(CMC) 23, 24 & 25, 2015 & - U.S.

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2 March 23, 24 & 25, 2015 Hilton Stamford Hotel, Stamford, Connecticut Supporting Organizations: Admiralty Committee of the Association of the Bar of the City of New York American Salvage Association (ASA) Association of Ship Brokers & Agents (ASBA) The Baltic Exchange BIMCO Chamber of Shipping of America (CSA) Connecticut Maritime Coalition (CMC) Cyprus - U.S. Chamber of Commerce Federal Bar Association Admiralty Law Section Hellenic-American Chamber of Commerce The Hong Kong Shipowners' Association INTERCARGO International Association of Classification Societies (IACS) International Bar Association (IBA) International Bunker Industry Association (IBIA) International Chamber of Shipping (ICS) InterManager INTERTANKO The Liberian Shipowners' Council Ltd. The Maritime Industry Foundation The Maritime Law Association of the United States (MLA) National Association of Maritime Organizations (NAMO) The Nautical Institute North American Marine Environment Protection Association (NAMEPA) Norwegian-American Chamber of Commerce NYMAR: New York Maritime, Inc. Security Association for the Maritime Industry (SAMI) Society for Gas as a Marine Fuel (SGMF) Society of Maritime Arbitrators (SMA) The Society of Naval Architects & Marine Engineers (SNAME) Women's International Shipping & Trading Association (WISTA) Media Sponsors: Ampersand World Argus Media Bunkerspot Bunkerworld Commodity Appointments Digital Ship EduMaritime Network Elaborate Communications Fairplay Fathom Shipping gcaptain Global Maritime Hub Green4Sea Green Shipping International HANSA International Maritime Journal IHS ISSA Ship Supplier Lloyd's List Marine Log Marine Money International Marine NewsWire Mariner's Annual Maritime-Connector.com Maritime Executive Maritime Media Maritime Professional Maritime Reporter Maritime Security International Matrix Maritime Media Mercator Media Morgan Marketing & Communications Motorship Navigator Publishing Petromedia Group Petrospot Professional Mariner Rhodes Communications, Inc. Safety4Sea The Sailings Group Seatrade Ship Management International Ship Technology Global ShowMeTransport.com Society for Gas as a Marine Fuel (SGMF) SustainableShipping.com Tanker Operator Tanker Shipping & Trade TradeWinds Worldoils

3 March 23, 24 & 25, 2015 Hilton Stamford Hotel, Stamford, Connecticut INTRODUCING CMA SHIPPING Tradition: Celebrating the Best, Improving the Rest Where the international shipping community meets to do business, have fun and make money Join the international shipping community at the Connecticut Maritime Association s 30th Annual Shipping Conference and Exhibition, March 23-25, 2015 at the Hilton Hotel, Stamford, Connecticut, USA. CMA Shipping 2015 continues a tradition of bringing 2,500 of the best and the brightest from the international shipping community together in North America s leading commercial shipping center, for two and a half days of business and market oriented activity and superb networking. THE CMA SHIPPING CONFERENCE Where experts from around the world speak on the many issues that are shaping and will continue to shape the future of the maritime industry The CMA represents all facets of the international shipping industry and we have worked to create conference sessions that have direct relevance to all aspects of the shipping and trade markets. These sessions are best associated with the goal of delivering immediate commercial, technical, regulatory or strategic value to the industry and its global participants. Today the CMA is the largest commercial shipping association in the United States, which means that leaders of industry and government enthusiastically attend to share their ideas, voice concerns and explore answers to today s new issues. The bottom-line is to give you information to trade on, grow from, plan with and use, today from the people who are leading the way. THE CMA SHIPPING ExHIBITION Contacts orders new business old friends great opportunities The CMA Shipping Exhibition features a dynamic gathering of 130 exhibitors from all corners of the world offering the finest products and services available to the international maritime industry Class, Flag States, Maritime Software of all description, Ship Equipment of all kinds, Bunker Suppliers, Insurance and P&I, Shipyards, Communications, Emergency Response, Maritime Academies, Weather Routing the list goes on. Visit the Exposition page at for a full list of our 2015 exhibitors. INTERESTED IN VISITING THE ExHIBITS ONLY? Where deals are made and business gets done For those just wishing to Visit the Exhibits, this option is complimentary at the following times: Monday, March 23 2 pm 4:00 pm Tuesday, March am 4:00 pm Wednesday, March am 4:00 pm Should you with to stay on for the cocktail receptions on Monday, Tuesday and Wednesday there will be options to purchase tickets for these events. To pre-register to visit the Exhibits simply us: with your full contact details and we will pre-register you and send you a VIP pass for complimentary Exhibit visit access at the times noted. THE COMMODORE AWARD AND COMMODORE AWARDS DINNER CMA Names Capt. Panagiotis N. Tsakos, Founder of the Tsakos Group as the 2015 Commodore Capt. Tsakos joins a distinguished list of maritime executives who have received the prestigious CMA Commodore Award, given each year to a member of the international maritime community who has demonstrated leadership, vision and commitment to the maritime industry. More than 800 leaders if the industry will honor the 2015 Commodore at the Commodore Awards Dinner to be held on Wednesday, March 25, 2015 as the concluding event of CMA Shipping The dinner always sells out and a limited number of tables are available for reservation and sponsorshio. Each sponsored table seats 12 guests and are assigned on a strictly first-come, first-served basis. Sponsored tables can be arranged with special marketing initiatives which we are happy to assist with. Please call today for reservation information so that your larger plans can be accommodated.

