As one of the many events taking place at Nor-Shipping 2009, the Fourth International Ship Management Summit features key industry players in a programme conceived to address how the global financial crisis will shape the ship management and operations in years to come. In an industry characterized by declining freight rates and intense competition for cargoes, shipowners are trimming costs, putting pressure on ship managers to offer more affordable services. At the same time, regulators remain committed to ensuring that safety remains a top priority. The one day conference, to be chaired by Intertanko Managing Director Dr. Peter Swift, will examine the crisis from the perspective of the ship manager, ship owner and regulator.