President Ye was invited to the maritime finance and law high-end summit of The First China “Dongjiang”Shipping Industry Week 2019 on April 23, 2019, and made a summary statement for the conference as an expert. Director Ni Xuewei and Secretary of the Party Group Bai Shaguang also attended it.

The conference was co-hosted by Management Committee of Tianjin Dongjiang Bonded Port Area, Tianjin Maritime Court and China Maritime Arbitration Commission. More than 60 industry experts, who come from China Maritime Arbitration Commission, Institute of International Law of Chinese Academy of Social Sciences, Guangzhou, Tianjin, Shanghai and Dalian Maritime Court, EIBC, leasing companies and shipping companies, were present the conference. They opened discussion on a raft of hot issues in maritime finance and law area, including Prevention of Vessels Financing Risks, Value Assessment with Charted Ships and Ships Asset Transaction, International Sanctions and Validity of Marine Insurance and Identification ofLeasing Vessels Ownership and Undertaking Tort Liability.

During the professional review session, Ye pointed out that financial lease of vessels is a new type of financial operation mode that integrate with finance, ship trade and shipping service. The revision of Maritime Law has entered a critical stage, whether the financial lease of vessels should be regulated as an independent chapter needs thorough discussion and full demonstration. A major challenge arises when it comes to maritime trial practice, as cases related to financial lease of vessels disputes are in a small quantity while large in the object of dispute financially, where new situations and problems keep cropping up and related laws but regulations are not comprehensive and consummate. For its advantages of efficiency, flexibility, low-cost and confidentiality, we should give full play to the role of maritime arbitration in terms of financial lease of vessels cases, and actively guide the parties to choose from multiple disputes settlement mechanisms like arbitration to solve their problems.