The Water Quality Insurance Syndicate was recently honored by a small flag raising ceremony as its flag was hoisted high atop the Peking, a retired vessel permanentlydocked as part of the South Street Seaport Museum
in lower Manhattan.
The royal blue flag, which dons the company's trademark compass rose, was added to the 377 foot vessel to commemorate WQIS
's support of
the South Street Seaport museum.
WQIS is an underwriter of pollution liability insurance
for marine vessels in the United
States, and is dedicated to providing the broadest coverage in marine pollution liability and creating the most responsive organization to serve the needs of its clients.
The four-masted barque Peking represents
the final chapter in the evolution of merchant vessels
powered only by wind. Launched in Hamburg, Germany
in 1911, was used to carry
manufactured goods to South America
and to return via Cape Horn with nitrate. After being
retired for 43 years, the Peking was acquired by the South Street Seaport Museum in 1975
and towed to her current home at Pier 16. With a steel hull
as long as a football field, and masts
as tall as an 18-story building, the Peking is one of the largest sailing vessels ever built and the largest preserved by a museum. The Peking is open to visitors of the museum daily from 10am to 6pm.