Singapore maritime arbitration aims to be go-to venue for shipping users in Asia
Despite a Covid-challenged year, the Singapore Chamber of Maritime Arbitration (SCMA) took on a heavier caseload last year, and is forging ahead to be the go-to destination for maritime and trade users based in Asia.
It was a year when hearings went digital and new linkages were forged, said the chairman of SCMA, Justice Chao Hick Tin.
“With Singapore growing into a leading maritime and arbitration centre, its key users have also grown across the region. SCMA’s new vision – to become the leading maritime arbitration centre in Asia – reflects this new reality,” added Justice Chao in SCMA’s 2020 Annual Review released last week.
SCMA registered 43 case references in 2020 involving a total claim sum of US$49.37 million (S$65.84 million), with over half the disputants coming from Asia.- ST
SINGAPORE (The Straits Times/ANN): Despite a Covid-challenged year, the Singapore Chamber of Maritime Arbitration (SCMA) took on a heavier caseload last year, and is forging ahead to be the go-to destination for maritime and trade users based in Asia.
It was a year when hearings went digital and new linkages were forged, said the chairman of SCMA, Justice Chao Hick Tin. With Singapore growing into a leading maritime and arbitration centre, its key users have also grown across the region. SCMA s new vision to become the leading maritime arbitration centre in Asia reflects this new reality, added Justice Chao in SCMA s 2020 Annual Review released last week.
SINGAPORE - Despite a Covid-challenged year, the Singapore Chamber of Maritime Arbitration (SCMA) took on a heavier caseload last year, and is forging ahead to be the go-to destination for maritime and trade users based in Asia.. Read more at straitstimes.com.