MARITIME industry experts will be in Kuala Lumpur tomorrow to share and discuss the latest in effective resolution of maritime claims.
The conference is timely in light of the bankruptcy of Hanjin Shipping Co – one of the top 10 container carriers – which left the South Korean ships stranded around the globe.
Last month, a wire report quoted a lawyer for Hanjin saying “a US-bound vessel was held ‘hostage’ by disputes over payments, adding to the struggles in getting US14bil (RM58.5bil) of cargo off its ships stranded at sea”.
Transport Minister Datuk Seri Liow Tiong Lai will open the conference and deliver the keynote address at the conference to be held at the Kuala Lumpur Regional Centre for Arbitration.
President of the Court of Appeal Tan Sri Md Raus Sharif and Court of Appeal judge Datuk Nallini Pathmanathan will also deliver special addresses.
The conference is organised by Legal Plus Sdn Bhd in collaboration with the International Malaysian Society of Maritime Law, Malaysia Inner Temple Alumni Association and Lincoln’s Inn Alumni of Malaysia.
The two-day event will offer intricate authoritative analysis from international and national experts on key considerations that affect bottom line costs and time management, and that deal with complex issues of overlapping jurisdiction and applicable limitation and arrest laws.