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“ Owners and Managers delivering in troubled times ” Peter M Swift, MD, INTERTANKO

“ Owners and Managers delivering in troubled times ” Peter M Swift, MD, INTERTANKO. Financial Crisis / Global Recession. $$. CONTINUE in troubled times: To MAINTAIN ships To TRAIN staff To be SOCIALLY RESPONSIBLE. Shipping & Shipyard Surpluses. TOO MANY Ships Shipyards

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“ Owners and Managers delivering in troubled times ” Peter M Swift, MD, INTERTANKO

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  1. “ Owners and Managers delivering in troubled times ” Peter M Swift, MD, INTERTANKO

  2. Financial Crisis / Global Recession $$ CONTINUE in troubled times: • To MAINTAIN ships • To TRAIN staff • To be SOCIALLY RESPONSIBLE

  3. Shipping & Shipyard Surpluses TOO MANY • Ships • Shipyards • Ship managers ? Other than MARKET FORCES, are OTHER CONTROLS possible ?

  4. Piracy A CONTINUING PROBLEM, • SOMALIA - No nearer a solution ? • More military assets ? • Armed guards on more vulnerable ships ? • OTHER AREAS OF THE WORLD forgotten ? • Negative effects on crews ignored ?

  5. Manning Crises • Continuing shortage • Quality issue as much as a quantity issue ? • More needed to ensure competencies and experience ? • Compulsory berths on all new ships ? • Higher standards of accommodation AND • Criminalisation

  6. Environmental Challenges NOx, SOx, PMAnnex VI CO2/GHG emissions ODS = Ozone Depleting Substances (cooling medium) VOC = Volatile Organic Compounds Waste Management Ship Strikes with Cetaceans Marine Noise Pollution Garbage Sewage Life cycle Building to Decommissioning - Recycling Accidentaloil pollution Ballast water Toxic Antifouling and Biofouling

  7. Climate Change • One of the biggest challenges for the Shipping Industry ? • How to ensure ship emissions regulated through the IMO ? • How to ensure no market distortions ?

  8. AND More How to • Maintain International Governance Structures • Improve Information Sharing & Feedback Loops • Cooperate better with regulators • DELIVER IN TROUBLED TIMES ????

  9. Troubled Times ?

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