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IBIA Hong Kong convention focuses on Asian growth

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The 2013 IBIA Annual Conference in Hong Kong this November will be examining whether or not Asian economic growth will be enough to fuel a global recovery in the bunker markets. Sales of marine fuel oil have been weak worldwide due to slow economic growth, a sluggish shipping market and more widespread slow-steaming by shipowners to save fuel.

Taking place at the Sheraton Hong Kong Hotel & Towers 5-7 November 2013, the conference is a key event in the bunkering industry calendar bringing together traders, brokers, shipowners from around the world. The three day event will be chaired by Robin Meech, IBIA board member and founder of Marine and Energy Consulting.

IBIA Chairman Simon Neo said:

“The bunker industry is at a pivotal stage in its development. We face numerous challenges in the form of emissions regulations, abatement technologies, new fuels, compliant fuel availability, poor freight markets and continuing economic uncertainty. However, as an industry the convention is an opportunity for us to have our say in the development of new standards and work closely with our ship operating customers to meet their marine fuel requirements.”

Key topics for discussion will include measures to reduce Hong Kong air pollution; the on-going problem of short delivery; the role of education and how it can help grow the bunker markets and the outlook for Asian bunker growth.  Speakers will include Arthur Bowring of the Hong Kong Shipowners Association, Chin Chin Ang of Maritime Port Authority Singapore, Mark Lewis from Facts Global Energy and Lim Tek CEO of Hong Lam Marine amongst many others.

The convention will feature opportunities for the delegates to interact, educate and inform, and debate the key issues affecting the industry.  Interactive technology will be used to gather delegates’ opinions on the discussions, helping IBIA to formulate its policies.  IBIA is involved in arenas such as IMO and the regional forums, helping to shape future legislation and regulations.

IBIA CEO Peter Hall said:

“The annual IBIA convention is a way for the entire industry to meet, learn and discuss the latest innovations and efficiencies that are emerging in the industry, and arrive at a consensus about the way forward. The convention will not only attract shipowners, operators, traders and suppliers not only from across Asia, but also from Europe, Africa and the Americas.  IBIA is uniquely placed in having an international membership that covers every continent in the world, thereby representing the challenges and growing pains of the marine fuel supply industry.”

The convention will feature a gala dinner at the Royal Hong Kong Yacht Club, lunch aboard sailing ship The Bounty as well as breakfasts and networking reception. Full details including registration and sponsorship opportunities can be found at www.ibia.net.

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