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Dynacom Tankers Management Announced as Bronze Sponsor of India Shipping & Offshore Summit 2018

The Shipping Tribune is pleased to announce Dynacom Tankers Management Ltd. as the Bronze Sponsor of The 5th Annual India Shipping & Offshore Summit (Earlier Known as India Ship Management Summit). 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. More than 200 industry professionals are expected to participate in this Summit, making the conference an ideal platform for knowledge sharing and networking.

About Dynacom Tankers Management Ltd.

Dynacom Evolution


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.

The following eminent personalities have consented to Chair the Session/Speak at the Conference:

Mr. Sabyasachi Hajara, Ex-Chairman and Managing Director of The Shipping Corporation of India

Capt. M. M. Saggi, Director, Narottam Morarjee Institute of Shipping, Ex-Nautical Advisor to The Govt of India

Mr. Alok Nandan, Executive Director, Oil & Natural Gas Corporation Ltd

Capt. Vinay Singh, Managing Director, Anglo Eastern Ship Management (India)

Capt. Anil Kumar Sharma, Head, Offshore Division, The Shipping Corporation of India Ltd.

Capt. Mohan Naik, Director, Dynacom Tankers Management Pvt. Ltd.

Mr. Sanjay Kelkar, Managing Director, ASP Ship Management (I) Pvt. Ltd.

Mr. Satish Kumar, Managing Director, Dockendale Ship Management

Capt. Shajan Lukose, Head of Maritime at Fleetwood Nautical Campus, Blackpool and The Fylde College.

Mr. Kiran Parikh, Ex- C.E.O., Essar Offshore Subsea Ltd.

Capt. Sharad Tyagi, Vice President, Reliance Industries Ltd.

Mr. Anil Keswani, Head-Bunkering, East of Suez, GP Global Group

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.

About India Shipping & Offshore Summit 2018

Introduction & Objective of The Summit:

  •  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?
  •  One of the goals of Ministry of Shipping is, increasing the share of Indian Seafarers in the global shipping industry. The road ahead?
  •  What kind of specialization and training is needed for the trade? Do we have a roadmap to achieve these goals?
  •  An Overview of the Offshore Business in India
  •  OSV Market opportunities and trends
  •  Latest updates on oil and gas market and opportunities for offshore vessels sector
  •  Outlook on the forecast growth of subsea sector
  •  New market segments for OSV companies and lift boats, subsea and accommodation barges

India Shipping & Offshore Summit 2018 will address these important issues that exist for various stakeholders in the industry.

For Speaking, sponsorship & delegate registration, please contact:
Capt Virendra N. Mishra, Conference Director
+91-22- 41271324

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