The Vessel Performance Optimisation Forum Singapore

Higher fuel prices, tighter regulation, and a commitment to a greener future are changing the way the shipping industry does business. Greater insight into vessel performance is available through high-tech monitoring systems and digital twins, but it is vital to understand why a parameter is being monitored and what the data shows in order to adjust a vessel’s operation to make it more efficient and attractive to charterers.

The 2020 sulphur-in-fuel oil cap brings new challenges. Largely, the availability of fuel and the consequences to shipowners and operators if obtaining compliant fuel is not possible. With more fuel blends available to meet the 0.5 per cent limit, no two ports will supply the exact same composition of fuel. Even a slight change in quality between fuels can lead to substantial issues with engine performance and breakdown, as the recent problem in the US Gulf illustrates. The industry needs clarity on which fuels will be available and where they will be to make decisions now for 2020.

Ships may choose to retrofit scrubbers or covert to LNG to avoid the problem of low sulphur fuel availability. They require larger CAPEX investments, but OPEX may be lower as low sulphur fuel costs are expected to rise. Shipowners and operators must weigh up the options and understand which investments make financial sense and what financial assistance they may be able to obtain.

VPO Singapore 2018 will consist of three key sessions to identify and discuss the approaches to better ship performance through monitoring, fuel management, and financing technologies for change.

Confirmed speakers:

Kaushik SealKaushik Seal
Business Development Leader
DNV GL Maritime
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Kaushik is currently the Business Development Leader, Solutions at DNV GL for South East Asia and Pacific based in Singapore looking after the Sales and Commercial Business of the Fleet Performance Management Unit in the Digital Solutions and Innovation ECO Space of DNV GL Maritime. Prior to this was Head of GL Systems Certification and Head of GL Academy in South Asia. Before joining GL was the Vice President (Technical) with Aquarius Services, an associate of Anglo Eastern Ship Management, a Ship Surveyor, Lead Auditor & Global Lead Tutor with Lloyd’s Register, Country Manager-India with ABS Quality Evaluations, Quality Manager with Applied Research International-Simulations and a sailing Chief Engineer with Great Eastern Shipping Company. Am a Fellow of the Institute of Marine Engineers and a Chartered Engineer with the Institution of Engineers. With over 35 years of Industry Experience, my daily dose of fresh ideas stems from the philosophy that ‘Enjoy what you do and Do what you Enjoy’!

Elfin Harun Elfian Harun
Environment Manager
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As INTERTANKO’s Environment Manager, Elfian’s focus is on issues relating to emissions to water and other technical and environmental matters that affects the tanker industry. Elfian supports the work of INTERTANKO’s Environmental Committee focusing on issues such as ballast water management, waste management, antifouling, biofouling and ship recycling among others. He also provides support to the Secretariat of INTERTANKO’s Safety and Technical Committee and its Bunker Sub-Committee.

Elfian joined INTERTANKO in May 2018, after spending more than 10 years with the Maritime and Port Authority of Singapore (MPA). Elfian was formerly the Assistant Director of the MPA’s Bunker Services Department. During his time with the bunker services department, he led the team that regulates and promotes Singapore’s bunkering industry. Under his supervision, his team mandated the use of the Mass Flow Metering System for bunker deliveries in Singapore and introduced the licensing scheme for bunker surveying companies. These ground-breaking initiatives allowed the Port of Singapore to continue to maintain its position as the top bunker port with record volume of bunkers supplied physically from 2015 to 2017.

Elfian was part of Singapore’s delegation at the International Maritime Organization for discussions on the implementation of the sulphur cap. He was also the vice-chairperson for Singapore’s National Technical Committee for Cargo Inspection and a member of the National Technical Committee for Bunkering. In addition, he was MPA’s alternate representative on the National Technical Committee for LNG Bunkering and sat on the Steering Committee for the Singapore International Bunkering Conference and Exhibition (SIBCON).

Nishant Dhyani Nishant Dhyani
Fleet Efficiency Manager
The China Navigation Company
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Nishant started his shipping career with Maersk Line in 1999. After having sailed for few years, he stepped ashore in 2008 and worked for Hyundai Heavy Industries (HHI) & Maersk Line before joining The China Navigation Company (CNCo). His love for vessel performance & fuel efficiency started during his tenure in Maersk Line where he held different positions, last one being general manager of Vessel Performance department where his team was responsible for fuel efficiency measures of company’s 600+ vessels worldwide. He joined CNCo in 2016 and is now in-charge of fleet efficiency measures in the organization. CNCo is a shipping arm of Hong Kong based Swire group, which owns and operates a fleet of bulk carriers and multi-purpose vessels across the globe.

