Qwest Maritime - announcement
Posted on 10th August 2020 at 12:22
C Demurrage is pleased to introduce Qwest Maritime, a joint venture partnership between our parent company C Solutions and with the West of England P&I Club.
Qwest brings together the insurance expertise of the West of England P&I Club and the innovative legal and claims consultancy skills of C Solutions group companies to offer the maritime industry a suite of tailored products to address those needs. Our experienced team works alongside and supports our clients’ in-house functional departments and can also offer bespoke services for particular roles or the option of outsourcing a range of back-office functions.
As part of Qwest we will continue to offer demurrage claims management and outsourcing services to our clients. Our industry experts work alongside our clients’ post-fixture and operations teams to provide an efficient and time-sensitive demurrage service. We can be instructed on a case-by-case or retainer basis to perform demurrage calculations, submit and collect demurrage and pursue/recover claims where required. Charges for calculations are generally on a fixed fee basis; charges for recoveries are usually on no cure no pay terms where our fee is a percentage of the sum recovered.
We will also continue to provide our clients and companies in the shipping and offshore industries with access to simple, flexible and competitive receivables financing as an additional source of off-balance sheet liquidity at rates that are highly competitive with corporate borrowing rates. We can arrange funding solutions for demurrage, hire and freight financing, offshore hire as well as other shipping-related disbursements such as agency and ship management fees. Financing arrangements are entirely confidential and in the majority of cases our clients remain responsible, at their option, for handling their receivables collections.
For further information please contact Nick Froude (firstname.lastname@example.org) or Chris Telford (email@example.com) or your usual C Demurrage contact.
We look forward to working with you.
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