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ACQ 2016-1

Joint Seminar

On June 1st and 5th 2015, Andrew Liu & Co Ltd and Hanseatic P&I Club hold the Joint Seminar together in Shanghai and Dalian.

Three spearkers, Capt. Bert Wardetzki, Managing Director, Mr. Helge Volger Senior Underwriter and Mr. Tang, chief representative in China, come from the Hanseatic Club. Mr. John Liu, ALCO director, Mr. Matthew So, Claims Manager in Hong Kong office and Capt. Vivek Jain, FDD Manager attended the seminar on behalf of ALCO. Also, we are pleased to invite senior leadership of China Minsheng shipping Management Co.,Limited to attend the seminar in Shanghai, who made a depth communication with Mr. John Liu, ALCO director, and Hanseatic representatives.

Hanseatic P&I club’s cover is fixed premium basis only and their management made in Germany, focusing on providing service for small and medium-sized vessel’s Shipowners,therefore, such kind of shipowners are invitated to attend this seminar. Speakers from the club introduced their background, security structure and operation model, as well as advantages of fixed premium. Mr. Matthew So and Capt. Vivek Jain gave their speeches on “Cargo and Crew Claim Handling” and “Time and Voyage Charterparties”.

Capt.Vivek Jain introduced team members of FDD team to all guests before starting his speech in Shanghai Seminar, this is the first public appearance of our FDD team since its establishment in January this year. As a team leader, Capt. Vivek Jain is of high-spirited and vigorous and he will lead the team to develop gradually so as to provide better FDD service for more clients.

We are pleased to see that this event is welcomed and get warm responses. Clients enquiry the club in relation to premium and claim handling. We hope our clients can find their most suitable underwriters by holding seminar together with Clubs.

Joint Seminar 1

Front Row: Serena Sun, John Liu, Samantha Gao, Matthew So   Back Row: David Wang, Capt.Bert Wardetzki,Mr.Helge Volger, Capt.Vivek Jain

Joint Seminar 2

Mr.Tang, Senior leadership of China Minsheng shipping Management Co.,LimitedCapt.Bert Wardetzki, Mr.John Liu, Director of ALCO, Ms. Windy Zheng, Marketing Manager of ALCO

Joint Seminar 3

Mr.Tang, Hanseatic chief representative in China

Joint Seminar 4

Mr.Helge Volger, Senior Underwriter of Hanseatic

Joint Seminar 5

Mr. Matthew So, Claims Manager of ALCO

Joint Seminar 6

Capt.Vivek Jain, FDD Manager of ALCO

Piracy

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Today’s pirates use state-of-the-art weapons instead of cutlasses and canons. They comb coastal waters in high-speed boats and operate on the high seas from motherships. Modern pirates operate both in ports and on the open sea. Their crimes range from simple theft to stealing entire ships and murder.

Liquefaction

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Iron ore fines and nickel ore are frequently presented for loading in a dangerous condition. The International Maritime Solid Bulk Cargoes Code (IMSBC Code) sets out the internationally agreed provisions for the safe stowage and shipment of solid bulk cargoes, including cargoes that might liquefy such as iron ore fines and nickel ore.

Sanctions

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Recent guidance & corresponding material in respect of international sanctions against various countries has been updated.