Coastal Marine has relocated its office to Menara Perak on Jalan Perak. The office is located on the 12th level, Suite 12.02 of Menara Perak, No. 24 Jalan Perak in Kuala Lumpur.
Coastal Marine was founded in 2012 by three veterans of the insurance business who believed that there should be a specialist in brown water marine hull insurance provider. This led to focused attention on the smaller vessel operators who were not receiving the same level of attention from the underwriting community.
“As a company, we grew significantly during the two years of lockdowns and general disruption caused by COVID, so I am delighted to see our underwriting, processing, claims, and accounting teams all under one roof in our new office”, said Mark Stevens, Managing Director of Coastal Marine. “We are very conveniently located in the heart of the business centre with major hotels all around us and walking distance of the Pavilion and the Twin Towers.”
Effective immediately, the office of Coastal Marine will now be located at Level 12, Suite 12.02, Menara Perak, No. 24 Jalan Perak, 50450 Kuala Lumpur, Malaysia. You can contact us through our office phone numbers, +60 3-4813 8966 or +60 3-4813 8977.
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Coastal Marine participated at this year’s Bali Rendezvous and Singapore Reinsurance Conference to continue nurturing relationships with potential and current clients in the world of brown water marine hull insurance and reinsurance.
Paper charts remain an indispensable tool in many smaller ships, tugs, and fishing boats worldwide. In many such vessels, there is no space to fit the dual Electronic Chart Display and Information System (ECDIS) which the International Maritime Organization (IMO) requires in order to dispense with paper charts. Further, the cost of such installations would be crippling for many owners, as it will be challenging to try training a myriad of perhaps lesser educated crew members in the intricacies of several different ECDIS software systems.
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