Shanghai - Over 100 prominent members of the Chinese shipping community celebrated the opening of North P&I Club’s new office in Shanghai at The House of Roosevelt on the west bank of Huangpu River last Friday (25 November 2016). North’s new office, located in the Pudong financial district just across the river, opened for business earlier in the week to support the Club’s ever-growing Asia Pacific membership. Guests included Yang Yuntao, vice president and chief legal advisor of North member Sinotrans & CSC Holdings,(pictured right to left: Yang Yuntao with Paul Jennings and Gary Chen) which is the largest logistics services supplier in China and the country’s third biggest shipping company. He gave the main speech at the reception, in which he welcomed the Club to the city and wished it every success in China. Other guests included representatives of the Shanghai Maritime Safety Administration, the Shanghai Maritime Court, the Shanghai Maritime Arbitration Commission, the Pudong New Area Financial and Trade Zone, the Club’s long-standing Chinese correspondent Huatai Insurance Agency & Consultant Service and many local shipowners, insurance brokers and maritime lawyers. The new Shanghai office is headed by director Gary Chen. the decision to open a Shanghai office – the Club’s fourth in the Asia Pacific after Hong Kong, Singapore and Tokyo – reflects the importance of the Asian and Chinese markets to North P&I. Presently Asia Pacific membership now accounts for 34% of North P&I total global tonnage, equating to around 63 million GT of shipping. Total entries from Chinese owned and operated vessels currently stand at around 7 million GT.