4 March 23, 24 & 25, 2015 Hilton Stamford Hotel, Stamford, Connecticut VENUE & HOTEL INFORMATION Our venue hotel for CMA Shipping 2015 is The Hilton Stamford Hotel. The special room block we organized is now sold out on certain nights. Rooms may be available, but at prevailing rates. Contact the hotel directly to check current availability. On the Venue, Hotel & Travel page of our website: you will also find alternate hotel options in the Stamford and Greenwich area. Please make sure you reference group CMA Shipping 2015 to obtain the special rate if calling. Hilton Stamford Hotel One First Stamford Place, Stamford, CT Tel: Fax: CMA JOB FAIR 2015 TUESDAY, MARCH 23 5:30 PM-7:30 PM The CMA Shipping 2015 Job Fair, sponsored by the CMA Education Foundation, will continue a powerful networking opportunity for candidates and businesses to meet and explore career opportunities. There will be table-top displays hosted by companies looking to hire and talented men and women wanting careers in the maritime industry. To participate and for more information contact: Lorraine Parsons at Ext 3717 or THE COMMODORE The CMA will present its annual Commodore Award at the Gala Dinner on Wednesday, March 25 to an individual who has significantly contributed to the dynamism, growth and development of the maritime industry. The Year 2015 recipient is: Capt. Panagiotis N. Tsakos, Founder of the Tsakos Group 2014 Robert Bugbee, President & Director, Scorpio Tankers Inc. & Scorpio Bulkers Inc Peter Evensen, President & CEO, Teekay Corporation 2012 Øivind Lorentzen, III, CEO, SEACOR Holdings Inc Angeliki Frangou, Chairman & CEO, Navios Group of Companies 2010 Philippe Louis-Dreyfus, President, Louis Dreyfus Armateurs Group 2009 Capt. Wei Jiafu, President & CEO, COSCO Group 2008 John Fredriksen, Chairman, CEO & President, Frontline Ltd Morten Arntzen, President & CEO, Overseas Shipholding Group, Inc Torben G. Jensen, Chairman & CEO, The Clipper Group 2005 C. Sean Day, Chairman, Teekay Shipping Corporation 2004 Peter C. Georgiopoulos, Chairman & CEO, General Maritime Corporation 2003 Stelios Haji-Ioannou, Chairman, easygroup 2002 Frank Tsao, Group Chairman, IMC Group of Companies 2001 Marc Saverys, Managing Director, CMB 2000 Per Heidenreich, President, Heidenreich Marine 1999 Richard du Moulin, Chairman, Marine Transport Corporation and Chairman, Intertanko 1998 William A. O Neil, Secretary-General, International Maritime Organization 1997 Gerhard E. Kurz, President, Mobil Shipping and Transportation Company 1996 Dr. Helmut Sohmen, Chairman, World-Wide Shipping Agency, Ltd. (HK) 1995 Gregory B. Hadjieleftheriadis, President, Eletson Corporation 1994 Thomas E. Moran, Chairman, Moran Towing Corporation 1993 Philip Loree, Chairman, Federation of American Controlled Shipping 1992 George P. Livanos, Ceres Hellenic Shipping Enterprises, Ltd Jacob Stolt-Nielsen, Chairman, Stolt-Nielsen, Inc Ole Skaarup, Chairman, Skaarup Shipping Corporation

