Dynacom Tankers Management Announced as Bronze Sponsor of India Ship Management Summit 2019
The Shipping Tribune is pleased to announce Dynacom Tankers Management Ltd. as the Bronze Sponsor of The 6th Annual India Ship Management Summit 2019. The Summit is back with a bigger, better & more diversified list of participants Previous editions of this conference have received very huge response not only from India but also from Far East, Middle East and other parts of the world.
Dynacom Tankers Management Ltd.
2000 .. 2018 Landmark Events
During the last two decades, DTM has taken significant steps in renewing its fleet. In the years 2000 - 2011, a total of 54 older tankers were sold, while the company concurrently embarked on a dynamic new building program with the signing of several contracts for VLCCs, Suezmax, Aframax, Coated and Crude Oil Panamax tankers bringing it to a total of 60 oil tankers. Its sister companies viz. Sea traders SA and Dynagas Ltd acquired 50 bulk carriers and 16 LNG carriers respectively.
DTM's excellent operations and safety performance earned the company the "Tanker Company of the Year" award in 2005 by Lloyd's List, and was described as "epitomizing the modernization of the Greek tanker industry". Dynagas was awarded the Best employer for Gas carriers in 2016 by the Offing group.
DTM considers the new building contracts an integral part of its fleet renewal strategy given the age profile of the world tanker fleet and the increasing emphasis on modern double hull vessels. DTM's New building Team has built an expertise in vessels' construction and building process with knowledgeable supervision teams in all yards where DTM is building new vessels. Continuous research and development is in place in order to improve new building vessels' design, specifications, speed and consumption levels and list of extras. In this way, DTM has achieved a competitive advantage among similar vessels of the world fleet. The new building program also aims to capitalize on the trends taking place within the global shipping and energy markets:
- Ice Class vessels will benefit from increased sourcing of crude oil from the Baltic and North Sea regions;
- The increase in demand of refined products in the United States, coupled with the restrictions in refinery capacity will lead to long haul shipments of refined products from distant sources;
- The rapid industrialization of emerging economies and the upcoming phase-out of tankers will give companies with a modern fleet a significant advantage.
- Installation of heating coils on VLCC vessels to meet the demand of fuel oil transportation and storage in bigger cargo volumes.
- LNG carriers which are trading in the arctic region
- Bulk carriers trading in the Far East, India and China.
Who We Are
Dynacom Tankers Management Ltd. (DTM) was founded in 1991 to manage oil tankers. Since then, the fleet has been significantly expanded and modernized, and the company has developed a strong network of customer relationships and a reputation for transportation excellence among quality-sensitive customers.
DTM represents a strong presence in the oil industry, with vessels calling at more than 1,000 ports yearly on all 7 continents - linking international economies and serving customers worldwide.
DTM has currently formed a fleet with an average age of 6 years, compared to 10 years average of the worldwide tanker fleet.
The existing fleet for which Dynacom acts as an agent, stands at over 18.5 million deadweight tonnes, of which 100% are double hull. In addition, DTM is awaiting delivery of additional 4 new buildings consisting of Suezmax tankers.
Vessels are built at first-class shipyards, and all are equipped with the latest technology. Our staff has extensive new building knowledge and experience to ensure that all charterers' business demands will be met. The vessels are in class with first class classification societies such as ABS, DNV, NKK, BV and LR.
Dynacom has its offices in Athens, Mumbai, Delhi, Kolkata, Chennai, Fujairah and Manila.
About India Ship Management Summit 2019
The 6th Annual India Ship Management Summit, the most awaited conference in the country, is back. The first five edition of this Summit were hugely successful in bringing together the entire shipping industry and various stakeholders under one roof to deliberate and explore the future course of the industry. Who’s who of the industry attended this conference last year. This year the conference is going to be even bigger and better.
Date: 4th October 2019
Venue: Holiday Inn, Sakinaka, Andheri East, Mumbai
Time: 08:45 – 17:30, followed by Networking Cocktail
The following eminent personalities have consented to Chair the Session/Speak at the Conference:
Shri. Amithabh Kumar I.R.S., Director General of Shipping, Directorate General of Shipping ( Chief Guest )
Capt. M. M. Saggi, Ex. Director, Narottam Morarjee Institute of Shipping, Ex-Nautical Advisor to The Govt. of India
Capt. Rajesh Tandon, Global Director- Industrial Relations & Seafarer Development at V Group
Capt. M. C. Yadav, Director Marine Education & Training, FOSMA
Dr. Sanjay Bhavnani, Director & C.O.O., MMS Maritime (India) Pvt. Ltd
Capt. Mohan Naik, Director, Dynacom Tankers Management Pvt. Ltd.
Mr. David Birwadkar, VP:Training & Assessment, Great Eastern Shipping Co.
Mr. Satish Kumar, Managing Director, Dockendale Ship Management
Capt. Shajan Lukose, Head of Maritime at Fleetwood Nautical Campus, Blackpool and The Fylde College.
Capt. Arun Mehta, C.O.O., Thome Shipping India Pvt. Ltd.
The Organizers have invited few more stalwarts from the industry to speak at this event, we shall announce their names once we receive confirmation from them.
Introduction & Objective of The Summit:
Global Shipping Industry is under extreme pressure for last several years due to overcapacity. Commercial and Technical fitness of the vessel is of paramount importance in these market conditions. Quality & Safety of operations, Crew management, and reducing costs for ship owners are some of the major challenges faced by the ship managers today.
Third party ship management business is estimated to be over 5 billion US Dollars worldwide. Can India be the hub of ship management business? Why technical management and manning of the foreign vessels is a distant dream for Indian entrepreneurs based in India? Can Mumbai or Chennai be next Hong Kong or Cyprus? Despite having wealth of knowledge and experience, what is impeding Indian entrepreneur’s growth? One of the goals of Ministry of Shipping is, increasing the share of Indian Seafarers in the global shipping industry.
What kind of specialization and training is needed for the trade?
Do we have a roadmap to achieve these goals?
India Ship Management Summit will address these important issues that exist for various stakeholders in the industry. The conference aims to provide a common platform for various stakeholders in the ship management & crew recruitment business to exchange ideas and make informed decisions in their business.
Come, join us and benefit from the opportunity to connect, confer and conduct business!
For sponsorship & delegate registration , please contact:
Capt Virendra N. Mishra, Conference Director