The Swedish Club announces further Asian expansion
The Swedish Club announced today that the Club’s Board has endorsed a plan to expand its Asian operation with the establishment of a new full-service office in Singapore. The new office will build upon the success already generated by the Club in Hong Kong and enable the Hong Kong office to intensify its focus both locally and in China.
For more than 35 years The Swedish Club has been active in the Singapore market, and during that time members of the Club in Singapore and adjacent regions has grown significantly.
Lars Rhodin, Managing Director of The Swedish Club, says: “The Asian shipping sector is predicted to continue the expansion we have seen in previous years, and it is essential that we are well placed to serve that growing market. The choice of Singapore for a second office in Asia is a very natural step for the Club as there is a historically strong connection between Singapore and Nordic countries in shipping.
“This is an exciting step for us. We plan to offer the ‘all-in-one’ service that The Swedish Club is known for around the world and look forward to the opportunity of building even closer links with the Singapore shipping community.”
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Notes to Editors
The Swedish Club was founded by shipowners in 1872 and is today a leading and diversified mutual marine insurance company, owned and controlled by its members. The Club writes Protection & Indemnity, Freight, Demurrage & Defence, Hull & Machinery, Hull Interests, Loss of Hire, War Risks, and any additional insurances required by shipowners or charterers. It also writes Hull & Machinery, War risks and Loss of Hire for Mobile Offshore Units and FPSOs. Its head office is located in Gothenburg, Sweden, with branch offices in Piraeus, Hong Kong, Tokyo, Oslo and London.