5 March 23, 24 & 25, 2015 Hilton Stamford Hotel, Stamford, Connecticut ExPAND YOUR PRESENCE AT SHIPPING 2015 There are several ways to expand your presence and maximize the impact of your conference participation. Booth space is now sold out, however, if you are interested in showcasing your products and services, find out more about how you can participate by organizing a special seminar, sponsoring or advertising. A few influential sponsorship opportunities still exist. We enjoy working with you to add to the conference experience for all who attend and to promote your products and services. Place an advertisement in the Official Event Guide. It is distributed to the 2,500 attendees at the show. Not only is it a complete reference to the products and services exhibited but it is a useful year-long reference directory. LAUNCH NEW PRODUCTS: PRIVATE LABEL SEMINARS With dozens of important trade journals and knowledgeable journalists in attendance, the CMA show provides the opportunity to launch or announce new products, services or announce corporate achievements. As a benefit for 2015 we will continue to offer a space for exhibitors and attendees to schedule short seminars and product launches within the show area. We will work closely with you to achieve maximum exposure. Please contact us for further details. CMA SHIPPING 2015 CONTACT INFORMATION CMA Events Director: Lorraine Parsons One Stamford Landing, Suite 214, 62 Southfield Avenue, Stamford, CT, USA Tel: ext 3717 Fax: Website: 10 REASONS TO ATTEND In March each year, 2,500 delegates, speakers, sponsors, exhibitors and visitors from 50 countries gather in Stamford, Connecticut for one of the most lauded events currently on the maritime calendar. Shipping 2015 will reinforce its reputation as the conference "that brings the decision makers together" and the exhibition "where business gets done". ATTEND SHIPPING 2015 AND ENHANCE YOUR BUSINESS 1 Superb networking opportunities and plenty of time to conduct business. 2 Topical & valuable Conference Program with customizable Multi-Track Seminars. 3 Key decision and policy makers in one place, at one time. 4 Diverse, dynamic and global exhibits showcasing exceptional services, products & innovations. 5 Launch a new product or service to an attentive & knowledgeable audience. 6 Initiate, pursue and accomplish a year s worth of business in just two and a half days saving time, and money! 7 An event put on by the shipping industry for the shipping industry. 8 Located in the midst of Shipping s Mind and Management for North America. Where decisions are made and business gets done! 9 Creative sponsorship opportunities available to fit your specific objectives. 10 If you have not been to one yet, come see for yourself why everyone raves about the CMA. We are committed to bringing extraordinary value to you and your business and look forward to seeing you in Connecticut in March. The Board of Governors of The Connecticut Maritime Association

6 March 23, 24 & 25, 2015 Hilton Stamford Hotel, Stamford, Connecticut Tradition: Celebrating the Best, Improving the Rest The finest sense of the word carries with it an accumulated wisdom, style, skill, accomplishment, success and traditions at their best are cherished, nurtured and even held sacred. But, as any next generation knows, challenging accepted wisdom and practices is a hallmark of true growth and development. Questioning fosters exploration, encourages curiosity and empowers those who might create better ways, science and solutions. So this year we celebrate the best of our industry s traditions, whether it be putting our ships to the test to meet the world s needs or rescuing refugees in the Med. We also tip our hat to those who are constantly bringing forth new and better ways of doing things and we are very fortunate to have so many of you with us this year. The $40 million dollar project of a prior generation may today be a billion, but the skills, vision, imagination and commercial talents needed are there, successfully evolved from the best that went before. Please come celebrate, come debate, come do business, come join us in March. Thank you all. w w w. s h i p p i n g c o m

7 monday, march 23, :00 pm Tradition: Celebrating the Best, Improving the Rest GRAND BALLROOm I 2:05 CmA president s Welcome & Opening Remarks Ian Workman, President, Connecticut Maritime Association and Vice President, International Sales, World Fuel Services We ve always been an industry, now we need to be a business. The opening session of CmA Shipping 2015 will look at evolving prospects and pressures on the industry - from ownership, vessel operations, freight, finance, technical innovation, safety management, talent recruitment, international governance and regulatory engagement to see how changes in the industry and the challenging markets of the past five years, have impacted the industry, in what way traditional practices have been altered and what that means for each of us. How does industry leadership view the current state of affairs and a vital global industry contend with a world of challenges and still make money? Environmental Policy versus economic and operational pragmatism How to marry financial incentives to best sustainable practices Regulation: Implementation without verification competition on an uneven playing field Effectively re-examining historic terms of trade, from basic contracts to finance structures to terms of payment Harnessing new Technologies Articulating the career path Geo-political traps, sanctions, war, refugees, terrorism Afternoon Refreshment Break 2:10 Keynote Address Admiral Paul F. Thomas, Assistant Commandant for Prevention Policy, United States Coast Guard Co-moderators: Peter Hinchliffe, Secretary General, ICS Robert Bishop, Executive Director, V.Group and Vice Chairman, INTERTANKO 2:30 Speakers Nikolas P. Tsakos, President & CEO, Tsakos Energy Navigation Ltd. and Chairman, INTERTANKO Masamichi (Matt) Morooka, President & CEO, NYK Bulk & Projects Carriers Ltd. and Chairman, ICS Gerardo A. Borromeo, Vice-Chairman & CEO, Philippines Transmarine Carriers, Inc. and President, InterManager John S. Denholm, Chairman & CEO, J & J Denholm Ltd. and President, BIMCO Philippe Donche-Gay, Executive Vice President, Marine & Offshore Division, Bureau Veritas and Chairman, IACS Nicholas A. Pappadakis, CEO, A. G. Pappadakis & Co. and Chairman Emeritus, INTERCARGO Admiral Paul F. Thomas, Assistant Commandant for Prevention Policy, United States Coast Guard 5:30 pm Opening Cocktail Reception in Exhibit Area

