CBI China to Present 3rd Asia Ship Recycling & SNP Summit at the End of June

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Asia Ship Recycling & SNP Summit 2011

SHANGHAI--()--The 3rd Asia Ship Recycling & SNP Summit is to be held in Shanghai by CBI China, June 30th-July 1st, 2011.

The year 2011 will see mass deliveries of new-build ships, which will worsen the existing surplus; the Libyan turbulence has fueled the rise of oil prices; the Inflation pressure has added to the complexity of the European debt crisis. Under the circumstances, how many ships will be scrapped? Will the SNP market find its turning point? What influences will be exerted on the new-build market, and how will the shipping industry go on in future?

The ship recycling market geared down after a transit rally at the beginning of 2010. Although the revival of Bangladeshi shipyards stimulated scrap prices, what is the market potential?

In the steel market, Japan’s five major steel mills were badly hit by the recent devastating earthquake. Meanwhile, it remains a question when the global steel demand will recover.

In aspect of policies, what are the updates about the HK Convention enacted in 2009? What benefits will the Recyclecon contract bring to the ship owners and ship recycling industry? What measures will the Chinese authorities take to make it more feasible in China?

On the other hand, the SNP market is tough due to overcapacity. What factors in the future will influence the SNP prices? As the Western countries’ economy recovered slowly and China lifted the threshold for ship financing, how is the prospect for the industry? How will ship owners invest in such a complex situation? Is it the right time to buy now? What are the influences of the revision of Saleform 93? How to make SNP contracts better meet Asian ship owners’ demand?

Our past speakers include:

Dr. Anil Sharma, CEO/President, GMS

Mr. B.J.M. Veldhoven, Secretary, I.S.R.A (International Ship Recycling Association)

Mr. Yuichi Sonoda,Secretary General, Asian Shipowners’ Forum

Mr. Will Stoker, Superintendent, Maersk Ship Management

Mr. Anthony Tai, Shipbroker, Clarksons (Asia) Hong Kong

Mr. Rakesh Bhargava, Project Manager, Green Recycling Dept. Wilhelmsen Ship Management

Mr. Henning Gramann, Global Head of Practice, Ship Recycling Dept. Germanischer Lloyd

Mr. Junichi Hirata, Project Manager, R&D Promotion Division Nippon Kaiji Kyokai(ClassNK)

Mr. Zongyu Pang, President, Qingdao International Shipping Exchange


  • Shanghai to build its soft power on international shipping center
  • Steel scrap price trend & second-hand ship trading analysis
  • Global scrap ship demand & Bangladesh’s potential
  • Enlarging your financing channels for ships
  • Helping you find the opportunity & make your choice wiser
  • Revision of Saleform 93 and its influences

Special Highlights:

  • Chinese authorities’ attitude towards Hong Kong Convention
  • A path to greener ship recycling in China
  • IHM in China and technology application and updates

For more event information, please visit the event website: http://snpsr.cbichina.com


CBI Events
Ms. Michelle Ding, 86-21-51181386


CBI Events
Ms. Michelle Ding, 86-21-51181386