Marine Insurance Greece
The Eugenides Foundation, Athens
Day One: 13th May 2025
(All times are in EEST)
09.15-09.55 | Registration and Coffee in the Pre-Function Area |
09.55-10.00 | Welcome Address |
Conference Chair: Conference Chair: Yannis Triphyllis,Board Member, Hellenic Chamber of Shipping and Hellenic Foundation for Foreign Policy, ELIAMEP | |
10.00-10.15 | Keynote Address: The Future Looks Bright – Shipping Remains a Global Force |
Too often, the focus is on challenges and threats rather than opportunities. However, the shipping sector is a mighty global force, powering the world’s economies and enabling businesses and communities to thrive. In this keynote, we hear how the shipping sector is faring in 2025 and look forward to the future opportunities for the sector to grow and thrive. | |
Presenter: George Alexandratos, Chairman, Hellenic Chamber of Shipping | |
10.15-10.30 | Keynote Address: TBC |
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10.30-11.20 | Panel Discussion: The Big Picture – Does Marine Insurance Remain Fit for Purpose? |
In a hard market, insureds will often look to alternatives to the traditional insurance market. However, even as the market slides towards softer conditions, the questions remain over market relevance. In this session, we explore how insurance can remain fit for purpose and how it can adapt to new trading conditions, emerging markets and challenges from evolving technology. We also consider the flood of MGAs entering this space and the impact these might have on traditional structures. We also consider whether the softer market conditions in London make the Greek market rethink where it currently buys its H&M cover from and, if not, what would competing markets have to do to win the business? | |
Moderator: Ilias Tsakiris, Chair, Ocean Hull Committee, International Union of Marine Insurance Panellists: Manos Lorentzos, Executive Director, Seascope Europe S.A. and Chairman, Hellenic Committee of Lloyd’s Brokers Haris Lagios, Head of Marine, Aon Greece Davinia Melachrinos, Partner – Marine, McGill and Partners | |
11.20-11.40 | Presentation: Are Marine Claims Being Redefined? |
This session will investigate recent claims and identify the major trends. In an interactive session, ship owners will be encouraged to think about all the stages of a claim and how to better manage the process to get better outcomes. This will cover all sorts of claims, particularly bunkering, but also groundings and machinery claims. | |
Presenter: George Margetis, Chief Executive Officer, Margetis Maritime | |
11.40-12.10 | Coffee and Networking Break |
12.10-12.50 | Panel Discussion: Debating The Hot Topics – LOF |
LOF 24 was introduced last year, including some controversial new clauses. Salvors are concerned by the concept of insurers having greater sign off powers, fearing it will cause unnecessary delay and possibly ultimately leave salvors out of pocket, while insurers welcome greater control over costs. In this panel discussion, we debate whether the industry-wide conversation is steering a course towards a broad consensus, or if it has itself run aground. | |
Moderator: Martin Hall, Partner, Hill Dickinson Panellists: George Tsavliris, Non-Executive Chairman, OneGlobal Greece & Cyprus Elias Psyllos, Vice President, T&T Salvage Mark Beare,Regional Claims Manager, Thomas Miller Kiran Khosla, Principal Director (Legal), International Chamber of Shipping | |
12.50-13.10 | Case Study: Years of Wrangling Ahead? The Dali |
In the immediate aftermath of the Dali’s collision in Baltimore Port, everyone became an armchair loss adjuster, with social media predictions of billions of dollars in costs, years of repair works and that nothing would be the same ever again. In a more considered fashion, this session will look at the realities and the possible implications for the marine market, asking whether the foretold financial disaster has actually become a manageable event for the market, which should be applauded for its ability to handle such claims. | |
Presenter: Dimitris Theodorou, Director, Emergency Response, Resolve Marine | |
13.10-13.45 | Panel Discussion: The Red Sea |
As ships turn their backs on the Suez Canal because of the Houthi rebel attacks, the implications have been growing for the Egyptian economy, but also for Greek ports. In this fireside chat, we discuss the cost implications for individual shipping companies of using the Cape rather than the Canal and consider the impact on marine casualties. We also look at the wider implications for ports along the routes. | |
