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RESCON 2014 - The Red Sea Bunkering Conference


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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 or call +971 4 407 2511 for more information.

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RESCON 2014 - The Red Sea Bunkering Conference

  1. 1. The Red Sea and Gulf Bunkering Conference  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. 2. Tel: +971 4 335 2437 | Fax: +971 4 335 2438 | Email: | Web: 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. 3. Tel: +971 4 335 2437 | Fax: +971 4 335 2438 | Email: | 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. 4. Tel: +971 4 335 2437 | Fax: +971 4 335 2438 | Email: | 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: Tuesday 30 September 2014Conference Day TWOPresentationPresentation Presentation Interactive Roundtable PANEL
  5. 5. Tel: +971 4 335 2437 | Fax: +971 4 335 2438 | Email: | 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
  6. 6. 28 Sept – 1 Oct 2014 | The Address Hotel, Dubai Mall, Dubai, UAE Please þ the session/s you wish to attend: DELEGATE DETAILS First Name: Surname: Job Title: Company: Address: Postal Code: Country: City: Tel: Mobile: Fax: Email: PAYMENTS A confirmation letter and invoice will be sent upon receipt of your registration. Please note that full payment must be received prior to the event. Only those delegates whose fees have been paid in full will be admitted to the event. CANCELLATION If you are unable to attend, a substitute delegate will be welcome in your place. Registrations cancelled more than 7 days before the Event are subject to a $200 administration charge. Registration fees for registrations cancelled 7 days or less before the event must be paid in full. Substitutions are welcome at any time. All registrations are subject to acceptance by informa which will be confirmed to you in writing. Due to unforeseen circumstances, the programme may change and informa reserves the right to alter the venue and/or speakers or topics. AVOID VISA DELAYS – BOOK NOW Delegates requiring visas should contact the hotel they wish to stay at directly, as soon as possible. Visas for non-GCC nationals may take several weeks to process. Five Easy Ways To Register Informa Middle East Ltd. P.O Box 9428 , Dubai, UAE Price Before 19 June 2014 Price Before 7 August 2014 Price Before 28 August 2014 Final Price Conference + 3 Workshops US$4,390 US$4,590 US$4,790 US$4,990 Conference + 2 Workshops US$3,535 US$3,735 US$3,935 US$4,135 Conference + 1 Workshop US$2,680 2,880 US$3,080 US$3,280 Conference Only US$2125 US$2325 US$2525 US$2725 Workshop Only (per Workshop) US$850 US$950 US$1,050 US$1,150 Conference fees include documentation, luncheon and refreshments. Delegates who attend all sessions will receive a Certificate of Attendance. All registrations are subject to our terms and conditions which are available at Please read them as they include important information. By submitting your registration you agree to be bound by the terms and conditions in full. CALL: +971 4 335 2483 E-MAIL: GROUP DISCOUNTS AVAILABLE OJ AY2029 EVENT VENUE: The Address Hotel, Dubai Mall, Dubai, UAE Tel: +971 4 438 8888 ACCOMMODATION DETAILS We highly recommend you secure your room reservation at the earliest to avoid last minute inconvenience. You can contact the Hospitality Desk for assistance on: Tel: +971 4 407 2693 Fax: +971 4 407 2517 Email: BunkeringEN110306LK/DD +971 4 335 2437 +971 4 335 2438 Sunday 28 September 2014 Monday 29 September 2014 Tuesday 30 September 2014 Wednesday 1 October 2014 Pre Forum Workshop A Pre Forum Workshop B  RESCON 2014 Conference POST-forum Workshop © Copyright informa Middle East Limited Scan here for more information