8 TueSdAy, MArCh 24, :15 AM lead, Follow or Get out of the Way GrANd BAllrooM I Thought leaders and successful executives look at some of the exciting opportunities ahead.. Session 9:15 Moderator Katharina Stanzel, Managing Director, INTERTANKO 9:20 Welcome Address: ensuring engineering and Technology Keep Pace with our Passion and vision for the Future Christopher J. Wiernicki, Chairman, President & CEO, ABS oil, energy & Ships 8:00 AM 9:00 AM Continental Breakfast in exhibit Area Society of Maritime Arbitrators 9:35 Keynote Address: In it together - dealing with uncertainties ahead! Chris Midgley, Head of Oil Markets Analysis and Chief Economist, Shell Trading 9:55 The Band Plays on: A closer look at oil markets & ships Katherine B. Spector, Head of Commodities Strategy, CIBC World Markets Corp. Jerry Lichtblau, Director of Research & Analysis, True North Chartering, LLC Art Regan, President & CEO, Principal Maritime Management LLC Ole B. Hjertaker, CEO, Ship Finance International Limited Morning refreshment Break 11:15 AM Clever leaders..bold IdeAS GrANd BAllrooM I Shifts in the way Brokers, Class, Finance, Pools, Managers, Fuel Suppliers and other vital services have traditionally managed their businesses calls for attention. What will the Businesses look like in ten years? What size and shape companies will predominate? Will it be access to capital, personnel talent, technology, corporate vision, innovative ways of meeting the evolving needs of customers that matter most and drives change? And, what about the CMA Community, where much of this change is taking place? 11:15 Moderator Angus R. Frew, Secretary General & CEO, BIMCO Tom Boardley, Marine Director, Lloyd s Register Roberto Giorgi, Honorary President, V.Ships Jason P. Klopfer, Commercial Director - Americas, Navig8 Group Ian Workman, Vice President, International Sales, World Fuel Services and President, Connecticut Maritime Association

9 TuESDAy, march 24, :15 Am FINANCIAL INCENTIvES FOR OWNERS GLEN ROOmS 11:15 Financial Incentives for Owners: Realizing Fuel Efficiency, Emissions & Environmental Solutions presented by: This special panel - supported by the Liberian Registry - will address the new market dynamics of using financial products to enhance fleet fuel efficiency, the role of the NGO and the regulatory landscape, as well as some of the solutions available to owners to take advantage of these changes, such as innovative finance for efficiency and compliance and available incentives from various stakeholders. moderator David H. Tongue, Secretary General, INTERCARGO The Landscape Alisdair Pettigrew, Consultant & Senior Adviser, Carbon War Room Shipping Operation providing Capital for Fuel Efficiency and Environmental Compliance Ann Davlin, Head of Capital Markets, EfficientShip Finance (ESF) Incentivizing Solutions Scott R. Bergeron, CEO, Liberian Registry Investing in Regulatory Driven Green Technologies: private Equity view on Green Technologies and Sustainability Brian Van der Waag, Director - Investment Banking, Janney Montgomery Scott 12:30 pm Luncheon Reception in Exhibit Area 1:00 pm 2:00 pm Delegates Luncheon GRAND BALLROOm II Welcome Bureau Veritas professional mariner plimsoll Awards The editors of Professional Mariner magazine will present three Samuel Plimsoll Awards, two for Outstanding Service, one for an individual and one for an organization, who have been instrumental in making the industry safe for mariners. The third award, for Innovation, will recognize a product, service or procedure that significantly improves the well-being of seafarers.

