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Australia : PARTNERSHIP to increase international risk management portfolio formalised by MAST and AMSA.

Partnership with Astbury Marine Services & Associates (AMSA), a specialist shipping and insurance response business is declared by leading maritime security company Maritime Asset Security Training (MAST). The combination of front-line experience and industry knowledge place MAST and AMSA as leaders in their field.

The two companies will collaborate to offer an improved portfolio of risk management services to clients trading in difficult or complex environments. These comprise support after an insurance incident, ship arrest or delay and a prevention and response service in relation to Kidnap for Ransom.

MAST and AMSA possess thorough knowledge of Somalia from working on the ground for P&I Clubs, World Food Programme and a Somali regional government. Previously Peter Astbury was lead advisor on discussions in respect of four Somali hijack cases (and a retained advisor on eight others) and Gerry Northwood, COO of MAST, was formerly a Royal Navy counter piracy commander in the Indian Ocean. Moreover their knowledge of the Gulf of Guinea is based upon a corporate presence in Nigeria and counter piracy support to commercial ships in the region from 2012.

Counter piracy services in the Indian Ocean and the Gulf of Guinea, and a successful concept of front line mediation for ship owners, marine insurers and Flag states with sensitive or intractable disputes was founded by both the firms.

The firms will function out of offices in the UK, Singapore and Sri Lanka and clients will benefit from an extensive global network of working contacts.

Peter Astbury, CEO and founder of AMS said, In a world where the trading environment for ship owners and ships crews is increasingly unpredictable, this partnership will help our mutual clients to better understand and mitigate risk, reassure their crews and avoid unnecessary delays and time off hire.

Phil Cable, CEO and co-founder of MAST said, Our two companies have already long enjoyed a successful relationship and I am very pleased to be formalising the partnership. Clients of both firms will benefit from this coordinated approach and from the combined experience and expertise.

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Publication:Mena Report
Date:Jul 2, 2016
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