Maritime Cook Islands (“MCI”), the leading ship registry, has recently established its presence in India with the appointment of two deputy registrars (“DR”), Mr Faust Pinto Jr and Ms Fereshte D Sethna, to serve the growing yacht owning community in the Indian markets.
Mr Faust Pinto Jr and Ms Fereshte D Sethna are both based in Mumbai and are well-known by their industry peers in the shipping industry. Based on their combined experience of more than 55 years, owners in the region can register their yachts with absolute confidence; handled by senior executives familiar in their language and with no time difference.
Chief Executive Officer of MCI, Glenn Armstrong said: “We welcome Faust and Fereshte to the MCI family – their appointments will serve a growing market in the world’s fastest growing economy. They are well-connected to the shipping market in India and we trust them to grow our yacht book significantly in the coming years. We believe MCI will be the flag of choice for these new owners.”
Mr Faust Pinto Jr is a seasoned industry player, having started his career in shipping almost three decades ago managing a fleet of Cargo Vessels operating in India, the Gulf and South East Asia.
Mr Pinto applies his vast knowledge and experience to surveying and has been appointed as surveyor on behalf of clients for commercial vessels and private yachts. He has also overseen several vessel constructions and has been engaged as a consultant for vessel refit projects as well.
Ms Fereshte D Sethna is a Senior Partner, founding member of the law firm DMD and managing partner of its Mumbai office. She heads the firm's International Litigation & ADR Group, and is also the proprietor-founder of Dunmorr Sett, a maritime law practise.
Her career spans over 25 years across several industries all over the world. She originally practiced maritime law, and presently supervises DMD’s admiralty and shipping law work. As a reputed maritime lawyer, she has extensively handled P&I and H&M work, ship sale & purchase, shipwrecks and mortgages amongst others.
The addition of the two DR significantly boosts the global network of MCI to 26 offices and this is in line with MCI’s vision of being a world class ship registry.
Earlier this year, it was one of the first few registries which acceded to the Nairobi Convention on the Removal of Wrecks, 2007 and subsequently was able to issue over 3,500 certificates to date.
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