Manila: DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has announced the expansion of its global network with the opening of a new office in the Philippines.
DGS Marine’s global network has grown to nine offices with the launch of DGS Marine Philippines, which will be based in Manila and headed up by Captain Tim Grime.
“The shipping industry is changing, with increasing pressure on shipowners to manage and control all costs within their business. The most recent round of P&I renewals saw 35% premium growth for DGS Marine in the Far East, largely driven by the growing appeal of fixed premium insurance for shipowners that require greater certainly and transparency over their insurance costs. As such, it was the natural choice to strengthen our presence in the region and expand our global network with the opening of our office in Manila,” commented David Skinner, BE&O P&I Group Managing Director.
“We want to be where our clients need us and the Philippines plays a vital role in the international shipping industry, not just as the world’s leading source of seamen or as a major shipbuilding nation, but also as a base for the growing number of ship managers and owners who have offices in the country. Drawing upon our locai knowledge and the wider expertise across the DGS Marine global network, we are confident that we will deliver first class service for all of our clients with interests in the Philippines and the Far East,” Captain Tim Grime, Executive Manager, DGS Marine Philippines added. [16/04/14]