Dubai:   EMAC kicks off its first breakfast after the summer period with a presentation on marine casualties from an insurance perspective.  Speakers, Bengi Yuceer, Regional Head of Marine Claims and Vivek Sharan, Regional Marine Client Director both from Howden Insurance Brokers LLC focused the talk on recent casualties and events in shipping, the status of the insurance market and future outlook, as well as casualty management in insurance claims.

“Marine Insurance, is one of the oldest forms of insurance. Insurance brokers are faced with a multitude of shipping claims on a daily basis, hence a talk of this nature is key to understanding operational risks and how to manage issues when they do arise, be it through insurance or dispute resolution. At EMAC it is our responsibility to provide a platform for informative industry discussion, opinions and knowledge building,” said Mr. Majid Obaid bin Bashir, Chairman and Secretary General, EMAC.

The team at EMAC will remain active through their participation on each day of the

UAE Maritme Week beginning with the Dubai Maritime Agenda on 22 September, Seatrade Offshore Marine and Workboats on 23 September, the Marine Insurance Conference on 24 September and Maritime Law Conference on 25 September. Through this participation, it is clear that EMAC remains committed to ensuring that the industry knows about the Centre’s support and services.

The next Breakfast with EMAC seminar will continue on 20 October, co-hosted with Clyde&Co.

To learn more about the topics or to register your interest visit www.emac.org.ae  or email info@emac.org.ae

- ENDS

About Emirates Maritime Arbitration Centre (EMAC):
Emirates Maritime Arbitration Centre (EMAC) was established in accordance with Emiri decree No. 14/2016 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, in April 2016, with a formal launch of its services in November of the same year. Initially based out of Dubai International Financial Centre (DIFC), EMAC has its own legal identity and is financially and administratively independent.

EMAC was launched in response to the region’s growing maritime activity, the UAE’s ambitions to develop into the world’s largest maritime hub in the world by 2025, and the belief in the efficiency of the arbitration process. The first specialised maritime arbitration centre to be established in the MENA region, EMAC aims to position the UAE as a centre of excellence for maritime arbitration, adhering to best practice in line with international standards.

Impartial and transparent, EMAC works with organisations across the region, providing services for resolving maritime disputes - through arbitration, mediation and other dispute resolution processes. EMAC’s rules are built on the most up to date internationally recognised arbitration and mediation rules - they allow for emergency arbitration and fast-track arbitration, to meet market demand and address the sector’s need for fast and efficient dispute resolution.

By establishing a trusted global standard for maritime arbitration services in the UAE, EMAC aims to continue to promote awareness of local, regional and international dispute resolution best practices, and to further support the UAE as it develops into a world-renowned maritime destination.

For any further information, please contact:
Reka Sepsy
+971 (0) 55 220 6820
reka@auroraadvertising.ae 

© Press Release 2019

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