All members, non-members and guests are cordially invited to attend our coming evening seminar on Building a Universal Ship Trading Platform (“USP”)
About the Talk
Facing a mushroom of Fintech innovations in online trading nowadays, can we trade ships on the Internet? The answer is positive. It will bring down trading cost and operation cost substantially. Moreover, it can avoid most disputes arising from ambiguous terms. Paradoxically, these terms are implanted by both parties (often represented by brokers) with an original intent to complete a deal. These implantations have always transformed a well-tested standard contract into distorted terms making room for arguments. One primary objective of the USP is to avoid or at
least minimize such ambiguity. Capt. Chu will explain the idea in more details in the seminar, by quoting some contractual terms and illustrating operational problems
commonly encountered in the existing system. Questions (on sale and purchase) as well as challenges to the idea of USP will be discussed.
About the Speaker
Capt. Peter Chu, Director of South Express Ltd.
In 1966 Peter set his foot on a foreign going ship as cadet, since then ship has become a part of his life. He trained the crew and assessed the competency for their certificates; he surveyed ships and carried out casualty investigations; enforced marine legislation; took part in marine arbitration; gave witness in local and foreign courts. In the recent days, his company handles ships for demolition and second hand trading, as well as other related shipping projects.
Topic :Building a Universal Ship Trading Platform (“USP”)
Speaker :Capt. Peter Chu Chi Tung
Date & Time :7 March 2017 (Tuesday) 1830 – 2030 hrs.
Venue :No. 1 Conference Room, 37/F., China Merchants Tower,
Shun Tak Centre, 152-155 Connaught Road C., Hong Kong
Language :Cantonese, Mandarin, English
Charge :$50/person for Members, $100/ person for Non-Members
Free of charge for Young Members
For those interested persons, please kindly contact firstname.lastname@example.org before 1st March 2017 for our appropriate arrangement.
We thank you for your attention and look forward to seeing you all in that evening.
Chan Kam Wing / Activities Sub-Committee