NOVO 2011

The VI International Conference of Ship Brokers and Ship Owners ‘NOVO 2011’ was held under the support of the Union of Russian Shipowners at Geledzhik Resort & Spa on 12-13 May 2011.

More than 150 companies of the shipping industry attended the VI International Conference of Ship Brokers and Ship Owners ‘NOVO 2011’ (Geledzhik)

The VI International Conference of Ship Brokers and Ship Owners ‘NOVO 2011’ was held under the support of the Union of Russian Shipowners at Geledzhik Resort & Spa on 12-13 May 2011. 

The thematic scope of the event covered reviewing the recent trends in the Azov-Black Sea and Mediterranean dry cargo chartering markets, analysing outlook for ship owners of dry cargo vessels trading in these geographical areas, shipping finance and sale and purchase of vessels, risk management in carrying of goods by sea and new technologies in maritime industry.

The participants of the conference were such companies as Alcos Chartering – Bulgaria; AMYA Abogados- Spain; Aprile Project Spa-Italy; AST-Turkey; Baltnautic Shipping Ltd-Lithuania; Benad Forwarders Nigeria Limited-Nigeria; Brax Shipping HB- Sweden; Defence Risk Management Ltd- London; Worms Services Maritimes- France; Worms Services Maritimes – France; Sadat Marine -Egypt ; Rhenus AG & Co. KG –Germany; Rayan Maritime Services- Syria; Matrix-shipping-Switzerland; International Law Offices, Ukraine, Marine Legal Services SIA-Latvia. More than 150 companies from 17 countries participated in the event.

The partners of the conference, International Law Offices (Ukraine), Nikolay Melnykov ana Arthur Nitsevich, made a presentation ‘Modern Risks in Sea Shipping. Post-Crisis Period’. The speakers introduced a non-standard approach: they involved the participants into discussion from the very beginning. Has the crisis passed? Such a simple question may lead to a number of comments and set the tone of the discussion if focused on the particular audience.

Natalia Myroshnychenko, Senior Lawyer of International Law Office (Ukraine) held a master class Risk Management in Sea Carriages.

The master class covered such issues as:

The cargo can be lost or damaged in the process of carriage. The sea carrier must be sure that its interests are protected and liability is duly limited.

How to protect the sea carrier?
Does P&I policy cover the required risks?
Cargo insurance: a possibility to release the carrier from liability or additional problems for the carrier?
The particular circumstances of the risks and the possible ways for solving the problems basing upon the real cases from the practice of International Law Offices were discussed within the framework of the Master Class.

The Master Class was in the interactive form that provided the active and vivid discussion of the participants.  

The conference was successful. The organizers demonstrated a high level of the event and the speeches were very interesting and informative.

The organizers are planning to hold the next conference of 2012 in Odessa together with International Law Offices and International Business Forum (IBF).