General Spotlight on Singapore’s Maritime Champions: Ms. Tan Beng Tee, Executive Director, Singapore Maritime Foundation In celebration of the International Day for Women in Maritime, John Sze, our Deputy Managing Partner, sat down with Ms. Tan Beng Tee, Executive Director of the Singapore Maritime Foundation, on her journey as a leader in Maritime Singapore, and her thoughts and tips women who are starting their careers in the Maritime sector.… Read More » 26 May 2023
Shipping, International Trade and Logistics Supply Chains Shake Ups – Building Flexibility and Resilience for Business Transformation Key players from the shipping industry were in Singapore last week for Singapore Maritime Week (SMW) and the Singapore Shipping Forum, where themes discussed included decarbonisation, digitisation of the shipping sector and improving the flexibility of supply chains. The industry has undergone a period of significant change and instability over the past few years.… Read More » 3 May 2023
Shipping, International Trade and Logistics Singapore’s National Hydrogen Strategy and What it Means for Shipping Industry Stakeholders One of the panel sessions at last week’s Singapore Maritime Week explored the potential readiness for alternative fuel options such as hydrogen as well as the associated operational infrastructure challenges and opportunities. Cleaner fuels are increasingly emerging as alternatives to the bunker fuels currently used to power vessels.… Read More » 3 May 2023
Regulatory & Compliance Workplace Fairness Legislation – Key Recommendations From The Tripartite Committee on Workplace Fairness On 13 February 2023, the Tripartite Committee on Workplace Fairness (the “Committee”) released its interim report with its recommendations for workplace fairness legislation (“WFL”). The committee was formed in July 2021 to review the workplace fairness framework in Singapore. Presently, the main framework for workplace fairness is found under the Tripartite Guidelines on Fair Employment Practices (“TGFEP”).… Read More » 5 April 2023
Regulatory & Compliance The Missing Link – Proper Law of the Arbitration Agreement Properly drafted contracts should (and usually do) have: 1. A clause specifying the system of law that governs the contract; and 2. A clause specifying how and where disputes arising under the contract are to be resolved e.g. Singapore Courts or Singapore Arbitration.… Read More » 28 February 2023
Dispute Resolution Arbitrability – What Does It Mean And Why Is It Important? A common misconception is that any and every commercial dispute can be resolved via arbitration. However, this is not the case. Under Singapore law, some types of commercial disputes cannot be referred to arbitration. Read More » 18 January 2023
Corporate Enhancements To Nominee Shareholder And Registrable Controller Requirements For Companies With the aim of mitigating the use of corporate vehicles for illicit purposes, Singapore has implemented enhancements to the transparency of Singapore’s corporate governance regime, which came into effect on 4 October 2022. These enhancements are in alignment with recommendations made by the Financial Action Task Force, and affirm Singapore’s pledge to combating money laundering, terrorism financing and other threats to the integrity of financial ecosystems at large.… Read More » 18 January 2023
Shipping, International Trade and Logistics Singapore As The Asian Forum To Arbitrate Maritime Disputes The nature of maritime disputes can be complex and wide ranging; disputes can arise out of ship mortgages, ship repairs, demurrage, wharfage and dockage, charterparties, marine insurance, seafarer’s employment, and collisions. Due to the multi-jurisdictional nature of shipping, the enforceability arbitration awards is also crucial as assets are often located in different jurisdictions.… Read More » 31 December 2022
Shipping, International Trade and Logistics Shipbuilding Contracts: Practical Issues and Considerations In very recent years, there has been an increase in the number of shipbuilding contracts for the first time following the 2008 financial crisis. Many vessels commissioned around the shipping boom of 2005 are now approaching middle age. The push for greener shipping (along with the incentives that follow) also provide an incentive for companies to invest in newer and greener vessels using new fuel technologies.… Read More » 31 December 2022
Shipping, International Trade and Logistics Looking At Singapore’s Pledges For COP27: Are You Ready? Looking At Singapore’s Pledges For COP27: Are You Read The shipping industry is responsible for 3% of all global greenhouse gas emissions, equivalent to what Germany emits annually. Yet, across the globe, almost all of shipping is currently still powered by burning fossil fuels including bunker fuel and marine diesel.… Read More » 2 December 2022