Naveed Husain KhanNaveed Husain Khan
Senior Marine Operations Manager, Global Marine Centre
Maersk Line
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Naveed Husain Khan has over 12 years of sailing experience on ocean going vessels including 4 years as Chief Officer on large liner vessels. Mr Khan joined Maersk Line’s Voyage Centre in Mumbai as part of the start-up team specifically established to optimise fuel efficiency on sea voyages through close monitoring and engagement with all stakeholders. 

Later, as a project lead, Mr Khan was instrumental in setting up a dedicated team which handles planning and execution of bunkering for the entire Maersk Line fleet. He is presently employed as a Senior Marine Operations Manager in Maersk Line – Global Marine Centre with the primary task of optimising bunker intake for all Maersk Line operated vessels.

Mr Khan holds a Master of Business Administration degree from University of Leicester (UOL) and PG Diploma in Leadership from Chartered Management Institute (CMI), UK.

Rajat SaxenaRajat Saxena
Manager Performance & Efficiency
Epic Gas
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Rajat started his shipping career with Maersk line then moving onto Maersk Tankers sailing as an senior engineer. He joined Maersk Tankers’ shore set up in 2013 where he held various positions in Mumbai and Copenhagen, last one being Fleet Efficiency Manager leading a team responsible for the fuel efficiency and optimization of consumption of all vessels owned and operated by Maersk Tankers’ pools.

In December 2017 he moved to Epic Gas where he is looking after the Efficiency and Performance of the vessels owned and operated by the company. Epic Gas Pte. Ltd. is a leading pressurized LPG carrier specializing in the last mile delivery of LPG around the globe.

Kapil BerryKapil Berry
General Manager
BW Fleet Management
Head of Compliance & Environmental
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Kapil Berry has worked with BW since 1990 when the company was still called Worldwide Shipping. Mr Berry had joined as junior engineer, and over the years was promoted to Chief Engineer - sailing mostly on VLCCs and Product Carriers till 2006. From 2006 to 2009 he was based in Dalian, China where he supervised the construction of LR1 Product Tankers.

Thereafter, Mr Berry joined BW Office in Singapore, and has handled various roles. Currently, he works as the General Manager for BW Technology – Head of Compliance & Environmental. His role involves ensuring compliance of BW vessels with all latest regulations as well as developing environmental strategy for the fleets. Mr Berry also leads projects arising out of these, including the Ballast Water Project, Global 2020 Compliance and IHM Project.

Mr Berry also represents BW in Technical Committees of SSA, DNV-GL & Class NK.

Mr Berry says that despite all his years in BW, there has never been a dull moment. Being in Singapore for last 9 years has provided him with an exciting opportunity to actively participate in shipping activities there and make many good friends in the industry.

Geir BakkelundGeir Bakkelund
Head of Shipping Asset Finance Asia
National Australia Bank
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Geir Bakkelund has been in the shipping industry for 15 years, the last 10 as a banker. He is currently the Global Head of Shipping at National Australia Bank (“NAB”), based in Singapore. NAB started financing vessels in late 2014 and has been very active over the last three years covering clients in Europe, Asia and America. Geir starting his career as a shipping market analyst with a renowned ship broker in his native Norway and later moved into ship brokering out of Oslo and Shanghai. In 2008 he joined a leading shipping bank in Singapore and has since stayed in the banking industry.

Chris TurnerChris Turner
Manager Bunker Quality and Claims at
Integr8 Fuels
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Chris Turner has almost 28 years of experience in the Shipping industry of which 20 were in the Inspection Industry latterly being responsible for all Inspectorate UK laboratories.

Later, as a Global Technical Manager at Cockett Marine Oil, Mr Turner moved into Bunker Trading with responsibilities across the spectrum including Physical supply, Broking and Trading.

He is now currently employed as the Global Manager of Bunker Quality and Claims at Integr8 Fuels Inc. in Singapore and responsibilities include the Technical supervision of exclusive buying for Owners, Charterers and Operators and planning for 2020 and beyond.

Chris is a regular speaker and Panel member at conferences around the world and also active at Industry level.

Alan BannisterAlan Bannister
Head of Business Development-Asia
Argus Media
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Alan Bannister is based in Singapore and is responsible for Argus corporate strategy for the further adoption of commodity assessments, with a current focus on delivered bunker assessments. Prior to joining Argus in February 2018, Alan was head of Asia/Middle East energy and global LNG at Platts, Asia head of Nymex at CME and head of energy brokerage and clearing services at Newedge/Socgen in Singapore. In the UK, Alan was an emissions trader at Citibank, a broker at Tradition and Prebon, a power trader at ElPaso and a power trader and nuclear power station engineer at British Energy.

