The conference will explore the opportunities and challenges in oil and gas shipping in India and the subjects discussed will include petroleum shipping, port facilities, liquefied natural gas shipping, policy issues, brokerage and banking, insurance and legal issues, regulatory issues etc.
The conference will be inaugurated by Union shipping minister Shatrughan Sinha. Among those who are going to address the conference are shipping secretary DT Joseph, Great Eastern Shipping Cos executive chairman KM Sheth and Shipping Corporation of India director KM Joseph.
The oil industry will be represented by Bharat Petroleum Corporation chairman and managing director S Behuria, Indian Oil Corporation executive director (shipping) VK Chawla, and Braemar Seascope director Dennis Petropoulos.
The conference will focus on issues such as crude oil shipping, freight markets for tankers and port facilities. The participants will also discuss the changing future trends in the coastal movement of petroleum products and LPG shipping in India.
The second day will commence with a discussion on forthcoming and existing shipping policies and will cover subjects of tonnage tax, role of transchart in crude oil shipping and a The Energy and Research Institute (Teri) study on Indian shipping.
Discussions will also be held on brokerage and bunkering, developing services and infrastructure for bunkering and the role of brokers in the world of internet. The concluding session of the conference will be targeted at LNG shipping, insurance and legal issues and will end with a participative discussion on regulatory issues for shipping industry.