Conference Partner:

The Business of Risk Management

Protecting against future losses through understanding and planning
Wednesday February 29th, 2012 8/F, Concord Room, Renaissance Harbour View Hotel, Hong Kong

Mandarin-English Simultaneous Interpretation

Conference Partner:

Platinum Sponsor:

Associate Sponsor:

The Business of Risk Management beneits all competitive companies aiming to plan for and protect against future losses through careful understanding, planning and continuous learning.

Who should attend?

Those who would ind attendance at the conference useful include:

Supporting Organizations:

Managing directors and CEOs CFOs and Corporate inance directors Presidents and Risk Managers Fleet Managers Operations Managers Investor Relations Directors of Quality & Safety Insurance professionals Maritime lawyers Risk assessment specialists

HKSOA

Media Partners:

cnss.com.cn

www.shippinghongkong.com

Are your risk management decisions made at CEO level? If not, why not?
Does your company understand and accept the 4 basic principles of Risk Management:
Anticipating and managing risk by planning Accepting no unnecessary risk Accepting risk when benefits outweigh the cost Making Risk decisions at the right level And above all recognising and understanding that any Risk Management issues are time critical not only in the planning but especially in the execution when a crisis occurs.

The Content

This Conference will be addressing Risk Factors emanating from operational to pollution to piracy issues and in between. Often events catch us by surprise, but some - such as currency rates and piracy not entirely of our own making. Preparedness in risk management practices, continuous learning and training can lower such risks. Hong Kong has experienced many tough shipping cycles over the past 60 years. Take advantage of the hidden expertise available in Hong Kongs service sector and hear first hand from leading experts in their chosen field, including financial, legal, technical, P+I, Class, China experts and other service providers. Learn how Risk Management can be a contributor to revenue building (not necessarily a cost); listen to experts in their chosen field discuss and explain the key issues: 1. the role of P+I clubs need for more transparency, pools, limiting risks etc 2. financial, reputation, environmental & sanctions - from a Corporate point of view 3. operational issues - piracy (who pays & how?), seafarers criminality issues 4. security issues such as armed guards and due diligence 5. technical issues such as loading risks, and new issues for mega ships

Conference Partner
The UK P&I Club is one of the largest mutual marine protection and indemnity organizations.It insures around 175 million tonnes of owned and chartered ships from more than fifty countries across the globe. The UK P&I Club gives you security with its 'A-' Standard & Poors rating and accessibility, with a claims service on hand in 350 ports.

www.ukpandi.com

Platinum Sponsor
Protection Vessels International is expanding its presence throughout Asia. PVI is a world leader in armed maritime security, providing safe passage to vessels transiting areas of the world at risk of piracy and maritime terrorism. Tiger Group Investments is a private investment firm focusing exclusively on the maritime sector. With a proven record of creating value in our businesses through the cycles, taking advantage of financing and capital markets to maximize shareholder returns, the group seeks to extend its reputation as a value driven and solution oriented leading market participant.

www.pviltd.com

www.tigergroup.hk

Associate Sponsor
Control Risks is one of the worlds leading global business risk consultancies. As a trusted adviser to almost three quarters of the Fortune Global 500, it protects its clients most valuable assets: their investments, people, brand and reputation. Control Risks support and advice enables clients to manage the political, security, operational and integrity risks that come with doing business internationally. China Rongsheng Heavy Industries Group Holdings Limited, headquartered in both Shanghai and Hong Kong, is a leading diversified heavy industries group in China. Established in 2005, The Group operates the largest shipyard in China and currently spans four business segments: shipbuilding, offshore engineering, marine engine building and engineering machinery.

www.control-risks.com

www.rshi.cn

Bespoke sponsorship / speaking opportunities to assist companies to increase their network, reach new clients and gain the desired edge, are available. Please contact Wong Tsz Shan, Natalie or Adam Thompson: info@maritimemarketing.com.hk or call us +852 2840 0224

Shipping Hong Kong The Business of Risk Management

February 29th, 2012

The Business of Risk Management Programme

08:00 08:45 Registration and continental breakfast Conference Chairmans welcome:
John Morris Chairman Thomas Miller (Asia Pacific)

February 29th, 2012

Leo Kissel Managing Director Trident Special Risks Lane Aldred Head of Maritime Practice Asia Control Risks Nicola Mason Senior Vice President Skuld P&I as moderator

Protecting & Minimising Potential Losses

09:00 The Role of the P+I Clubs
Hugo Wynn-Williams Chairman of Thomas Miller and Reinsurance Sub-Committee of the IG Group The mutual P&I movement is an essential ingredient of todays shipping community. The International Group coordinates the main P&I clubs into a mutually reinsuring pool to offer financial security to ship operators' liability risks. This presentation will look at the rising trends of increased claims severity, the impact of international sanctions and regulatory issues.