 Dr Thomas WeberDr Thomas Weber
Product Manager FleetDSS
StormGeo Shipping
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Thomas Weber holds a deck officer license, a PhD in optimum routing and voyage planning as well as a degree in business management. He worked several years with ‘Oceanroutes’ before he joined StormGeo, formerly Applied Weather Technology in 2005. Thomas contributed to the growth of StormGeo Shipping in Europe and to the development of products and services such as BVS and FleetDSS. Thomas now leads the development team for StormGeo on Vessel Performance tools.

Mike KonstantinidisMike Konstantinidis
Co-Founder and CEO at
METIS Cyberspace Technology SA.
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Mechanical Engineer (BSc, MSc), having gained a broad range of skills for over the years, heavily focused to the Maritime Sector. Holding over 25 years of insightful experience in Corporate Governance, Project Management, Sales & Marketing, Mergers and Acquisitions, Change Management and International Business Development with wide range of business and industry verticals. 

Effective communicator, with ability to accomplish marketing plans improving brand awareness, designed and executed operational plans and business strategy creating revenue and profitability growth, with emphasis on sustainability.

METIS Cyberspace Technology is specialized in the fields of Electronics Engineering, IoT, Cloud Computing and Artificial Intelligence, adapted to the specific requirements of Global Maritime. METIS brings to the maritime market the ultimate ship performance management solution for Wireless Data Acquisition and real-time Diagnosis and Prediction of fleet performance.

METIS incorporates fully automated, accurate and reliable Data Acquisition combined with Cyber cloud-based Agents analyzing operational or engineering processes and providing useful feedback in the form of analysis conclusions and events detection.

METIS Agents are highly experienced Virtual Personal Assistants, work restlessly 365/24/7 and inform automatically the appropriate employee in the most proper way.

Avinash KadamAvinash Kadam
Managing Director
RK Marine Consultancy
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Avinash is a senior Leader with 32 years of experience in the Marine Industry and is well versed in Ship Operations and Management. Having served as Technical Director with Maersk Tankers, Managing Director of Brostrom Tankers and Global Technical & Procurement Director with BSM. Avinash is presently heading ARK Marine Consultancy a company delivering Innovative Technological and Environmental solutions to the Marine industry as consultants and Project Managers. A Marine Engineer with a global cross functional overview of the industry from a Technical, Commercial, Operations, Business Development and Asset Owning/Managing perspective. Avinash has delivered successful presentations at previous industry events on topics like:
Emission Control Presentation at Bunkering Asia
Tanker Fundamentals - quoted in Lloyds list
Slow Speed Steaming and its impact on the shipping industry
Participated in a panel discussion on the impact of Low Sulphur and ECA regulations on Ship Owners and Managers - Quoted in Fairplay

Arne FalkenhorstArne Falkenhorst
Project Manager (Sales & Projects)
MMG Propeller
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Arne Falkenhorst studied naval architecture at the Hamburg University of Technology finishing with the degree ‘Diplom Ingenieur’ in 2013. Up to 2017 he worked at the Institute of Ship Design and Ship Safety as a researcher in the field of propeller rudder interaction and energy saving devices. In September 2017 Arne began to work for MMG as project manager. He is mainly dealing with retrofitting projects and in the new building phase with the owner side.

Daniëlle TapDaniëlle Tap
Area Sales Manager
VAF Instruments
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Ms. Tap works closely with key stakeholders in the shipping industry to help them decrease operational costs, whilst reducing impact on the environment. She understands the difficulties the industry is facing, navigating the complex landscape of new regulations in a challenging business climate. Over the past 15 years, she has garnered extensive experience bringing to market solutions that support operational excellence. As an accomplished business enabler, Danielle is able to identify and instigate opportunities for key business improvement, adding value to businesses across the industry.

Ms. Tap holds a MSc in Petroleum Engineering from Delft University of Technology.

Sean HutchingsSean Hutchings
Chief Technical Officer
Thome Group of Companies
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Sean Hutchings is the Chief Technical Officer for Thome Group based in Singapore and is responsible for the company’s Fleet Support & Innovation Division. He received a Bachelor of Mechanical Engineering with honors from the University of Auckland (New Zealand), and has executive education from IMD in Lausanne (Switzerland). He is also a Member of Royal Institution of Naval Architects.

Sean has over 35 years’ experience working in the maritime industry, of which the last 22 years have been working in various countries throughout Asia. Before joining Thome he worked 23 years at Classification Society, DNV GL, where he held various positions in the Asia Pacific region.

