Richard Bokszczanin, MECO Claims Director since 1997, retired on March 29th. MECO said that Bokszczanin was “a hard-working and humble man, with a formidable intellect”, who eschewed the limelight. “He leaves with our profound thanks and best wishes for a happy, fulfilled and well-earned retirement with his wife Elizabeth”.
Edward Turner has been appointed to the MECO Board and has taken over the position of Claims Director.
Meanwhile, MECO, manager of the Charterers P&I Club, has rebranded CPIC Commodities and Logistics to MECO Marine. In an update on current trading it said that True North was performing strongly, and that in recent weeks True North had been busy assisting clients with disputes relating to LOI’s and related demands for security.
MECO said that some clients had become reliant on using True North for support and that the group was now working on annual retainers with them – which MECO said was a cost-effective method of having external legal assistance ‘on tap’ for shipping and commodity issues
MECO noted that the underlying freight and commodity markets were still “very volatile” and that general trading conditions remained challenging. However, they were “better than they were a year or so back”.