Moderator: Nicholas Berketis, Manager, J.Kouroutis & Co. Ltd. Insurance and Reinsurance Brokers Panellists: Spyros Vlassopoulos, Managing Director, IONIC Shipping Despina Kalfa, General Manager, Senior Broker, Aries Marine Damian Bischiniotis, Senior Marine Broker, Blueaigaion | |
13.45-14.35 | Lunch and Networking |
14.35-14.55 | Presentation: End of Life Care Needs Attention |
Just a few weeks after this conference, the new Hong Kong Convention on Ship Recycling will come into force. This asks owners and ship builders to consider how vessels will be handled at the end of their lives, even as the ship is built in the first place. This session will provide an overview of the new rules and the likely implications going forward. | |
Presentation: Maria Moisidou, Partner, Hill Dickinson | |
14.55-15.15 | Presentation TBC |
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15.15-15.25 | Presentation: Fire at Sea – Navigating the Complexities of Marine Fire Investigations |
Marine fire investigations present a unique set of challenges that require a comprehensive blend of technical expertise, regulatory knowledge and practical experience. Forensic Investigator Tom Peat provides an insight into the complexities of marine fire investigations and the importance of collaboration between stakeholders to prioritise safety, whilst ensuring a robust investigation can be completed. Key areas covered will include the initial response requirements, the management of the investigation onboard the casualty and the detailed forensic analysis of the available evidence, through to reporting and arbitration. | |
Presenter: Tom Peat, Forensic Investigator, Hawkins & Associates | |
15.25-16.00 | Panel Discussion: The Human Element – Managing Crew |
The industry has an obvious duty of care to its seafaring workforce and it is in the best interests of ship owners to look after staff to ensure they have a high rate of retention. But sometimes, there is a focus on the negative rather than on the benefits of the seafaring life, leading to a more negative perception among young people, those the industry needs to attract for sustainability. So, what more can the industry be doing to promote itself more positively? This session will look for the answer. | |
Moderator: Ioanna Topaloglou, General Manager, Orion Brokers Panellists: Paul Harrison, Director, Howden Specialty Holly Hughes, P&I Senior Claims Executive, NorthStandard Alexandra Chatzimichailoglou, Senior Claims Adviser, Lawyer, Gard David Nichol, Senior Advisor Loss Prevention & Claims, The Swedish Club | |
16.00-16.20 | Coffee and Networking Break |
16.20-16.40 | Presentation: What Does the Philippines’ Magna Carta Mean for the Shipping Sector? |
The Philippine authorities have introduced their own version of the Magna Carta to protect their workforce. But with Filipino crew making up some 25% of the worldwide ship crew numbers, there are some major implications for the sector. In this session, we dive into the likely impact of this new law and consider the potential practical implications. | |
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16.40-17.10 | Panel Discussion: The Trump Effect |
Five months after coming into office, this session outlines the major changes brought in by the new Trump administration in the US and considers how this is impacting geopolitics and seaborne world trade. How might tariffs affect trade and what might the impact be for the next four years? | |
Moderator: Yannis Triphyllis,Board Member, Hellenic Chamber of Shipping & Hellenic Foundation for Foreign Policy, ELIAMEP Panellists: Ino Afendouli, Director, Institute of International Relations (IDIS) Athanasios Platias, Prof. International Relations, University of Piraeus, Department of International and European Studies Maria Gavouneli,Director General, ELIAMEP; Professor, Faculty of Law, National and Kapodistrian, University of Athens | |
17.10-17.30 | Presentation: Fuel EU Maritime Regulation |
On January 1, 2025 the new FuelEU Maritime Regulation came into full effect. This session will touch upon the practicalities and implications of FuelEU Maritime for the industry and help the audience prepare for the new requirements. We will explore the necessary steps companies must take to align with these new regulations, as well as the contractual implications between Owners and Charterers. | |
Presenter: Eleni Antoniadou, Lawyer, Gard | |
17.30-17.35 | Closing Remarks |