10 tuesday, MArCh 24, :15 pm AFterNooN SeSSioNS track 1 truth or CoNSeQueNCeS glen rooms Session in a world of $50 barrels of oil: A series of Financial, operational and technical Questions of Special relevance today 2:15 Moderator Robert N. Kunkel, President, Alternative Marine Technologies Or Poul G. Korsgaard, Network Partner, Alternative Marine Technologies 2:20 the eco early economic verdict Salvatore d'amico, Fleet Director, d'amico Società di Navigazione S.p.A. 2:35 the eca calculus The new sulfur emissions limits on vessels went into effect January 1, The US EPA has announced its enhanced coordination with Coast Guard to monitor compliance. What must you do to comply? What actions/omissions can be a violation? how do you set up operational mechanisms to prove compliance and train your crewmembers on what do? epa is already requesting information on compliance. how do you respond? Jeff King, Partner, K&L Gates LLP track 2 our people, our Future grand BAllrooM i Crewing 69,000 ships equals a whole lot of people: opportunity and challenges post Maritime labor Convention (2006/2014 amendments) 2:15 Moderator George J. Hoyt, Founder, Face of Shipping What the industry is doing to meet the challenges Kishore S. Rajvanshy, Managing Director, Fleet Management Ltd. Ole Chr. Schroder, Director, Environmental Compliance, Scorpio Group Michael Wilson, President, Laurin Maritime (America) Inc. Douglas B. Stevenson, Director, Center for Seafarers Rights, Seamen s Church Institute Phil Parry, Chairman, Spinnaker Global "Future proofing" the industry's next generation Co-Moderators Beth A. Wilson-Jordan, Senior Associate, Flagship Management LLC and Vice President, CMA Education Foundation Molly McCafferty, Manager, Claims and Legal Affairs, Clipper Bulk (USA) LLC and Director, CMA Education Foundation 3:40 the tk Foundation: Supporting and inspiring the Future generation Susan Karlshoej, Managing Director, TK Foundation track 3 BlACk elephant events harbor point room (lobby level) Contending with the often unexpected from a complex globe. Commercial solutions to both visible and still invisible jarring events 2:15 Sanctions Jane Freeberg Sarma, Attorney, Watson Farley & Williams LLP Maritime Anti-Corruption Network Travis Winslow, Carnival Corporation and Steering Committee, Maritime Anti-Corruption Network SpeCiAl BreAkoutS: Spotlight on 2:35 the unintended, potentially hugely expensive realities of Big ship accidents and security (plus salvage lessons from 2014) Salvage panel ULMVs are everywhere. Given the dramatic trend toward Ultra Large Merchant Vessels of all classes, some vigorous forethought is overdue. The consequences of a mega ship casualty portend impacts across the shipping industry. Salvors and underwriters have been voicing concern for years, but the Law of Unintended Consequences says that all shipping interests have a stake in the development of response planning. The panel will quantify the contemporary reality, note some of the difficult prospects posed, particularly by a mega -container ship event, and suggest ways to take this pressing discussion forward. Moderator Bob Umbdenstock, Director, Planning & Corporate Relations, Resolve Marine Group.

11 TueSday, MarCH 24, 2015 TraCk 1 TruTH or ConSequenCeS Glen rooms 3:00 lng as a Fuel 3:05 LNG as the environmental friendliest fuel in shipping: NOx, SOx, Particles and CO2 LNG as the most promising alternative ship fuel: business cases for US and Europe ECA zones Dr. Gerd-Michael Würsig, Business Director LNG fuelled ships, DNV GL Maritime, Oil and Gas 3:20 Alternate Fueled Engine development and experience Ole Grøne, Senior Vice President of Promotion and Sales, MAN Diesel & Turbo 3:35 The Society for Gas as a Marine Fuel (SGMF): an industry collaboration initiative puts forward quality Guidelines for Training, Bunkering and Safety practices Mark Bell, General Manager, SGMF 4:15 CyBer SeCurITy: a special session focused on critical security issues and concerns for the industry Moderator Jeffrey G. Lantz, Director, Commercial Regulations & Standards, United States Coast Guard Admiral Paul F. Thomas, Assistant Commandant for Prevention Policy, United States Coast Guard Dr. Tor E. Svensen, CEO, Maritime, DNV GL James A. Watson, President & COO, ABS Americas Dr. Hermann J. Klein, President, STG The German Society for Maritime Technology TraCk 2 our people, our FuTure Grand BallrooM I 3:55 The 21st century Maritime College Curriculum Dr. Timothy G. Lynch, Provost, Vice President, Academic Affairs, SUNY Maritime College at Fort Schuyler 4:15 CMa education Foundation Challenge Competition Session presented by: awards presentations of this year s top three award winning papers First place: "Is private equity Funding Hurting the Shipping Industry" by Avinash Saraon of SUNY Maritime College Second place: "unmanned vessels' place in the World of Maritime law" by Christian Blakesley of California Maritime Academy Third place: "The virtual arrival Clause" by Nicholas Yiantselis of SUNY Maritime College TraCk 3 SpeCIal BreakouTS HarBor point room (lobby level) Jonathan Spencer, Average Adjuster and Principal, The Spencer Company Bob Sanguinetti, CEO, Gibraltar Port Authority Bernie Cissek, Chairman, Eagle Underwriting Group Inc. Todd Schauer, VP-Operations, Resolve Marine Group Phil Reed, Special Casualty Representative (LOF) and Principal, Reed Maritime 4:00 Mediterranean boat refugees: When the finest traditions of seafaring are put to the challenge of an enormous human tragedy. The increasing complications are, among others, the huge numbers of migrants in the Mediterranean, the changes in migration possibilities to Europe, diseases and links to criminal networks. The focus of the panel will not be on the migration issue itself (even though this is such an important topic), but specifically the effect that rescuing large numbers of migrants in distress has on crew members and shipping companies. Moderator Clay Maitland, Managing Partner, IRI / The Marshall Islands Registry & Founding Chairman, NAMEPA Introduction Dr. Jason Zuidema, Executive Director, North American Maritime Ministry Assoc. (NAMMA) Crew consideration Safety considerations Cost and insurance considerations Benjamin Strong, Director, Amver Maritime Relations, U.S. Coast Guard Peter Hinchliffe, Secretary General, ICS Capt. Joshua Bhatt, Master, Campbell Shipping Pvt. Ltd.

