AMCF 2019 explores marine casualties in the 21st century and asks – is the industry coping?
LOC Group, in response to popular industry demand, is set to host the third Asian Marine Casualty Forum (AMCF) in Singapore in 2019, the company announced today.
The much-anticipated not-for–profit event “arranged by the industry for the industry” has rapidly become one of the cornerstone events in Singapore’s maritime calendar. Over 300 senior representatives from the maritime and insurance industries will attend the third AMCF which will take place at Singapore’s Marina Bay Sands Convention Centre on the 11 and 12 April 2019.
The forum aims to raise the standards of the industry, boost cross-industry cooperation, and reduce the risks and challenges involved in future major salvage and wreck removal operations. The speakers and participants of the two-day forum will explore how the shipping industry is coping with the swiftly-evolving marine casualty sector and will ask if the industry is taking the right steps to prepare itself adequately for a major shipping casualty. Drawing on recent cases studies, industry leaders will share insights on the most topical issues of wreck removal and salvage in the shipping industry with delegate participation. The highly contentious issue of quantitative risk assessment and risk transfer will be debated – with the forum seeking to examine its usefulness and effectiveness when dealing with casualties today.
Changes to Lloyd’s Open Form (LOF), the Salvage Convention and existing Baltic and International Maritime Council (BIMCO) forms of contract will be proposed and discussed. Bribery and corruption will also be addressed head-on with speakers from the Maritime Anti-Corruption Network sharing their knowledge and debating the key concerns. Container ship casualties will be examined, and their causes and consequences debated by experts from across the industry. Wrecks and the environment will be addressed including reef damage and a unique oil removal operation.
Commenting on the launch of AMCF 2019, Andrew Squire, Chairman of LOC Group, said: “With the widespread support of the industry, we are delighted to host the third AMCF given the tremendous success of the last two in 2015 and 2017. “The AMCF provides the perfect forum for the industry to debate and collaborate in seeking ways to find improvement in managing casualties and reducing risks. The more contribution and input we have – the richer our conversation will be.”