On behalf of the NACS, it is my great honor and pleasure to extend our heartfelt thanks to the ASA for organizing and hosting the 14th Asian Shipowners Forum.

The ASF was established in 1992 and, with the arrival of this 14th meeting today, I am firmly convinced that the cooperation among all members of the ASF has been most noteworthy and successful.

I am also confident that the ASF's endeavors can achieve both prosperity and beneficial results in the shipping industry through cooperation among all members.

Please accept my best wishes for the success of the 14th ASF.