12 TuESdAy, march 24, 2015 Continuous Afternoon Refreshment Break 5:30 pm Cocktail Reception in Exhibit Area 5:30 pm - 7:30 pm Job Fair in the Aspen Rooms & Foyer The CMA Shipping 2015 Job Fair is a continued feature of the show, created by the ideas and demands of our members. A forum to benefit both companies looking for qualified employees and prospective job seekers, there will be table-top displays hosted by companies looking to hire.

13 WEDnESDAy, MARCH 25, :45 AM 9:45 AM Continental Breakfast in Exhibit Area MORnInG SESSIOnS TRACKS 1, 2, 3 & 4 TRACK 1 BIG DATA BIG QuESTIOnS 10:00 AM START HARBOR POInT ROOM (lobby level) What would Shipping look like if Google were in charge?? In this age of big data it is not about optimizing the connectivity to the vessel so much as a focus on implementing applications that utilize the connectivity to optimize business operations. This is the challenge which will build completely different organizations, will allow closer integration between charterers and operators, allow ship managers to demonstrate their value to ship owners and drive savings and productivity. 10:00 Keynote Address: The Connected Ship, the smart ship: the best ideas from the minds of men and women only some of which you have seen in the Trade Magazines Yasushi Nakamura, Representative Director & Executive Vice President, ClassNK Moderator Neville Smith, Director, Mariner Communications 10:20 Harnessing Data into Actionable Insights: 3 steps to optimize your business John D. Veson, Co-President, Veson Nautical Corporation TRACK 2 MARKETS, VAluES, CAPITAl 9:30 AM START GRAnD BAllROOM I Session The Big Debate Industry veterans debate the markets A series of debates on some of the markets and industry's most interesting questions 9:30 Keynote Address: To Own or to Charter? Ed Coll, CEO, Pangaea Logistics Solutions 9:45 Moderator Dr. Arlie G. Sterling, President, Marsoft Inc. Basil G. Mavroleon, Managing Director, WeberSeas (Hellas) S.A. Urs M. Dür, CFO, TBS Ocean Logistics Inc. / TBS Shipping Services Inc. Dr. Anil F. Sharma, President & CEO, GMS (Dubai) Jeremy Penn, CEO, The Baltic Exchange Morning Refreshment Break

14 WEDNESDAY, MARCH 25, 2015 TRACK 1 BIG DATA BIG QuESTIONS HARBOR POINT ROOM (lobby level) 10:40 The Ship-Shore Interface and Productivity Brent C. Bruun, Executive Vice President, Mobile Broadband, KVH Industries, Inc. 11:00 Big Data: the impact of predictive analytics on maritime safety and efficiency Warwick Norman, CEO, RightShip 11:20 When every cabin has wifi Beyond CrewToo Darrell Wilson, President, MTI Network (USA), Inc. TRACK 2 MARKETS, VAluES, CAPITAl GRAND BAllROOM I 11:00 Ideas and Methods: the Future of Our industry Government and industry view Moderator Joseph J. Cox, President & CEO, Chamber of Shipping of America Paul Chip Jaenichen, Maritime Administrator, U. S. Department of Transportation, Maritime Administration Andreas Nordseth, Director General, Danish Maritime Authority Esben Poulsson, Chairman, Enesel Pte. Ltd. and Hon. Secretary, Singapore Shipping Association TRACK 3 BuNKERS 10:00 AM START GlEN ROOMS Session Bunkering in Challenging Times The international bunker market is nothing if not resilient and is able to cope with most things thrown at it. Waves of new regulation most notably the new low sulphur restrictions in the North American Emission Control Area (ECA) which came into force on 1 January are having an impact and causing some concern, but the new rules were long anticipated and many will have been well prepared. In contrast, the collapse of oil prices was not predicted. While a 50% drop in bunker prices may well have thrown a lifeline to some, for others it has proved disastrous. Throw into the mix the overnight disappearance of one of the world s largest and most respected trading companies, and the chaos is complete. This bunker session will examine what has changed and what the future holds. Moderator Llewellyn Bankes-Hughes, Founder, Managing Director & Publisher, Petrospot Limited TRACK 4 ARBITRATION update 9:15 AM START ASPEN ROOMS KNOW BEFORE FIXING 4TH EDITION Presented by: Session Panel 1. Evidence and Adverse Inference in New York Maritime Arbitration Disputes This session will address the matter of adverse inference that may develop regarding evidence and documents in a dispute. Following on from introductory remarks by Dr. Bulow, the panel will discuss the problems of collecting documents and evidence in preparing for an arbitration. Issues that develop during a charter as a dispute arises will be discussed. These include insurance, P&I, brokers communications, claims and operations records. Moderator Dr. Austin Dooley Society of Maritime Arbitrators

