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North P&I Club celebrates 10 years in Singapore

North P&I Club celebrates 10 years in Singapore
North P&I Club has celebrated its 10th anniversary in Singapore with a reception in Duxton Hill.

The Singapore office has expanded to 17 staff over the last decade and the Asia – Pacific region now accounts for 34% of the club’s business. The club looks after over 60 international and local owners in Singapore.

“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,” said Paul Jennings, joint managing director of North P&I Club.

James Moran, director (Singapore), North P&I Club, said “Over the past decade shipping has been transformed, and to ensure that we continue to provide the highest quality of cost-effective service, we have evolved with it. One of the most important ways in which we do this is through targeted loss prevention initiatives.

“In 2017 this has included how to attract, recruit, and retain the Right Crew, the dangers of bulk cargo liquefaction and cyber risks. By helping to eliminate the root causes of incidents that lead to claims through direct support and general guidance, North’s members should experience minimal vessel downtime, lower expenditure and improved reliability.”