P&I Club Opens Its Fourth Office in Shanghai
North P&I Club has celebrated the opening of its new Shanghai office – its fourth in Asia.
The new Shanghai presence adds to the club’s existing Asian offices in Hong Kong, Singapore and Tokyo, MANA correspondent reported.
“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. we look forward to increasing this figure during the coming years,” he said.