15 WeDneSDAY, MARCh 25, 2015 TRACk 3 BunkeRS Glen ROOMS SeSSIOn One: The TeChnICAl ISSueS Bunker Quality This presentation will consider what are the fundamental elements that should be drawn into the new IMO Guidelines on assuring the quality of fuel delivered for use on board ships. It will then consider how the IMO reached the decision to move ahead with the quality issue, in particular the emergence of new port authorities willing to consider regulating bunker suppliers, and then discuss the relative merits of the systems currently being heralded as the benchmarks for industry leaders in terms of quality assurance, e.g. Singapore, Antwerp and Gibraltar. Tim Wilkins, Regional Manager Asia-Pacific, INTERTANKO Asia 2015 eca A new Direction for Marine Fuels? This presentation will consider the immediate impact the change in ECA legislation has had upon fuel types purchased and the additional analytical that testing and parameters to be considered for monitoring distillate fuel quality, along with an assessment of new hybrid fuel products. Steve Bee, Global Business Director, Intertek Ltd TRACk 4 know BeFORe FIXInG 4Th edition ASPen ROOMS Introductory Remarks Dr. Lucienne Bulow Panel Members Bengt Nergaard Michael Northmore, Robert Meehan Capt. Mukul Bhushan Panel 2. The CYAs of COAs And MOAs Issues in Arbitration The panel discussion will review issues arising in arbitrations involving Contracts of Affreightment and in the various types of Memorandums of Agreement that have recently appeared in NY arbitrations. Marine Distillates This presentation will look at marine distillates, examining recent experiences with the cold flow properties of distillate fuel and providing some examples of the problems that have been encountered by those using 0.1% Marine Gasoil and 0.1% compliant fuel oil. Dennis Eley, Marine Fuels Quality Manager, World Fuel Services Europe Ltd. 2020: Ready or not? A look ahead to the next milestone facing the marine industry the 2020 date for a global 0.5% sulphur cap on bunker fuels. Can the industry meet the new regulation? This presentation looks first at current world consumption of petroleum products and then looks at refiner options based on the IPECA analyses, before examining world average crude quality of residues based on assay data from the US SPR 800 million barrel crude reserve. Finally it examines the options open to shipowners: liquefied natural gas, ultra low sulphur diesel or scrubbers + Intermediate fuel oils. Dr. Rudy Kassinger, Consultant Q&A Panel Discussion

16 WEDNESDAy, march 25, 2015 TRACk 3 BuNkERS GLEN ROOmS Coffee Break SESSION TWO: ThE COmmERCIAL ISSuES An industry in Crisis 2008 to 2014 What happens Now? The international bunker industry needs to reboot itself. This presentation will look at the impact on the global industry of the demise of OW Bunker from a commercial point of view. What does it mean for structural balance of the middlemen the traders as they interact with the suppliers and the buyers? Who are the winners? Who are the losers? Adrian Tolson, Managing Director, Aegean Oil USA LLC TRACk 4 know BEFORE FIXING 4Th EDITION ASpEN ROOmS moderator Jack Warfield, President of The Society of Maritime Arbitrators panel members Capt. Tom Fox Klaus Mordhorst Soren Wolmar Ken Berger Captain James N. Hood Identifying Risk OW s demise was a catastrophe, not only for its 600+ staff but also for many oil companies, bunker suppliers, traders, shipowners, operators and charterers. Several have followed OW into bankruptcy and, in turn, this has hurt their own suppliers and buyers. Clearly, the bunker market now has been shown to be a dangerous place: what has been the impact in terms of counterparty risk, credit risk and business trust? Has the world changed forever or is this just an unfortunate blip? Simon Hasslacher, Senior Analyst and Manager, Infospectrum Ltd. Americas Q&A panel Discussion 12:15 pm Luncheon Reception in Exhibit Area 12:45 pm 2:00 pm - Delegates Luncheon GRAND BALLROOm II Welcome Scott R. Bergeron, CEO, Liberian Registry

