An Unsettled Market: What’s in store for 2010 and beyond?

• Review of average day rates, spot market and long-term charter contracts
• Analysis of OSV types and over-supply in Asia
• Market predictions for the next 3-5 years
• Demand for IMR support and vessels required – jack up and well support barges
• Impact of rig numbers on OSV demand

Venkatraman Sheshashayee, Executive Director, Greatship Global Energy Services

• OSV deliveries from yards in South-East Asia, Vietnam, China and India
• Vessels for sale and cancelled/delayed contracts
• Existing contracts with yards – evaluating risk of completing vs. scrapping projects
• Repair and refurbishment trends
• New vessel design and building features

Leong Seng Keat, Executive Director, Nam Cheong Dockyard, Malaysia

• Assessing different approaches to securing long-term charters
• Reviewing investment and growth strategies in a shaky market
• Is there a need for modern tonnage in specific OSV market segments?
• How can ship owners capitalize on low construction and shipbuilding/repair costs?
• Strategies for cost-savings to counter low day rates
• New potential growth regions and supporting remote areas

Panellists:

• Fazel A Fazelbhoy, Chief Executive Officer, Topaz Energy and Marine, U.A.E.
• Njål Sævik, Chief Executive Officer, Havila Shipping, Norway
• David Ross, Chief Operating Officer, Mermaid Marine, Australia

• Malaysia, Indonesia and Thailand – projects planned by national oil companies
• Reviewing foreign investment and FPSO/offshore growth in Vietnam
• Assessing numbers and types of vessels on the market and being completed by shipyards
• Considerations for purchasing vessels
• Numbers of support vessels in lay-up

Alberto Migliucci , Director – Investment Banking / Head of Mining and Oil & Gas, South East Asia, Credit Suisse

• Examining the effect of volatile oil prices on the offshore sector
• Projections of E&P activity in China – projects planned by national and international players
• Contracting Expectations for Support Vessels

International Opportunities: Outlook for OSVs in Central Asia and the Middle East

• Demand for OSVs in the Caspian Sea and the Middle East
• Building a recession resilient OSV business model
• OSV market recovery and the future of OSV

Fazel A Fazelbhoy, Chief Executive Officer, Topaz Energy and Marine, U.A.E.

• Surveying E&P activity, NELP auctions, demand for OSVs and potential for long-term charter contracts in India
• Plans for deepwater development
• OSV building orders and contracts awarded by major national oil companies
• Overcoming regulatory and customs challenges

Anand V Sharma, Director, Mantrana Maritime Advisory Pvt Ltd, India

Opportunities Resulting from New Upstream Projects in Australia

• Surveying fleet utilization figures in Australia and number of vessels chartered from South-East Asia
• Opportunities to secure long-term contracts with the announcement of the Gorgon LNG project and offshore blocks in Western Australia
• Additional regulatory considerations

Capt. Garrick Stanley, Managing Dircetor, Go Offshore, Australia

• Increase in FPSO and LNG projects in Africa and offtake support required
• Deepwater opportunities in South America
• Rising demand for large construction vessels internationally
• Ice class vessels required for Sakhalin and arctic regions – growth opportunities, environment and technical challenges

Examining Vessel Chartering Contracts and Disputes

• Supplytime, Towcon and Towhire

Philip Yang Liang-Yee, Chartered Arbitrator, Baltic and International Maritime Council (BIMCO), Hong Kong

• Expectations of oil and gas companies/operators – chartering difficulties
• Contracting strategies and adapting to project changes
• Vessel requirements at different stages of E&P
• Class and surveying challenges for offshore
• Market expectations in the coming months

Panellists:

• Simon Johnson, Commercial Director, Seadrill
• George Horsington, General Manager – Business Development, Swire Pacific Offshore
• Arnstein Eknes, Business Director – Offshore Support Vessels, DNV, Norway
• Barry Stimpson, Partner, Holman Fenwick Willan

• Zeroing in on regional deepwater fields and prospective projects
• Design requirements and vessel features for harsh
  environmental conditions
• Deepwater capabilities and impact on ship design and safe operation

Arnstein Eknes, Business Director – Offshore Support Vessels, DNV, Norway

• Deepwater Trends, Vessel Size, Propulsion Architecture, Station Keeping
• Environmental and Operational concerns – IMO rules, green OSV, operating in the Arctic , OSV code, crew comforts

Dr Arun Kr. Dev, Director, Newcastle University Marine International, Immediate Past Chairman, The Joint Branch of RINA and IMarEST in Singapore

Supporting Subsea Works: Requirements and Scope for Vessels

• Assessing the market for subsea – what subsea services are required?
• Evaluating demand for vessels to support subsea works – comparing charters for multi-purpose vs. specialized construction vessels
• Examining trends in long-term contracts for Dive Support Vessels (DSV)
• Reviewing the latest developments in ROV design and assessing how vessels can best support ROV operations

Njål Sævik, Chief Executive Officer, Havila Shipping, Norway

• Reviewing numbers of PSVs in the region, PSVs being completed and prospects for long-term charter patterns
• Assessing PSV utilization and trends in cargo being transported
• New design advances, vessel features, deck space requirements and cargo-storage/handling innovations
• Integrating secondary capabilities such as standby duties and diving support

Franck Legerstee, Regional Offshore Project Manager, South-East Asia, Bureau Veritas

Examining the Supply and Demand Scenario for Multi- Purpose Vessels in Asia

• Outlining the range of roles of multi-purpose vessels and flexibility in chartering
• Examining long-term contracts for construction and multipurpose vessels
• Reviewing type and quality of build of multi-purpose vessels in China and Asia

Capt. Mike Meade, Managing Director, M3 Marine

Class Rules and Complementary CFD Simulations for OSVs

• New GL Rules for OSVs and Wind Turbine Installation Ships
• Design developments in the segment of Wind Turbine Installation Ships
• Exploring the operational limits by numerical simulations