26 May '11, 12pm

cases of maritime arbitration heard in S'pore[2011]: You have got to get the new contracts (that specify that) S...

SINGAPORE is fast gaining prominence as the place of choice to sort out a legal brawl on the high seas. Ever since the Singapore Chamber of Maritime Arbitration (SCMA) was reconstituted in 2009 as a separate entity from the Singapore International Arbitration Centre (SIAC), maritime arbitration cases have shot up in number. Between 2004 and May 2009, only five cases were registered. After the reconstitution, however, 25 cases were lodged in the last two years. This was attributed to dogged marketing and the launch of the Singapore Ship Sale Form, a contract form for the sale of used ships which makes Singapore a default seat of maritime arbitration, Jude Benny, a board member of the Maritime and Port Authority of Singapore and a former board member of the Singapore Maritime Foundation (SMF), told BT yesterday. Speaking on the sidelines of the 3rd Singapore Short Course joi...

Full article: http://www.singaporelawwatch.sg/remweb/legal/ln2/rss/lega...

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