Webcasts

Autonomous ships are considered by some to be the next revolution in the industry. Shipping companies such as MOL have launched research programmes to speed the introduction of autonomous ships, but one of the biggest obstacles will be promulgating regulations that will make autonomous ships safe.

This webinar will consider the implications of autonomous ships on shipowner costs and safety, and what it will take for ships built equipped for autonomous navigation to become a reality.

It will also look at the infrastructure needed to support an autonomous shipping regime, and hurdles involving seafarer safety and the costs to build and maintain autonomous ships.

This event will take place on the 17 APR 2018 at 15.00 BST

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Diminishing ice in the Arctic will have significant consequences for commercial shipping that is relying increasingly heavily on the Northern Sea Route, and for the US economy which is considering ramping up drilling once again off the coast of Alaska.

This webinar will focus on how the IMO Polar Code, which went into force in January 2017, is addressing the increased risks shipowners are facing in the region, how the code is affecting fuel choices in the region, and how oil spill response will be deployed to address increased shipping traffic.

The webinar will also look at how a potential ban on heavy fuel oil could affect operational costs, as well as how navigation could be affected by international and regional regulations.

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Shipowners are faced with the options of burning low-sulphur fuel, installing exhaust scrubbers, or switching to alternative fuels – namely LNG – in order to meet new low-sulphur fuel regulations that go into effect in 2020.

The 0.5% global sulfur cap on marine fuel seems virtually certain to take effect on January 1, 2020. While scrubber installations seem to have plateaued -- There are currently only about 350 ships with scrubbers installed or on order, according to IHS Markit -- LNG-powered vessels continues to grow, according to a fuel compliance report by IHS Markit/Maritime & Trade analyst Krispen Atkinson. Still some believe scrubbers will grow in popularity if as forecast there will be a significant premium for low-sulfur fuel over traditional bunkers.

This webinar will delve deeper into the topic and what it means for shipowner and operators’ compliance strategies as the 2020 date draws ever closer.

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On September 8th, the Ballast Water Management Convention will come into force, and  shipowners have been granted extra time before they must comply.

In July, IMO member states at the 71st meeting of the Marine Environment Protection Committee (MEPC 71) agreed to effectively extend compliance with the D-2 standard of the convention (i.e installation of an IMO type-approved ballast water management system) by two years, depending on a particular vessel’s renewal survey.

The delay gives shipowners more time to assess costly equipment investments, but it also brings new challenges - such as whether and when to decouple their International Oil Pollution Prevention (IOPP) renewals with the rest of the vessel surveys.

Meanwhile, shipowners trading in the United States continue to seek compliance extensions from the US Coast Guard, which has become more strict in overseeing its own ballast water management regulation.

Fairplay Senior Regulations and Safety Editor John Gallagher will moderate a discussion with ballast water experts from the class, legal, and shipowner sectors to discuss the impact of the recent MEPC 71 decision and the ripples it is sending through the maritime industry. Ballast water system manufacturers will also be on hand to answer technical installation questions.

Who should attend?
- Shipowners, vessel operators, ship management companies
- Class societies and flag states
- Shipyards and naval architects

Topics to be covered include:
- Updated shipowner strategies for complying with the Ballast Water Convention
- Advice on how to extend compliance dates in the United States
- Problems shipowners are experiencing with ballast water equipment performance and installation

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After an extended period of selling ships to raise cash and bolster balance sheets, publicly listed owners have now embarked on an aggressive buying spree, acquiring vessels en masse in the second-hand market. Near-record levels of equity issuances are being used to fund these purchases. Join Fairplay’s Senior Commerce Editor Greg Miller as he examines how and why public shipping companies have made their dramatic change in capital allocation, and how this plays out in terms of money raising on Wall Street. How long will the new strategy last and will second-hand vessel purchases be followed by newbuild orders? To what extent are public owners allocating cash for other purposes, such as dividends and buybacks? What does the new capital-allocation strategy mean for the future performance of shipping stocks?

In addition to examining the public owners’ switch from defence to offence, this webinar will also feature an update on how US-listed shipowners have fared in the second quarter of 2017, including the levels of proceeds from public and private equity and debt issuances and how those levels compare to previous periods.

Issues to be addressed will include:
-The market rationale behind the shift in capital allocation and how it impacts equity and debt issuances
-How vessel-purchasing strategy is impacted by access to commercial bank debt
-Concerns that second-hand market activity will raise vessel pricing and spur newbuild orders

Who should attend?
-Public and private shipowners
-Investors in public shipping companies
-Legal, financial and accounting professionals serving public companies

This webinar took place on the: 5 Jul 2017

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 On 2 December 2016, the US Coast Guard approved a ballast water management system that will legally comply with US regulations for commercial ships trading in the United States – which represent an estimated 6% of global imports and exports - thereby immediately changing the game for shipowners who have been seeking more certainty as they plan capital expenditures. 

Listen to IHS Fairplay’s safety and regulations editor John Gallagher and a panel of experts representing vessel operators, class societies, and the equipment makers themselves to discuss the latest thinking on how the news from the US, along with recent regulatory changes at the IMO, can be used by owners, operators, and charterers to help plan for these million-dollar investment decisions.

This webinar took place on the: 15 Dec 2016  at 15.00 GMT