12:45 14:00

Networking lunch How can you protect against (Panel Session)

Magic pipes Whistleblower Foreign Corrupt Practices Act (FCPA) UK Bribery Act Jon Zinke Partner Keesal, Young & Logan Hugh Gozzard Principal of Enterprise Risk Services Deloitte Peter Cremers CEO Anglo Eastern Group

14:30

09:30

Technical issues

Dr Richard Colwill Managing Director BMT Asia Pacific David Power Marine Manager, HK & Taiwan Lloyds Register Asia Capt. Piet Sinke Operations Manager T&T Bisso Salvage Asia Pte Ltd

mega ships / mega challenges risks posed by mega ships economic impact of mega ships

(Panel session)

Pollution Chinas changing pollution laws whos really responsible?

owner/operator/charterer? David Schaus CEO OSRO China Ltd
for the physical clean-up who pays, whos liable

15:00

Balancing safety, quality and environmental risk through vetting:

is vetting a technical or commercial function? fully understanding where responsibility/liability what are the critical points for approval and the

Piracy Scourge of International Shipping

10:00 Piracy - the broader implications (Panel session)
Show me the money! Who pays? How much? How to pay? Loss of Hire. Leo Kissel Director Trident Special Risks Benson Chiu General Manager Richards Hogg Lindley Richard Walker CEO Risk Exchange

lies when it comes to vetting?

most common mistakes? Michael Wilson President Laurin Maritime Americas; Chairman Intertanko Vetting Committee

15:25 15:40

Networking coffee break Sanctions (Panel Session) USA/UN sanctions: Iran Libya Syria Ivory Coast Working with them
Risk liabilities between the parties: owners, charterers, cargo interests, ship managers, brokers Conor T. Warde Of Counsel Blank Rome Alex Butterfield Chief Attach US Consulate Maria Castillo-Fernandez Head of Office Office of the European Union (EU) to Hong Kong & Macau

10:30 10:45

Networking coffee break How to conclude a successful negotiation and release of crew and vessel; delivering the funds

John Davidson CEO Rubicon Resolutions (UK)

11:10

IMO Guidelines and mitigating contractual issues when selecting a security provider.
Lane Aldred Head of Maritime Practice Asia Control Risks

16:10

Hedging Strategies

11:35

Armed guards meeting Piracy with an effective response

between ship operator and service provider. Ensuring quality and long term reliability as a solution against attack Dom Mee President Protection Vessels Intl
Operational challenges - the relationship

hedging fuel costs in a volatile market Stephen Mackin Partner Eversheds Jos Heijmen SVP Risk Management World Fuel Services Corp.

16:40

Basic Principles of Risk Management

Jonathan Downer Partner KPMG Stephen Mackin Partner Eversheds

anticipating and managing risk by planning accepting risk when benefits outweigh cost making Risk decisions at the right level

12:00

Piracy cost and solutions (Panel Session)

A geopolitical discussion on options for a solution to the piracy problem. International government intervention or armed guards? What is the true cost to the industry? Criminal immunity for guards on ships, crew on escorts?

17:10 17:15

Chairmans closing remarks Networking Cocktail Reception

Michael Frodl Founder C-Level Maritime Risks Dom Mee President Protection Vessels Intl John Davidson CEO Rubicon Resolutions (UK)

Shipping Hong Kong The Business of Risk Management

February 29th, 2012

Why Hong Kong

Hong Kong is all about Business. So when it comes to Shipping, Hong Kongs expertise is at the Business end of the Game of Shipping. And few countries do it better, regardless of the state of the economy! Hong Kong is renowned for many things and especially its ability not only to survive but to actually prosper in difficult times. Its position is strengthened by commercial independence and excellent supporting services for ship owners - in particular ship managers, with 20+ ship management companies in Hong Kong, and 3 of the worlds top 5 being headquartered here. Hong Kong is recognized as a leader in ship finance, in maritime law, maritime insurance, classification societies and auditing and accounting (cross border with China and most western jurisdictions) and is the only jurisdiction with British Rule of Law and an enviable Admiralty Court, for the Far East. Registration fee $895 USD The registration fee includes admission to The Business of Risk Management conference, networking lunch, post conference drinks reception, all conference documentation and a pass to Shipping Hong Kong weeks opening cocktail function for all Business Conference delegates on the evening of Monday Feb 27. Register online here Or contact Wong Tsz Shan, Natalie info@maritimemarketing.com.hk +852 2840 0224 3 in 1 Corporate Pass Register online for 1 conference, or 3 (The Business of Shipping, Risk Management and Crisis Media Management) and take advantage of our 3 in 1 Corporate Pass! Attend all three conferences at a super price and attend only those sessions that really interest you. Swap your Corporate Pass with your colleagues, from session to session and/or conference to conference. Maximise your networking, minimise time away from the office. Contact Wong Tsz Shan, Natalie or Adam Thompson at info@maritimemarketing.com.hk for details, bookings.

Shipping Hong Kong week is hosting industry conferences and social meetings, showcasing the strengths and advantages Hong Kong has to offer, as the shipping and finance hub of Asia and the Gateway to Greater China - over a 5 day period. The one-day Business conferences explore the advantages of Asias growing shipping sector, and explain the intricacies of doing business, successfully, in the region. If you are looking to increase your presence in Greater China, do business with Korea or Japan, or meet with the major players in North Asia, this week of conferences is the essential forum. Read more about this weeks activities at www.shippinghongkong.com

Shipping Hong Kong The Business of Risk Management

February 29th, 2012