Captain P.R. Choudhury

Director, Quality, Assurance, Health, Safety, Security & Environment

Eaglestar Shipmanagement

Lessons learnt from past

incidents

Emerging risks Impact on operators Sustainability Moving forward Close

We are AET GroupCommercially managed fleet of

Petroleum& Product vessels 98

Sponsors over 300 cadets of

various nationalities in prestigious maritime academies e.gUSMMA & ALAM

in lightering operations for US Gulf ship-to-ship (STS) transfers

Over 3,000 global employees More than 20 years of creating solutions in the oil shipping industry

Market leader

Successfully performed

12,000

fully serviced lightering operations in US Gulf

58vessels awarded 2016 Environmental Achievement Award by Chamber of Shipping America

Over US$3b

base assets

Own 2 world’s first,

custom Modular CaptureVessels (MCV) for Marine Well Containment Company

Jan 2010

Port Arthur, Texas

Oil Spill

May 2010

Singapore

Aug 2008

Gulf of Aden

Fire Explosion

Jan 2011

Somalia

Jan 2012

Labuan

Hijack

Lest we forget

4

Houston

Kuala Lumpur

Singapore

London

Continuing partnerships

Emerging risks

Risks & emerging trends

Technology

Regulations

Media

Operating Environment

Emerging risks

Regulatory challenges

Image source: IMO

Emerging risks

Increasing

range of

regulatory

demands

Different

expectations

Regulatory challenges

Image source: IMO

Emerging risks

TMSA

Industrystandards

ILOconventions

Flag state

regulationsIMO

conventions

Port state

regulations

Classification

society

rules

OCIMF

NGOs

ISO9001

ISO14001

ISO50001OHSHAS18001

More complex

working

environments

Regulatory challenges

Image source: IMO

Emerging risks

Operating environment

Emerging risks

Operating environment

Demanding

port

turnarounds

Global

increase in

vessel masses

& volume

Waterways

congestion

Emerging risks

Demanding

port

turnarounds

Global

increase in

vessel masses

& volume

Waterways

congestion

Thailand - US$53.4 bil in infrastructure

Image source: CSCMP's Supply Chain Quarterly September 2017

Emerging risks

Technology

Emerging risks

Emerging risksEmerging risks Possible Futures Impact on Operators Mitigating Risks Going Forward

Over

reliance

External

attacks

Technology

Emerging risksEmerging risks Possible Futures Impact on Operators Mitigating Risks Going Forward

Technology

Image source: CNBC 16 Aug 2017

Emerging Risks Possible Futures Impact on Operators Mitigating Risks Going Forward

Media management

Image source: Flickr Creative Commons

Emerging risks

Emerging Risks Possible Futures Impact on Operators Mitigating Risks Going ForwardEmerging risks

Miracle on the Hudson

Image source: ABC7 New York

Emerging Risks Possible Futures Impact on Operators Mitigating Risks Going Forward

Image source: Flickr Creative Commons

Emerging risks

Media management

Citizen

journalists

Competing

priorities

Managing

perceptions

Reputations

are hard won

Emerging risks

Risks & emerging trends

Technology

Regulations

Media

Operating Environment

Sustainability

People and asset investments

Safety culture

Fleet rejuvenation

Sustainability

Robust safety

culture

Building sustainability

Image source: ALAM Marine Academy

Strong,

effective

partners

Operator

preparedness

Right

people

Right

training

Right

processesRight

systems

Right

culture

Right

philosophy

Captain P.R. Choudhury

Director, Quality, Assurance, Health, Safety, Security & Environment

Eaglestar Shipmanagement

Lessons learnt from past

incidents

Emerging risks Impact on operators Sustainability Moving forward Close