Shaping New Business Approaches to Thrive in a Demanding Sector

 

TUESDAY 15 SEPTEMBER 2020

08:30 Registration, coffee and networking

 

09:30 Welcome address from Riviera Maritime Media

Edwin Lampert, Head of Content, Riviera Maritime Media

 

09:35 Platinum Sponsor welcome address

Capt Khamis Ghumail, Director - Marine Traffic Management, Marine Traffic Management, Dubai Maritime City Authority (DMCA)

SESSION 1: GLOBAL INDUSTRY DEVELOPMENTS, REGIONAL ACTIVITY

A comprehensive analysis of the international and local OSV markets, where the opportunities are and what impact recent geopolitical events are having on growth and development in the sector

 

09:40 Keynote address: Adapting to a constantly changing and evolving industry

• Redefining the role of the service provider.
• Experiences in restructuring to meet changing needs.
• Positioning for growth.
• What will the next 12 months look like?

Martin Helweg, Chief Executive Officer, P&O Maritime Logistics

10:00 Overview of the global OSV market

• Review of current global activity.
• Market drivers, supply and demand.
• Where will the opportunities lie globally?

Thom Payne, Head of Offshore, Westwood Global Energy

 

10:20 Opportunities, Activity and Challenges in the Middle East and West & East Africa

• Review of the regional market.
• Update on activity, current and planned
  - Arabian Gulf; West and East Africa
• Where will the NOCs invest in E&P?
• Opportunities in Qatar, Saudi Arabia, Kuwait, Mozambique
• Impact of international players on the local market and how local players have impacted the ability of international players to bring the latest technology to the MENA market.

Fazel A. Fazelbhoy, Chief Executive Officer, Synergy Offshore

 

10:40 Q&A

 

10:55 Networking coffee break sponsored by Vanuatu Maritime Services

SESSION 2: OPPORTUNITIES IN SHALLOW WATER, EMERGING AND ALTERNATIVE MARKETS

A detailed review of the commercial opportunities and challenges in shallow water, emerging and alternative markets, including an in-depth look into decommissioning and the renewables market.

11:30 Opportunities in the shallow water market

• Review of new projects and activity in shallow water
• Drivers and market trends
• What vessels will be required
• Future requirements and forecasts

11:50 Decommissioning in Asia and Beyond

• Decommissioning activity
• Current status
• Different modalities
• The future

Lakhjit Singh, Director, Harvester Offshore

 

12:10 Q&A

 

12:20 Panel session: Are There Other Opportunities for Vessel Owners?

• Which other sectors are providing opportunities in these challenging times?
• Will the ME move towards offshore renewables including wind, solar and tidal?
• What does the future look like – short and long term?
• Artificial islands – opportunities for vessel owners?

 

13:00 Networking Lunch

SESSION 3: FACING THE CHALLENGES IN TODAY’S MARKET – A DETAILED FOCUS ON OVERSUPPLY, VESSEL REACTIVATION AND THE CREWING CONDUNDRUM

This session will look at the ongoing challenges faced by the OSV sector including oversupply, as well as strategies for vessel reactivation and tackling the issue of ageing crews and personnel shortages

 

14:10 Addressing the ongoing challenge of oversupply

• Impact on the market.
• How to reduce the oversupply of vessels.
• Scrapping older vessels and natural wastage.
• What can industry do to redress the balance?

14:30 Vessel Reactivation

• To reactivate or not – what are the challenges?
• Reactivation or scrapping.
• What needs to be done, what will it look like?
• Evaluating readiness of vessels.

14:50 The OSV Crews of the New Decade – What Do We Need to Attract and Retain our Future Mariners?

• Understanding today’s market and its requirements.
• Managing personnel shortages and impact of aging crews.
• Strategies to attract and retain ‘new blood’.
• Areas of opportunity – offshore, energy and renewables.

Allan Falkenberg, CEO - Crew Management & Offshore, V.Ships

15:10 Q&A

 

15:20 Networking coffee break sponsored by Vanuatu Maritime Services

 

SESSION 4: COMMERCIAL OPPORTUNITIES, DESIGN AND INNOVATION IN THE VESSELS’ MARKET

A detailed review of the subsea vessels’ market and where the opportunities lie, design drivers for next-generation OSVs and the importance of crew boats in the Middle East.

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15:55 Developments and opportunities in the subsea vessels’ market

• Increased capacity and capabilities of subsea vessels.
• Regional opportunities – Middle East Gulf, Red Sea, Mediterranean and Africa.
• Opportunities for construction, IRM and diving vessels.
• Impact of increased E&P activity on supply and demand.
• Deep and ultra-deepwater requirements.

Douglas R Korth, Director Marine Operations, McDermott Middle East, Inc

16:15 New Ship Designs for Shallow Draft Operations

• New design 38m super shallow draft Shoal Buster under construction
• New design 80m shallow draft Multi Buster, diesel electric, DP 2 also under construction
• Both designs have focus on the Western side of the Arabian Gulf

Lars Seistrup, Managing Director, Albwardy Damen

16:35 The Crew Boats Sector in the Middle East

• Review of activity in the sector.
• Technology innovations driving improved safety and performance of vessels.
• Factors driving new design requirements.

