North P&I Club celebrates 10 years in Singapore
Source: Asia Insurance Review | Jan 2018
North P&I Club celebrated the tenth anniversary of its office in Singapore with a reception in December, attended by shipowners and representatives of the Singaporean and Asia-Pacific shipping community.
The Club’s Singapore office has expanded to 17 staff over the past decade, providing P&I, freight, demurrage and defence (FD&D) claims, and loss prevention services that complement its additional Asia-Pacific offices in Hong Kong and China, as well as Japan, where North observed its fifth anniversary in Tokyo this year.
Paul Jennings, Joint Managing Director of North P&I Club, said “Since our inception in 1860, North has grown by attracting quality shipowners and charterers with our unique service offering. Our remarkable development in the Asia-Pacific region has contributed to our strength as a Club. Although we are happy to see encouraging signs of improved market conditions in some shipping sectors, we remain well aware of the enduring economic pressures our members face and we are therefore committed to supporting them through this challenging period.”
In addition to a range of loss prevention initiatives, advisory services and training, North recently ran its biennial one-week residential course in P&I insurance and loss prevention in Singapore, tailored to the needs of its members’ seagoing and shore-based staff in the region. A