Thursday, November 19, 2015

Ship Arrest Seminar at Maybank, 3 November 2015

The team at Messrs Fuzet Farid had the privilege of conducting a Ship Arrest Seminar for the senior management of Malayan Banking Berhad (Maybank) at Menara Maybank, Kuala Lumpur on 3 November 2015. Presented before a group of 20 participants, the seminar was conducted with a focus on the legal and commercial aspects concerning the arrest of ships in Malaysia.

The presenters, including our Managing Partner, Fuzet Farid, and the participants were involved in a highly interactive seminar, as the participants posed questions mainly from the perspective of a mortgagee in ship arrest claims. Our Danial Nizam and Mathew David also shared their experiences in conducting ship arrest, ranging from the actual arrest of a vessel at anchorage at Labuan to the appearance before the Sheriff and the Admiralty Court Judge at the Admiralty Court in Kuala Lumpur.

The Ship Arrest Seminar was an excellent platform for knowledge-sharing and networking for us at Fuzet Farid and the senior management at Maybank.

We take this opportunity to thank Maybank and the participants of the seminar for contributing and engaging with us during the seminar.


The Fuzet Farid team with the participants of the Ship Arrest Seminar


International Bar Association Annual Conference, Vienna, 8 October 2015

Our Managing Partner, Fuzet Farid, presented a conference paper entitled "Malaysian Shipping Tax - The Current Tax Structures used in Malaysian Shipping" before shipping law practitioners from all over the world at the International Bar Association (IBA) Annual Conference in Vienna, Austria on 8 October 2015. Fuzet Farid is a renowned feature among the international shipping law practitioners at the IBA, having previously published an article entitled "Consequential Losses in Long Term Contracts of Affreightment under Malaysian Law" in the IBA Maritime and Transport Committee Newsletter in May 2015.

As a background, Mr Godofredo Mendes Vianna of Kincaid - Mendes Vianna Advogados Associados, currently the Vice Chair of the Maritime and Transport Law Committee, was responsible to chair and organise a Session on the topic “Tax For Shipping - are tax haven jurisdictions really the best destination for shipowners and vessels operators?” where several aspects of tax structuring for ship/rig owners and operators would be discussed amongst different jurisdictions. The said Session was a joint session between the Maritime and the Taxes Committees of the IBA.

Our Fuzet Farid was invited by the IBA Maritime and Transport Law Committee as one of the panel members consisting of six other distinguished speakers. Considering the sharp and high standards of presentation by the speakers, it was no surprise that the session was filled with critical questions and constructive debates between the speakers and the participants. The session received overwhelming response from the audience, including from members of the publishing sector. 

We at Messrs Fuzet Farid are proud to announce that Fuzet Farid was appointed as the South East Asia Regional Representative for the IBA Maritime and Transport Law Committee.

The Firm congratulates Fuzet Farid on achieving yet another milestone!

Fuzet Farid (second from left) with her fellow presenters at the Joint Session between the Maritime and the Taxes Committees of the IBA