16:55 Q&A

 

17:10 Chairman’s closing remarks

 

17:15 Close of day 1

WEDNESDAY 16 SEPTEMBER 2020

08:00 Registration, coffee and networking

 

09:00 Chairman’s welcome

Edwin Lampert, Head of Content, Riviera Maritime Media

 

09:05 Keynote address: Charterers perspective of today’s OSV sector

• OSV selection criteria.
• Requirements.
• How they see the industry developing over the next 5 years.

SESSION 5: SUSTAINABILITY, COLLABORATION AND ENVIRONMENTAL COMPLIANCE ACROSS THE OSV SECTOR

This session will provide a comprehensive insight into the changing needs of the charterer, delivering sustainability and meeting environmental objectives in challenges market conditions

 

09:20 Achieving sustainability in challenging market conditions

• What is required to attain sustainable operations?
• Understanding the value and importance of sustainability.
• Balancing environmental protection, social development and economic growth.
• Will technology play a role in delivering a robust and sustainable sector?

Ian Trebinski, Head of HSSEQ, P&O Maritime Logistics

09:40 Environmental compliance in the offshore vessels sector

• Adapting to meet environmental objectives.
• What is required and ensuring compliance.
• New solutions to address the emissions challenge and drive towards decarbonisation.

10:00 Q&A

 

10:15 Networking coffee break

SESSION 6: VESSELS VALUATION, FINANCING AND REFINANCING IN THE OSV SECTOR

This session will take a detailed look into vessels’ valuation, the reality in today’s climate, utilisation and day rates as well as getting to grips with financing complexities and where funding will come from

 

10:55 Price outlook, valuation and utilisation

• What is the reality in today’s market?
• Valuations of the typical ME OSV in 2014 and today.
• Fleet analysis and utilisation.
• Is utilisation on the rise, and what does this mean for day rates?
• Influence of oil price on utilisation and day rates.

Dr Ferenc Pasztor, Senior Offshore Analyst, Maritime Strategies International

11:15 Panel session: Financing, refinancing and restructuring in the sector

• How does this look going forward?
• Is there still the appetite from the bankers?
• Where will the financing come from – traditional markets or other sectors?
• Meeting ‘green criteria’ set down by the banks.

Marcus Machin, Director, Tufton Oceanic (Middle East) Limited

11:50 Q&A

12:00 Networking lunch sponsored by Emirates Maritime Arbitration Centre

SESSION 7: TECHNOLOGY SOLUTIONS

This session will provide the latest on technology innovation driving development in the sector including connectivity requirements, condition-based maintenance solutions and an update on alternative fuel options

 

13:10 Case Study: Advances in condition-based maintenance systems

• Reducing downtime through condition-based maintenance.
• Achieving cost efficiencies, increasing vessel uptime and reducing the risk of failures.
• Targeting critical areas for repair and prioritising maintenance requirements.
• Experiences and lessons learnt.

Chris Greenwood, Director of Regional Business Development – Middle East & Africa, ABS

 

13:30 The latest in alternative fuel options for next-generation OSVs

• Reviewing the options – hybrid/electric/LNG/hydrogen/batteries.
• Operational and commercial benefits of alternative fuels.
• Solutions to reduce emissions and meet environmental targets.
• Efficiency gains through new technology.

Arnstein Eknes, Segment Director - OSV & Special ships, DNV GL

13:50 Case Study: Connectivity Across the OSV Sector

• Meeting the flexible connectivity demands of the OSV market
• Solution to improve onboard connectivity
• Different requirements in a changing business

 

14:10 Q&A

 

14:25 Networking coffee break

SESSION 8: OFFSHORE INDUSTRY LEADERS OUTLOOK

This session will feature a panel of distinguished leaders from OSV owners who will share their plans to survive the next 12 months and position themselves for growth once the market upturn begins.

 

15:00 Industry leaders’ panel session: How is the OSV Sector Evolving and How are the Key Players Adapting to Meet Changes

• Adjusting to changing market conditions and adapting to the new oil price reality
• Changing business models, new measures and strategies to compete in today’s unpredictable climate
• Maintaining business continuity and succeeding after COVID-19
• Managing the workforce and the importance of retaining critical staff
• Impact of alternative markets on the OSV market – challenge or opportunity?

Martin Helweg, Chief Executive Officer, P&O Maritime Logistics

Ali El Ali, Managing Director, Zakher Marine International

 

15:40 Chairman’s closing remarks

 

15:45 Close of conference

 

*Programme subject to changes/amendments

Why attend

• Panel discussions featuring industry leaders shaping the OSV sector in the Middle East
• Exclusive ADNOC Offshore focus on shallow water market activity and prospects
• The new Middle East prospects: Egypt and Mediterranean region
• Analysis of regional EPCI project vessel requirements
• Insight and forecast on the outlook for foreign flagged OSVs
• Lessons learned from restructuring in the downturn
• Special focus: In-Kingdom Total Value Add and In-Country Value implementation programmes
• Case studies on regional digitalisation programmes
• The Future is now: presentations on vessel design, hybrid propulsion and battery technology
• The Middle East outlook on African, Caspian and European opportunities.

Attendees will include:

100+ attendees from across the offshore supply chain will discuss key developments and celebrate the industry’s achievements, including:

• Vessel owners and operators.
• Oil and gas companies
• Vessel designers, builders and shipyards.
• Classification societies.
• Brokers, charterers and analysts.
• Financial institutions.
• Industry bodies.
• Technology and service providers.