17 wednesday, MARcH 25, 2015 AFTERNOON BREAKOUT SESSIONS TRAcK 1 THE generational SHIFT 2:15 PM START grand BAllROOM I The generational Shift Session what did your Father teach you? was it right? what have you taught him? How would you build your own business today? would it be shipping? Tradition: celebrating the Best, Improving the Rest Thoughts on some current events: The tyranny of commissions and Margins always thus? china, EcO, gas, Public v. Private PE Debate: All Exiting? Implications? Price of Energy Moderator Dagfinn Lunde, Chairman, Executive Ship Management Speakers Angela A. Chao, Deputy Chairman, Foremost Group Vassilis E. Kertsikoff, Chairman & CEO, Eletson Gas LLC Phrixos B. Papachristidis, CEO & Managing Director, Hellespont Ship Management GmbH & Co. KG Fritz Heidenreich, President & CEO, Q88 LLC Joshua Shapiro, Vice President, Liberty Maritime Corporation TRAcK 2 legal SESSION 2:10 PM START glen ROOMS SESSION ONE: TRANSAcTIONAl SESSION TwO: litigation Session co-sponsored by: The Maritime law Association of the United States (MlA) and The Admiralty committee of the Association of the Bar of the city of New York SESSION ONE: TRANSAcTIONAl Moderator John J. Benson, Partner, Watson Farley & Williams LLP Diligence in Offshore Vessel Transactions: what to look For Philip R. Rymer and Capt. Marcus P. Dodds, Partners, Reed Smith LLP Hot Regulatory and Enforcement Topics Jeanne M. Grasso, Partner, Blank Rome LLP Flying the Maltese Flag: what you need to know Dr. Jean-Pie Gauci-Maistre, Advocate, GM International Services Limited Bankruptcy: The winners, the losers and the collateral Damage Michael S. Timpone, Partner, Seward & Kissel LLP Afternoon Refreshment Break

18 wednesday, MarCH 25, 2015 TraCk 1 THe generational shift grand BaLLrooM i TraCk 2 LegaL session glen rooms session Two: LiTigaTion Moderator Neil A. Quartaro, Counsel, Watson Farley & Williams LLP interaction of U.s. admiralty and Bankruptcy law Bruce G. Paulsen, Partner, Seward & Kissel LLP drifting away from the Principle of Uniformity George M. Chalos, Managing Partner, Chalos & Co., PC ship arrest in Canada interplay with the Bankruptcy Courts Peter G. Pamel, Partner & Head of Marine Group, Border Ladner Gervais (BLG) ethics and e-discovery in shipping disputes Vincent J. Foley, Partner, Holland & Knight LLP The Maritime Law Association of the United States ( MLA ) has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the State of New York. The MLA will issue CLE credits to New York attorneys who attend the program. The number of credits that can be earned for attendance at the total session is 4 CLE credits. Attorneys from states other than New York may be entitled to CLE credits for attending the program. They must contact their states CLE boards regarding obtaining CLE credits. This program is appropriate for both newly admitted and experienced attorneys. CLE financial aid assistance is available for attorneys admitted in New York and MLAUS members, who wish to attend CLE courses sponsored by the Maritime Law Association of the United States, but who find it difficult to attend due to cost considerations. Details regarding the Maritime Law Association s financial aid policy and the application process can be obtained by contacting Betsy Bundy by ConferenCe ends

19 WEDNESDAy, march 25, :30 pm - Commodore Gala Reception in Exhibit Area 7:30 pm - Commodore Gala Dinner GRAND BALLROOm I & II Commodore Award presented to the 2015 Commodore Capt. panagiotis N. Tsakos, Founder, Tsakos Group By the 2014 Commodore Robert Bugbee, president & Director, Scorpio Tankers Inc. & Scorpio Bulkers Inc. Til Late Commodore Afterglow Hotel Lobby

20 March 23, 24 & 25, 2015 Hilton Stamford Hotel, Stamford, Connecticut We would also like to thank the following companies for their special sponsorships at Shipping 2015: Silver Level Corporate Sponsors EXECUTIVE SHIP MANAGEMENT Bronze Level Corporate Sponsors Speakers Dinner Sponsor Commodore Gala Dinner Toast Conference Tote Bags Special Promotional Sponsorship Conference Name Badges Conference Room Wi-Fi Conference Badge Lanyards Private Commodore Reception Internet Café Exhibit Area Water Coolers & Reusable Bottles Conference Room Bottled Water Conference Room Pads Presentations Web-Link Photos by: Chris Preovolos (www.preovolos.com) *Program Subject to Change Version _03_19

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