The new Shanghai presence adds to the club’s existing Asian offices in Hong Kong, Singapore and Tokyo.
“North has more than a century of experience and we continue to take each step with prudence and precision. Our decision to open a Shanghai office – the Club’s fourth in the Asia Pacific after Hong Kong, Singapore and Tokyo – reflects the importance of the Asian and Chinese markets to us,” commented Gary Chen, director of the Shanghai office. Chen was previously based in the Club’s Hong Kong office.
North P&I joint managing director Paul Jennings noted the importance of the Asian region to its overall business. “Our high quality Asia Pacific membership now accounts for 34% of our total global tonnage, equating to around 63m gt of shipping. Total entries from Chinese owned and operated vessels currently stand at around 7m gt and, with your support, we look forward to increasing this figure during the coming years,” he said.
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