Tuesday, 28 April 2020

7:30 AM — 5:30 PM

Registration

Location: District Foyer

7:30 — 8:30 AM

Networking Breakfast

Location: District Foyer

8:30 — 8:45 AM

Welcome Remarks

Location: St. James

Janet Nodar

Senior Editor,
Project and Heavy-Lift Shipping, JOC, Maritime & Trade,
IHS Markit

Brandy Christian

President and CEO,
Port of New Orleans, 
and CEO,
New Orleans Public Belt Railroad

8:45 — 9:30 AM

What Lies Ahead:
The Global and Regional Economic Forecast

Location: St. James

Introduction

Janet Nodar

Senior Editor,
Project and Heavy-Lift Shipping,
JOC, Maritime & Trade,
IHS Markit

Featured Speaker

Sara Johnson

Executive Director,
Global Economics,
IHS Markit

This winter’s outbreak of the novel coronavirus in central China and the resulting disruption to production and travel is injecting new uncertainty into the economic outlook. If contained, the damage will be intense but short-lived in China, with limited economic impacts outside of Asia. Meanwhile, global equity markets have hit record highs, signaling investor confidence. The US and China have concluded phase one of trade negotiations, easing trade policy uncertainty, although some key issues are far from settled. Consumer spending is resilient, helped by improved global financial conditions. IHS Markit, parent company of The Journal of Commerce, expects global real GDP growth to stabilize near 2.5 percent in 2020. Global industrial production and trade volumes are at an inflection point, with growth rates likely to pick up from 2019 lows but remain below the robust rates of 2017 and 2018. While emerging markets will continue to outpace advanced countries, their growth potential is restrained by diminishing productivity growth, lack of structural reforms, low commodity prices, and high debt levels. This outlook from Sara Johnson, IHS Markit’s executive director of global economics, will explore these topics and set the stage for deeper analysis about what they imply for the project and breakbulk cargo trades.

9:30 — 10:00 AM

Keynote Address:
Building a Transparent and Tangible Safety Culture
n the Project Supply Chain 

Location: St. James

Introduction

Janet Nodar

Senior Editor,
Project and Heavy-Lift Shipping,
JOC, Maritime & Trade,
IHS Markit

Keynote Speaker

Stephen Spoljaric

Corporate Manager,
Global Logistics,
Bechtel

Rigorous safety expectations, driven by owner requirements, are the standard for global EPCs on-site, but the question of how EPCs and owners will apply these standards when it comes to the way project and breakbulk cargo is transported and handled globally is more inconsistent. Cost and schedule no longer can be the only factors that drive decision-making. Project owners, EPCs, and logistics service providers must revisit, fully understand, and then re-evaluate their definitions of quality. Attaining demanding safety and transparency standards across complex projects, far-flung regions, and protracted schedules has been challenging as globalization has taken hold and supply chains have expanded. Consistency will require significant teamwork, including willingness to share learning opportunities among competitors. Stephen "Spo" Spoljaric, corporate manager of global logistics for Bechtel will share his perspective on this developing dynamic, and on methods and strategies for meaningful changes that will increase safety in the logistics industry.

10:00 — 11:00 AM

Safety First: Aspirations and Reality in Project

and Breakbulk Cargo Handling

Location: St. James

Increasingly stringent safety requirements are percolating through project logistics supply chains, from project owners down to EPCs, project forwarders, and all logistics service providers. The service providers that carry out these complex projects must implement all safety requirements, as well as the reporting and other measures that verify their efforts and create transparency. Why has safety become the new "it" word? How is it defined by the various players involved? Who pays for the added costs? When and where does cost win out over safety? This panel will discuss why and how safety standards are having this profound effect on the project cargo supply chain, how logistics service providers meet owner requirements, and what these mean in daily practice at ports and on the water.

Session Chair

Janet Nodar

Senior Editor,
Project and Heavy-Lift Shipping,
JOC, Maritime & Trade,
IHS Markit

Panelist

Brent Berg

Vice President,
Business Development,
Thorco Projects

Panelist

Chris Doyle

Materials Manager,
Shell

Panelist

Merritt Lane

President and CEO,

Canal Barge

11:00 — 11:30 AM

Networking Break

Location: District Foyer

Sponsored by:

11:30 AM — 12:15 PM

Fleet Consolidation, Newbuildings and the Secondhand Fleet:
Implications for the Project Market 

Location: St. James

Session Chair

Janet Nodar

Senior Editor,
Project and Heavy-Lift Shipping,
JOC, Maritime & Trade,
IHS Markit

Panelist

Anders Hyup

President,
SAL Heavy Lift

Panelist

Susan Oatway

Senior Analyst,
Multipurpose and
Breakbulk Shipping,
Drewry Maritime Research

Panelist

Yorck Niclas Prehm

Head of Research,
Toepfer Transport

As 2020 opened, the breakbulk and project cargo market seemed poised to strengthen despite IMO 2020 – and then the coronavirus walloped global shipping. What has the effect been on the sector? IMO 2020 has only magnified a reluctance to order newbuildings, as no one knows what tomorrow's regulations will be. Meanwhile, global EPCs' reliance on modularization shows no sign of abatement, and offshore wind components grow ever larger. Both trends are resulting in a growing but hard-to-measure shift of some cargo away from the traditional multipurpose/heavy-lift/lift-on, lift-off fleet. Owner/operator consolidation seems to be taking a new track, as Zeamarine's fate unfolds and players old and new position themselves for the newest normal. This panel of industry experts will discuss the fleet's current state and the implications for the sector.

12:15 — 1:00 PM

Offshore Wind and the US Supply Chain:
Who Will Fill the Logistics Gap?

