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In a significant boost reflecting
the emerging importance of Malaysia
as a maritime centre, two of the
world's leading clubs, the London
P&I Club and United Kingdom P&I Club
will meet in Kuala Lumpur over the
next one week.
London P&I Club will hold its annual
general meeting on 16 October 2002
in what is the first such meeting to
be held outside the United Kingdom.
Founded in 1866, the London Club
exists to offer third party
liability insurance to shipowners,
operators and charterers on a
mutual, non-profit basis. The Club
handles claims ranging from crew
sickness or cargo damage to the full
cost of major oil spills, and other
such disasters.
The Club, managed by Bilbrough & Co
Ltd, draws its members from well
established shipowners operating
from the world's major shipping
centres.
The chief executive of Bilbrough,
Paul Hinton, who will be in Kuala
Lumpur for the meeting, will also
speak at the 1st Asia Maritime &
Logistics Conference that opens
today.
Kuala Lumpur is also the venue for a
meeting of the United Kingdom Mutual
Ship Assurance Association Ltd P&I
Club that will hold a day seminar as
well as host a dinner for the
shipping community.
The chairman of the Club, Alec
Kairis, will lead the meeting that
is expected to discuss current
developments and issues in the
industry that have impacted on the
risk assessment and management of
liabilities in the light of new
security and safety challenges.
The Club, managed by Thomas Miller,
has stringent standards on quality
requirements for protection of
vessels and whose members include
Malaysian shipowners.
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