Michael Kingston has been named as a top 50 industry leader in the Tanker Shipping & Trade Industry Leaders annual supplement.
The supplement to Tanker Shipping & Trade, the world's leading magazine dedicated to exclusive coverage of the world's tanker industries, profiles and ranks the tanker shipping industry's top 50 leaders. The leaders are selected by Tanker Shipping & Trade's editor, Edwin Lampert, and based on a range of criteria. These include: trend-setting, exploiting new markets, deal-making, innovation, meeting customer requirements, industry contribution and a commitment to excellence and to safety.
Michael has been credited for his invaluable work in creating the insurance and regulatory framework required to do business responsibly in the Arctic region.
Michael comments in the supplement: " It is difficult for banks to finance Arctic projects if the risks are not able to be transferred to the insurance market. So we have been working closely with Lloyd's of London and the London insurance market to come up with insurance products that will enable those projects to go ahead and give comfort to banks so that the money can be drawn down.
This accolade adds to Michael being named in the Lloyd’s List Top 100 Influencers and winning Maritime Lawyer of the Year in 2014.