Conference Chair: Conference Chair: Yannis Triphyllis,Board Member, Hellenic Chamber of Shipping and Hellenic Foundation for Foreign Policy, ELIAMEP | |
20.00-LATE | Polygreen are proud to sponsor the Marine Insurance Greece Party 2025, which will be held at Barbarossa, Athens. All delegates are warmly invited to attend. |
Marine Insurance Greece
Day Two: 14th May 2025
09.30-09.55 | Registration and Coffee in the Pre-Function Area |
09.55-10.00 | Welcome Address |
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10.00-10.20 | Keynote Address: TBC |
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10.20-11.00 | Panel Discussion: Integrated Waste Management Services After a Fire on Board a Container Vessel |
Dealing with a fire on a container vessel is testing enough, but what do you do afterwards to ensure that damage to the environment is minimised? Ensuring best practice is imperative in order to deal with the aftermath of a chaotic situation onboard, reduce additional costs and manage intact and distressed cargo. This session will draw on examples of such cases and highlight what needs to be done to mitigate the environmental impact. | |
Moderator: Stavriana Asprogiannidou Panellists: Gianluca Rolff, Master Mariner and Marine Consultant, Minton, Treharne & Davies Group Athanasios Polychronopoulos, Chief Executive Officer and Managing Director, Polygreen Afroditi Karava, Senior Claims Manager & Solicitor, The London P&I Club | |
11.00-11.40 | Panel Discussion: Sanctions in Practice |
Every shipping executive, from shipping companies, charterers, operators and their insurers all know the day-to-day difficulties thrown up by sanction regimes. In this session, we look at the realities of operating within the law. Looking at the practical challenges as well as the cost implications, we offer practical advice on how to operate in this challenging environment. | |
Moderator: Dimitri Vassos, Partner, HFW Panellists: Effie Koureta, P&I Claims Director,NorthStandard Danae Pispini, Lawyer, Gard Dmitry Vavilov, Managing Director, Maritime Risk Management Joanna Pavlidis, Associate Director, The London P&I Club | |
11.40-12.10 | Networking Break |
12.10-12.30 | Interactive Session: The Recurring Risk of Stowaways |
The problem of stowaways has been around for hundreds of years, but has become a big issue again recently. Many in the industry also fear it will be become an even bigger issue with President Trump coming into power in the US. In this session, we will remind owners of their obligations under Solas and the Convention on Refugees, as well as provide some recent case studies. Finally, there will be poll questions to engage the audience and gauge the depth of the problem. | |
Presenters: Aliki Gotsi, Senior Claims Manager, West of England P&I Club Ian Clarke, Chief Executive Officer (Hellas), West of England P&I Club | |
12.30-12.50 | Presentation: Trends in War Risk Claims |
Roll back just a few years and claims related to war risks were a rare thing. However, today, claims experts are handling increasing numbers. In this session we investigate why these claims are happening and what is going wrong. Are owners taking too many risks, are wordings doing their job, or is it just bad luck? We analyse the claims trends to find some answers. | |
Presenter: Dimitris Exarchou, Partner, HFW | |
12.50-13.15 | Fireside Chat: Time for the End of Billable Hours for Maritime Lawyers? |
The billable hour has long been the basis of how law firms have traditionally charged for their services. Is this now outdated in a world where there is increasing demand for certainty of cost and is it time that alternative fee models become the customary practice? The end of billable hours: necessary and inevitable, or not? | |
Participants: Alexandra Davison, Head of FDD Claims – Greece, NorthStandard | |
13.15-13.30 | Presentation: A Heavy Price for Small Misdemeanours? |
In recent years, the cost of fines in Turkey has risen sharply, with vessels being charged high sums for small misdemeanours. As a result, many of the P&I Clubs have stopped insuring this risk, leaving owners facing new exposures. In this session, we provide some real-life examples of what has been happening, with advice from the experts on how to reduce the risks going forward. | |
Presenter: Turker Yildrim, Partner, Esenyel Partners | |
13.30-13.35 | Closing Remarks |
Conference Chair: Yannis Triphyllis,Board Member, Hellenic Chamber of Shipping and Hellenic Foundation for Foreign Policy, ELIAMEP | |
13.35-14-30 | Farewell Lunch and Drinks |
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