Location: St. James

As 2020 opened, the breakbulk and project cargo market seemed poised to strengthen despite IMO 2020 – and then the coronavirus walloped global shipping. What has the effect been on the sector? IMO 2020 has only magnified a reluctance to order newbuildings, as no one knows what tomorrow's regulations will be. Meanwhile, global EPCs' reliance on modularization shows no sign of abatement, and offshore wind components grow ever larger. Both trends are resulting in a growing but hard-to-measure shift of some cargo away from the traditional multipurpose/heavy-lift/lift-on, lift-off fleet. Owner/operator consolidation seems to be taking a new track, as Zeamarine's fate unfolds and players old and new position themselves for the newest normal. This panel of industry experts will discuss the fleet's current state and the implications for the sector.

1:00 — 2:00 PM

Networking Lunch

Location: St. Charles

2:00 — 2:30 PM

Global Shocks:
Oil Market Repercussions and Outlook

 

Location: St. James

Featured Speaker

Jim Burkhard

Vice President,
Global Oil Markets,
Scenarios,
and Integrated Services,
IHS Markit

This year began with worries about war between the US and Iran that pushed Brent prices near $70 per barrel. Then the coronavirus outbreak led to the biggest demand shock since the 2009 financial crisis, and prices plummeted more than 20 percent. And more is in store: a US presidential election, ongoing implementation of the IMO low-sulfur bunker fuel specifications, and further efforts to decarbonize the global energy system. Jim Burkhard, vice president in IHS Markit’s vice president of global oil markets, scenarios, and integrated services, will explore how these factors and others are impacting the dynamics of the global oil market and industry.

2:30 — 3:15 PM

Finding the Middle: Making Freight Rates in an Era of

Spongy Markets, Global Shocks and IMO 2020

Location: St. James

Panelist

Flavio Batista

Vice President,
Sales,
North America,
Wallenius Wilhelmsen Ocean

Panelist

Jeniffer Boukal

Supply Chain Base Manager,
Global Logistics
,
Deere & Company

Panelist

Jeromy Hofmeister

Logistics Manager,

Vogt Power International

Panelist

Richard Seeg

CEO,
Intermarine

Are freight rates high enough to cover bunker costs that spiked after IMO 2020? Carriers say no, while shippers wonder if they are being taken advantage of. Do cargo owners always default to the lowest bid, or are they willing to pay more for quality and safety? There is no broad-based breakbulk/project freight index to add transparency and guide decision making. Is creating one even possible? Meanwhile, the shipping cycle seems stuck in not-quite-there mode; modest but steady global growth has been thumped by unpredictable trade rules, game-changers such as the coronavirus, and decarbonization regulations. How are carriers and cargo owners coming together to steer through this choppy terrain?

3:15  — 3:45 PM

Networking Break

Location: District Foyer

Sponsored by:

3:45 — 4:15 PM

Navigating the Supply Chain Maze:
Strategizing for Tariffs, Quotas, Sourcing, and Sanctions 

Location: St. James

Session Chair

Kathy Canaan

Director,
Logistics and Export Compliance, Fluor

Featured Speaker

Elizabeth Lowe

Counsel, International Trade
and Logistics Group
Venable

Trade disputes, changing valuation methodologies, and complex sourcing and origination questions continue to roil the breakbulk and project cargo supply chain. Sanctions add even more complexity — and stress. Performing due diligence, and ensuring that subcontractors are pushing these requirements to their suppliers, is an ongoing juggling act. So is keeping colleagues informed and up to date. Elizabeth Lowe, counsel with Washington, D.C.-based law firm Venable, specializes in international trade and customs, including compliance training, due diligence, and logistics contract review. She often represents clients before regulatory authorities and assists with US export controls and the navigation of economic sanctions, and will discuss key strategies and potential pitfalls affecting the project and breakbulk industry.

4:15 — 5:00 PM

Heavy Does It: Problem-Solving in

US Out-of-Gauge Inland Transport

Location: St. James

Panelist

W. Talon Felts

Logistics Manager,
KBR

Panelist

David Ferebee

Vice President,
Sales and Marketing,
Lone Star Transportation

Panelist

Benjamin Liewald

Senior Vice President,
Fracht FWO USA

Panelist

Joye Runfola

Logistics Principle, Americas,
Air Liquide USA

Panelist

Jeff Uecker

Global Supply Chain Manager, Goldwind Americas

Although many states have simplified the permitting process for out-of-gauge cargo transport, it’s not standardized across the US and remains a frustration for land-based heavy-haul, especially as more municipalities create idiosyncratic regulatory regimes. Early planning and proactive traffic management are key. Barging big cargo on inland waterways avoids permitting mix-ups and some physical hurdles but has its own obstacles: locks, slow speeds, low bridges, changing water levels, and restricted geographical reach. Safety, transparency, and compliance requirements add further complexity for service providers. This panel of experts will discuss the decision-making strategies needed to make inland out-of-gauge transportation work across the US.

5:00 — 6:30 PM

Networking Reception

Location: District Foyer

 

 

STATEMENT OF JOC CONFERENCE EDITORIAL POLICY: All JOC conference programs are developed independently by the JOC editorial team based on input from a wide variety of industry experts and the editors' own industry knowledge, contacts and experience. The editorial team determines session topics and extends all speaker invitations based entirely on the goal of providing highly relevant content for conference attendees. Certain sponsors may give welcoming remarks or introduce certain sessions, but if a sponsor appears as a bona-fide speaker it will be because of an editorial invitation, not as a benefit of sponsorship. Sponsorship benefits do not include speaking on a program.