichte Legal Consultants

SEATRADE OUTSTANDING ACHIEVEMENT AWARD 2016: Eng. Ibrahim Abdulrahman Al-Omar, Chief Executive Officer, The National Shipping Company of Saudi Arabia, (Bahri)

CONGRATULATIONS TO THE WINNERS OF SEATRADE MARITIME AWARDS MIDDLE EAST, INDIAN SUBCONTINENT AND AFRICA 2016

31 October 2016Atlantis, The PalmDubai

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Seatrade Personality of the Year Award 2016, sponsored by DP World – UAE Region, was awarded to Dr Khaled Al Mazrouei, CEO, Abu Dhabi Ship Building. Presented by Mr Mohammed Ali Ahmed, Chief Operating Officer, DP World – UAE Region. Accompanied by Mr Andrew Williams, Group Managing Director, Seatrade and Mrs Vanessa Stephens, Managing Director, Seatrade Middle East.

Seatrade Outstanding Achievement Award 2016, sponsored by Qatar Navigation (Milaha) QSC, was awarded to Eng. Ibrahim Abdulrahman Al-Omar, CEO, The National Shipping Company of Saudi Arabia (Bahri). Accepted on his behalf by Mr Aimn Abdulmohsen AlSadoun, Corporate Communication Manager, The National Shipping Company of Saudi Arabia (Bahri) and presented by Mr Gautam L. Bellur, Senior Vice President – Corporate Development & Communications, Qatar Navigation (Milaha). Accompanied by Mr Andrew Williams, Group Managing Director, Seatrade and Mrs Vanessa Stephens, Managing Director, Seatrade Middle East.

Seatrade Young Person of the Year Award 2016, sponsored by Hutchison Ports, was awarded to Paul Katsouris, Senior Associate – Head of Greece Desk, Fichte Legal Consultants. Presented by Mr Jay New, CEO, International Port Services. Accompanied by Mr Bob Jaques, Editor, Seatrade Maritime Review; Mrs Vanessa Stephens, Managing Director, Seatrade Middle East and Mr Andrew Williams, Group Managing Director, Seatrade.

Seatrade Lifetime Achievement Award 2016, sponsored by Basra Gateway Terminal, was awarded to Sharaf Group. Presented to by Mr Phillip Marsham, CEO, Basra Gateway Terminal to Mr Ibrahim Sharaf, Chairman, Sharaf Group and Major General Sharafuddin, Vice Chairman, Sharaf Group. Accompanied by Mr Chris Hayman, Chairman, Seatrade.

SEATRADE WOULD LIKE TO THANK ALL ITS SPONSORS FOR THEIR SUPPORT

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Go to www.linkedin.com and join Seatrade Maritime Events group for information and updates

@SeatradeME Seatrade Maritime Events

www.seatrade-middleeastawards.com9

Daily News I Edition One • Seatrade Maritime Middle East10

The Dubai-based Emirates Maritime Arbitration Centre (EMAC), the first of its type in the Middle East and North Africa (MENA) region, has opened its doors.

Established by the Dubai government to provide arbitration and mediation services across the UAE, the GCC and the MENA regions, the not-for-profit EMAC is headquartered in Dubai International Financial Centre (DIFC).

EMAC has compiled a list of selected arbitrators, mediators and experts to facilitate timely arbitration and mediation. Emergency arbitrators are also readily available to ensure fast interim action may be taken if necessary

It also offers a variety of additional services such as arbitration/mediation meeting rooms, appointment of translators, session stenographers and case secretaries.

“EMAC is an advanced maritime arbitration centre with its rules based on internationally recognised and accepted standards such as those of the UNCITRAL and uses the DIFC as its default jurisdiction enabling enforcement of arbitral awards in a timely fashion,” said Majid Bin Bashir, vc and secretary general of EMAC (pictured right).

EMAC has urged public and private companies and organisations to start using the EMAC model arbitration and mediation clauses in its contracts, standard terms and conditions which are free to download on its website www.emac.org.ae.

Corporate and individual membership packages, intended to create a platform for discussions and engagement to further the maritime sector, is also available and will include discounts at EMAC’s conferences, workshops and other capacity building programs.

The first such event will be EMAC’s formal public launch on 2 November during the Dubai Maritime Summit. EMAC will also hold an introductory panel in Abu Dhabi during the ADIPEC event on 10 November and has a similar event scheduled for Fujairah in March 2017.