Paul van VessemPaul van Vessem
Sales Manager APAC
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Previously active in other commercial roles Paul is a part of MeteoGroup’ s shipping division for almost 9 years. During that period Paul has played a significant role in our rapidly expanding business. Working with his clients he has a clear insight in what’s driving our customer and how we can help them accomplish their goals for vessel performance and improved efficiency. MeteoGroup’ s shipping division offers best in class solutions like SPOS, RouteGuard and FleetGuard to cover the full spectrum of weather, routing and performance monitoring as one integrated solution.

Klaus SchmidbergerKlaus Schmidberger
Vice President – Maritime Industries
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Klaus joined the shipping and offshore team at KfW IPEX in 2013 starting off covering Aquisition & Origination in Western Europe and Asia. Sine this year August, when he moved to Singapore to work for KfW IPEX-Bank Representative Office Singapore, he is one of two representatives for the maritime industry of KfW IPEX in Asia-Pacific. He joined KfW IPEX after his graduation from Frankfurt Goethe University with a masters degrees in Economics and Business Administration in 2008 and spend his first 5 years there as Trainee and Portfolio Manager for renewables and conventional energy.

Pietro AllevatoPietro Allevato
Shipping Advisor
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Professional with vast knowledge in Shipping and Chartering, built in more than 36 years working in the metals & mining industry in 3 continents - South America, Europe and Asia - with practical experience in projects aiming to build corporate efficiency. Contributed to structure the different dimensions of shipping activities with various projects around the globe. With a Lawyer degree, my career started as a maritime lawyer in Brazil, holding several senior positions throughout my career. In 1998 I moved to Belgium where I stayed until 2001, when I returned to Brazil. In 2008 I moved to Singapore where I have been for the last 8.5 years.

Nick AnagnostidesNick Anagnostides
General Manager
Praxis Energy Agents
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Biography pending


Session 1:
Monitoring and Management for Performance Gains

Monitoring a vessel is essential to acquiring information about a vessel’s operation. Uncertainty on fuel availability and cost post 2020 sulphur cap means that it is vital for shipowners and operators to understand how to monitor for efficiency and regulatory compliance.

This opening session will look at how the monitoring of vessels is advancing, how new data is being generated, and how the industry is learning to understand and use this data to calculate fuel savings and improve vessel performance.

Session 2:
Fuel Management and Bunkering for 2020 Compliance

With a cap on sulphur in fuel oil to enter into force in 2020, there is pressure on suppliers to ensure compliant fuels are available worldwide and pressure on owners and operators to obtain this fuel in good time. There is a risk of incompatibility when bunkering from different ports around the globe and the recent problems in the US Gulf with machine damage and breakdown due to contaminated fuel has raised this concern further.

This second session will look at the fuel availability market in 2020 and ask the question, will oil suppliers be able to meet the demand for low sulphur and ultra-low sulphur fuel? If this fuel is not available and ship operators cannot comply, will the IMO penalise them?

The session will also discuss the option for alternative fuels, particularly LNG. While it is evident that LNG is gaining ground as a marine fuel, predictions from recent industry reports suggest marine scrubbers and low-sulphur fuel blends will be the primary compliance options. The session will address whether LNG will be a short or long-term strategy, and what the long-term outlook for alternative fuels like biofuel and methanol is.

Session 3:
Investing for Fuel Efficiency

Rising fuel prices and tighter regulation means that fuel efficiency is imperative. However, technologies to improve efficiency and reduce emissions are expensive, while the retrofit process and additional training crew will need to undertake to operate them requires further financial investment.

This last session of the day will look at the options available for financing fuel efficient and compliant ships. It will discuss whether the financial infrastructure needs to change to support a fuels and emissions focussed shipping industry, whether banks are prepared for upcoming regulations, and if the shipping industry has access to the funds they require to maximise operational efficiency and improve the sustainability of shipping.

Platinum sponsor
MMG The Propeller
Gold sponsors
Silver sponsor
DNV GL MeteoGroup
Bronze sponsor
Supporting Organisations
French Chamber Singapore SSA A.M.M.I.TE.C.
CIRM DUCC - Danish-UK Maritime Association GVF
InterManager I.S.E.S. Association
The Nautical Institute WISTA International
Media Partners
ACTUALIDAD Baird Maritime Be Cyber Aware At Sea
International Cruyise Ship Industry satnews Sea News
seaplant ship2shore Shipping Magazine
Ship Management International showmetransport The Maritime Standard
Work Boat World WorldOils