Hellenic Forum27 March 2008

Athens

Peter M. Swift

2008 Association DatesAPRIL - ISTANBUL

20 Golf tournamentBosphorus Cruise Associate Members’ meeting

21 ExCom/CouncilFocus sessions – Chemical Shipping, Shipbuilding, EU Competition Law, Vetting, Human Element, Air Emissions.

22-23 Tanker Event22 State of the industry

Poseidon ChallengeAGM

23 Poseidon ChallengeOil & Market session

22 Tanker Chartering seminar21-23 Partner’s programme

NOVEMBER – LONDON

17-18 ExCom/Council, London

INTERTANKO Overview

Compliance Law

Council AgendaElection of Executive CommitteeCorporate Review Relationships with other organisations Membership Finances Panel Reorganisation Secretariat

INTERTANKO Issues, including Air Emissions / Green house gases Environmental issues

Human Element / Manning issues Incident statistics (2007) European and US update Load Lines - South African coast

2007 Incident Statistics

Tanker incidents 2007 by type and accidental pollution

1000 ts oil pollutionNo. incidents

0

200

400

600

800

1000

78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07

0

100

200

300

400

500

600

700

War

Hull & Machinery

Fire/Expl

Grounded

Coll/Contact

Misc.

Pollution - bars

Source: INTERTANKO/LMIU/ITOPF/various

Accidental oil pollution into the sea

Source: ITOPF/Fearnleys

10001000ts spiltts spilt

bn bn tonne-mtonne-m

0.0

0.7

1.4

2.1

2.8

3.5

1970s 1980s 1990s PR00s

0

26

52

78

104

130

1000 ts spilt

'0000 bntonne-miles

- 63% -6% -78%

-45% -33% -82%-45% -33% -82%Reduction per tonne milesReduction per tonne miles

Reported tanker incidents

Number

0

200

400

600

800

1000

78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07

0

84

168

252

336

420

00 01 02 03 04 05 06 07

War

H & M

F & E

Grounding

Collis.

M isc

Source: INTERTANKO/LMIU/various

Tanker incidents 2007 by type

Source: INTERTANKO/LMIU/various

1%

27%

13%

29%

9%

20%

Collision/contact

Grounding

Fire/Explosion

Hull & machinery

Misc/unknown

Hostilties

Collision Grounding

Hull & Machinery 95 of which 56 engine related

Misc.

Fire & Expl.

Reported tanker 325

incidents 2007

Tanker incidents 2007 by size

24%

17%

15%

44%

>10,000

10-29,999

30-99,999

<100,000 dwt

325 incidents

Tanker incidents 2007 by age

Built 1970s -

Built 1980s

Built 1990s

Built 2000s

Incidents/no tankers:

0.000 0.200

Built1970s

Built1980s

Built1990s

Built2000s

325 incidents

13%

21%

33%

33%

Tanker engine related incidents

No

Source: INTERTANKO/LMIU/various

0 10 20 30 40 50 60

2002

2003

2004

2005

2006

2007

Below 10,000

10-29,999 dwt

30-99,999 dwt

Above 100,000 dwt

2007 incidents by

% of fleet per 000 dwt category:

0.0% 0.2% 0.4% 0.6%

<10

10-30

30 -100

>100

Tanker incidents: engine related

No

Source: INTERTANKO/LMIU/various

0 10 20 30 40 50 60

2002

2003

2004

2005

2006

2007

1970s1980s1990s2000s

NK

Built:

0.0% 0.2% 0.4% 0.6%

1970s

1980s

1990s

2000s

2007 incidents by

% of fleet per decade of build:

“Dramatic increase” in ship total and partial losses

The International Union of Marine Insurance (IUMI)

Machinery damage accounted for 35% of serious losses with collisions

another 25% and groundings 20%.

Load Lines – South African Coast

Load Lines - South African Coast

16 Apr – 15 Oct = WINTER16 Oct – 15 Apr = SUMMER

20 NM

Load Line Chart Zone

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