Executive committee member Richard Briggs believes the new EMAC will facilitate best practice dispute resolution for the maritime sector.

"We are confident of meeting the challenge of being a specialised regional and international arbitration centre operating out of the UAE, servicing and adding to the maritime and trade cluster already thriving in the region," Briggs said.

Emirates Maritime Arbitration Centre opens its doors in Dubai

Australia-based exhibitor SpeedCast International Ltd (stand K13), a leading global satellite communications and network service provider, today announced it has agreed to acquire Harris CapRock of the US in a cash transaction valued at US$425m.

The acquisition strengthens SpeedCast’s already strong position in the Maritime industry, in which Houston-based Harris CapRock has a leading position in the fast-growing and bandwidth-hungry Cruise sector, and creates a new global leader in Energy.

SpeedCast already has strong record in providing marine customers in the Middle East region with robust and reliable communication networks. It recently secured the contract to

Dammam Shipyard, part of Al Blagha Holding Group, has signed an MoU and strategic partnership with KDU World Wide Technical Services FZC.

The two companies have agreed to share resources in a joint marketing and operational venture to increase market share by both responding to increasing customer demand for turnkey solutions - a trend that they believe is becoming more prevalent in the region.

From left: Eng. Amro Kamal, Production Manager, Dammam Shipyard; Ahmed F. Al Ashry, CFO, Dammam Shipyard; Abdullah Ali Al-Zahrani, Administrative Manager, Jeddah Ship Repair; Detlev Kutke, Engineering & Offshore Director, Dammam Shipyard; Suresh Nair, Group CEO, KDU and Vinay Uchil, Managing Director, KDU

Scandia Gear, who boasts a 40 year heritage in creating apparel and PPE for the maritime and offshore industries has made its SMME debut with an innovative display of its product line on the exhibition floor and plans to expand into the region.

“The long-term contract agreements we have recently been awarded by Wilhelmsen Ship Management and by OSM Maritime Group, one of our newest clients, signify our global growth and align with our goal of outfitting the crews on all rigs, vessels, and cruise ships worldwide. To the maritime and offshore industries, we offer the industry’s best price–performance ratio because we manufacture everything in-house and do not use third parties.” said says Robert Droogleever, Director of Marketing Strategy.

Visit Scandia Gear in Hall 7, Stand P303.

Dammam Shipyard MoU signed

Scandia Gear makes SMME debut

supply Fleet Broadband to all Gulf Marine Services barges, and recently completed installation of the 12th VSAT system on board their barges.

The Harris CapRock deal is the latest of a flurry of recent initiatives by a company in full expansion mode. In August it had announced the acquisition of WINS Limited (WINS), a leading Europe-based provider of innovative broadband satellite communications and IT solutions for the maritime sector. And only last week it announced a global teaming with Ericsson to become satellite connectivity solution provider partner for the telecommunications giant.

As regards to its expanding portfolio of maritime satellite services, SpeedCast in June inked a deal with Inmarsat to become global supplier of Fleet Xpress. And last month it launched a new maritime email communication solution called SpeedMail+.

SpeedCast acquires Harris CapRock

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31 October - 2 November 2016Dubai International Convention and Exhibition Centre Dubai, UAE

Daily News I Edition Two • Seatrade Maritime Middle East12

1 - Best Shell Stand (15sqm and over)• Best Marine Exports

2 - Best Shell Stand (under 15sqm)• Oceanus Maritime

3-4 - Best Space Stand (over 40sqm)• The National Shipping Company of Saudi Arabia (Bahri)• Mwani Qatar – Qatar Ports Management Company

5 - Best Space Stand (under 40sqm)• Ozata Ship Yard

6 - Most Innovative Stand• Milaha Qatar Navigation

7 - Best Interactive Stand• Elcome International LLC

8 - Best Use of Corporate Branding• DP World – UAE Region

9 - Best Newcomer• King Abdullah Port

10 - Best Marketing & PR Campaign• Grandweld Shipyards

Congratulations to the SMME stand winners!

By popular demand, the Seatrade stand awards returned to Seatrade Maritime Middle East 2016 – rewarding exhibitors for the clever use of their stand space and design.

A particular note of congratulations goes to Grandweld Shipyards who have won ‘Best marketing & PR campaign’ consistently across 3 Seatrade exhibitions!

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