Chemical & Product Tanker Awards 

Programme

New rules. New routes. New technologies. New fuels. New infrastructure. New ship designs

DAY ONE: THURSDAY 28 APRIL 2022

SESSION 1: CHEMICAL & PRODUCT TANKER SHIPPING & TRADE: MARKETS

Time	Session / Paper	Presenters
09:30	Overview of the global chemical tanker markets Tonne-mile trade. Steaming speeds. Port congestion The trades: petrochemicals, alcohol, vegetable and animal oils and fats, acids and inorganic Shore reception facility availability and changing trading patterns How buoyant are biofuels? Secondhand stainless steel and other chemical tanker asset classes Where to make money in this segment in 2022/2023	Charles Lawrie, CEO, Richardson Lawrie Associates
10:00	Overview of the global product tanker markets Green shoots of recovery: current global refinery runs and refined product inventories Will newbuild crude tankers continue to cannibalise LR2 (and other) cargoes? Demand drivers: key sources of product tanker demand, drivers of volatility Fleet supply - newbuilding, secondhand and scrapping markets Fleet supply - a consolidating market? Where to make money in this segment in 2022/2023	Richard Matthews, Director, Consultancy & Research, EA Gibson Shipbrokers
10:30	Q&A
10:50	Networking coffee break in the exhibition area	Sponsored by

SESSION 2: CHEMICAL & PRODUCT TANKER SHIPPING & TRADE: REGULATIONS AND DERISKING YOUR DECARBONISATION STRATEGY

This session sets out the information and options tanker operators need to achieve to maintain regulatory compliance, insurance cover and charters.

• Readying for EEXI, CII and Ship Energy Efficiency Management Plans: finding the right technical and operational strategy
• The rise of the decarbonisation hub and pan-industry collaboration
• Whether EU legislation – including the ETS and FuelEU Maritime Directive – will shape or diverge from IMO policy on GHG emissions
• The likelihood product and chemical tanker charterers will be designated responsible parties in the EU’s Emissions Trading Scheme
• The US$5Bn IMO Maritime Research Fund as a catalyst for product and chemical tanker decarbonisation from 2023
• Older product and chemical tonnage EEXI and engine power limitation requirements
• Proposed emissions legislation and cargo heating, tank cleaning and time in port

SESSION 3: CHEMICAL & PRODUCT TANKER SHIPPING & TRADE: ECO-FRIENDLY DESIGNS, EMISSIONS AND ENVIRONMENT IN FOCUS

• Modern product and chemical tanker eco-vessel designs
• Fleet renewal, retrofitting and drydocking
• Ballast water treatment systems
• Exhaust gas cleaning treatment systems
• Digital technologies and carbon emissions reduction
• Mitigating emissions: cargo heating, tank cleaning and time in port
• Product and chemical tanker voyage and vessel optimisation
• Assessing chemical and product tankers that run on biofuel blends

SESSION 4: NEW TECHNOLOGIES, NEW FUELS, NEW INFRASTRUCTURE AND NEW SHIP DESIGNS: LNG, METHANOL AND AMMONIA

The tanker industry is assessing and switching to new fuels, however questions remain. This session sees a succession of case studies that assess the operational experience, issues, challenges and rewards seen when running on a candidate future fuel.

DAY 2: FRIDAY 29 APRIL 2022

SESSION 5: TANK COATING, TANK CLEANING PROCEDURES AND SAFE CARRIAGE OF CHEMICAL CARGOES

Marine coatings, tank preparation, tank cleaning and the ability to handle hazardous and corrosive cargoes dictate the trade and lifecycle of a chemical tanker while day-to-day trade is governed by the carriage requirements set out in the 2021 Revision of the IBC Code. This session delivers vital updates and ways forward on the challenges at the heart of successful chemical tanker operations.

• Tank cleaning products and procedures
• Tank cleaning challenges and solutions
• How clean is clean?
• Cargo sequencing and the right coating for the right cargo
• The relationship between coating and cleanliness
• The wall wash whitewash. UV spectroscopy. Acetone
• Charterers’ varying requirements
• High-purity chemical cargo considerations
• Newly designated toxic products and tank atmosphere testing requirements
• Vapour return facilities at the terminal
• New guidance for crews and due diligence requirements
• What recent cargo claims teach the industry
• Cargo tank coatings: what can go wrong (and how to avoid it)

SESSION 6: SIRE 2.0 IS HERE: UNDERSTAND THE IMPLICATIONS FOR VETTING AND INSPECTIONS

Although SIRE 2.0 has been deferred to Q4 2022, it will usher in new approaches to vessel governance, inspection and use of technology, replacing the current system with a more comprehensive inspection regime based on a risk-based approach. This session will look at what this means in practice and how the new regime dovetails with CDI, SIRE and OCIMF regulations.

• SIRE 2.0: what this means for day-to-day operations
• Trends in vetting records and vetting acceptance
• The route to Zero Observations
• Making sure crew are on board – in every sense
• Balancing remote and physical inspections
• How operators can prosper in a charterer’s market
• What vetting inspectors and local agents seek

SESSION 7: COMMERCIAL ADVANTAGES AND OPERATIONAL CONSIDERATIONS WHEN SWITCHING PRODUCT TANKER CARGOES

By improving the predictability of costs and time required for tank preparations, product tanker operators can boost profitability when switching between product tanker cargoes

• Tank cleaning: standards, in transit options and dealing with residues
• Well timed switching: sequencing, chemical cleaning and the duration between loading cargoes
• Coating selection that preserves and extends trading options
• Specifying the right quantity of chemical and cleaning agents
• Case study: safe, speedy and successful switching between CPP-Chemicals-DPP
• Charterer requirements. Warranty issues
• Crew training. Crew safety

SESSION 8: WHAT IS GOING ON IN CHEMICAL AND PRODUCT TANKER COMPANY BOARDROOMS

Our panel will share what is concentrating the time, money and attention of industry leaders at boardroom tables across the chemical and product tanker industry

• Market conditions and market perspectives
• Access to cargo, capital and ports
• Investor relations and regulatory outlook
• The energy transition and fuel efficiency
• ESG considerations and derisking investment strategy
• Geo-political outlook and black swan events
• Changing dynamics in the supply chain and chartering
• Future proofing the organisation

* Programme subject to change / amendments

Venue

Cavendish Conference Centre

Conference room - Auditorium
Exhibition room - Whittington Suite

22 Duchess Mews
London W1G 9DT

Venue website

Cavendish Conference Centre, located alongside Oxford Circus and Cavendish Square, has a long established reputation for customer service, hospitality and superb conference facilities. The Cavendish Conference Centre has been voted Best Conference Venue Customer Service on many occasions.

• Award-winning conference venue
• State of the art conference facilities
• Free WiFi connection in all rooms
• Environmentally responsible: the first London venue to be accredited landfill neutral
• 10 minutes walk from Oxford Circus underground station

Bedroom reservations

For assistance with bedroom reservations, please contact HotelRes, our sole agency partner for this event. They can be contacted on +44 (0)330 128 9950 or email reservations@hotelresuk.com.

Should you receive an unsolicited call or email from an unauthorised party, please obtain their details and contact us immediately at mirella.charter@rivieramm.com. We recommend that you do not provide your personal, company or credit card information unless you are sure as to their legitimacy. Thank you.