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NYPE 2015 Seminar

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Organizer Name
Singapore Maritime Foundation (SMF)
Location
Maxwell Chambers, Singapore
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Registration
Private event, by invite only

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The New York Produce Exchange Form (NYPE) is the most widely used standard time charter party in the dry cargo sector of the industry. The revised NYPE was launched on 15 October 2015, the first revision since 1993. This revised form is the first international shipping form that is a collective effort spanning the globe involving the owner and copyright holder, the Association of Ship Brokers and Agents (USA) Inc. (ASBA), BIMCO and the Singapore Maritime Foundation (SMF) over three years.

The Singapore Maritime Foundation (SMF) is pleased to have hosted the Singapore leg of the NYPE 2015 Seminar Series, which brought different perspectives on the use of the form.

The seminar on 22 April was the third in a global roadshow to introduce the newly published NYPE 2015 time charter party. Members of the NYPE 2015 drafting team gave their views on the key clauses and explained the benefits to users of adopting the new contract. The audience asked the panel questions and voiced their opinions about the new NYPE.

The speakers for this seminar were:

Representing ASBA

  • Mr Paul Hirtle, LB Chartering LLC

Representing BIMCO

  • Mr Grant Hunter, Chief Officer Legal and Contractual Affairs, BIMCO

  • Mr John Freydag, Managing Director, Container & Bulk Chartering, Bernhard Schulte GmbH & Co KG

  • Mr Andrew Rigden Green, Partner, Stephenson Harwood, Hong Kong

Representing SMF

  • Mr Henry Mytton-Mills, Managing Director, Aries Shipbroking (Asia) Pte Ltd

  • Mrs Gina Lee-Wan, Partner, Allen & Gledhill LLP

  • Mr David Chin, Executive Director, Singapore Maritime Foundation

The NYPE Seminar was held in conjunction with the Singapore Maritime Week 2016 (SMW). SMW is the leading maritime event in Singapore driven by the Maritime and Port Authority of Singapore. SMW gathers the international maritime community in Singapore for a week of conferences, dialogues, exhibitions and social events in celebration of all things maritime. These events reflect the vibrancy and diversity of Singapore as a major international maritime centre.

  • Forums, Seminars

About the Organizer

The Singapore Maritime Foundation (SMF) was established on 27 January 2004 to facilitate dialogue and cooperation among maritime stakeholders from the public and private sectors. As the bridge between the public and private sectors, SMF aims to provide the industry with a clear and representative voice, and spearhead projects to boost its development.

SMF also organises and participates in a host of maritime events to strengthen the Maritime Singapore brand. To date, SMF has significantly benefitted from strong support from all sectors of the industry which has enabled the organisation to reach out directly to the community for new areas of work to improve the current maritime ecosystem.

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Mr. Lars Kastrup

CHIEF EXECUTIVE OFFICER, PACIFIC INTERNATIONAL LINES

Mr. Lars Kastrup is the Chief Executive Officer of Pacific International Lines (Pte) Ltd (PIL).

Prior to joining PIL, Mr. Kastrup was CEO of NOL/APL, and subsequently assumed the role of Executive Vice President, Strategy and M&A at CMA CGM Group. A veteran in the global shipping industry with over 30 years of experience, Mr Kastrup’s other roles include Executive Vice President of Assets at CMA CGM Group heading up CMA Terminals, CMA Ships, Container Logistics as well as regional carriers such as MacAndrews, OPDR and Mercosul; as well as Vice President at AP Moller-Maersk.
Mr. Kastrup complemented his tertiary education with leadership and management training at Penn State University and The Wharton School at the University of Pennsylvania.

Ms. Angeline Teo

MANAGING DIRECTOR & HEAD, GLOBAL TRANSPORTATION & OFFSHORE, OCBC BANK

Ms. Angeline Teo is the Managing Director and Head of Global Transportation and Offshore, Global Corporate Banking at OCBC Bank which focuses on the maritime, aviation, land & port ecosystems.
Ms. Teo has spent over three decades in maritime finance. Prior to OCBC, Ms. Teo was working at ING Bank, ABN Amro and DnB in Singapore focusing on maritime and offshore.
Ms. Teo graduated from the National University of Singapore with a degree in Business Administration.

Mr. John Martin

CHIEF EXECUTIVE OFFICER, GARD SINGAPORE

Mr. John Martin began his career in London in 1989 with Richards Hogg Lindley Average Adjusters, and qualified as a Fellow of the UK Association of Average Adjusters in 2000.
At RHL he worked in their offices in Australia, Taiwan and Hong Kong. In 2003 he joined Gard Hong Kong, as a claims handler. Mr. Martin also worked in Gard Japan, and in 2014 he moved to Singapore to set up the Gard Singapore office.
Besides running Gard Singapore, Mr. Martin also heads the P&I and H&M claims units and is the Senior Claims Representative for Gard in Asia.

Mr. Cyril Ducau

CHIEF EXECUTIVE OFFICER, EASTERN PACIFIC SHIPPING

Mr. Cyril Ducau is the Chief Executive Officer of Eastern Pacific Shipping Pte Ltd, a leading shipping company headquartered in Singapore for the past 30 years.

He is also currently the Chairman of Kenon Holdings Ltd and a member of the board of directors of Gard P&I (Bermuda) Ltd. and of the Global Centre for Maritime Decarbonisation Limited, which was established by the Maritime and Port Authority of Singapore. He was previously Head of Business Development of Quantum Pacific Advisory Limited in London from 2008 to 2012 and acted as Director and Chairman of Pacific Drilling SA between 2011 and 2018.
Prior to joining Quantum Pacific Advisory Limited, Mr. Ducau was Vice President in the Investment Banking Division of Morgan Stanley & Co. International Ltd. in London between 2000 and 2008.
Mr. Ducau graduated from ESCP Europe Business School (Paris, Oxford, Berlin) and holds a Master of Science in business administration and a Diplom Kaufmann.