Singapore Arbitration in the Maritime Sector
With the launch of the Singapore Ship Sale Form and the recent developments to the widely-used standard maritime forms, Singapore is well-positioned to continue to gain traction as one of the leading seats of arbitration for the global maritime community.
- Case Study
Direct Sale of an Arrested Ship: Is It Over?
When the Singapore Admiralty Court orders the judicial sale of an arrested ship, it may do so either by way of public auction or private treaty, although the latter mode of sale has rarely been used, if at all. In the last 15 years or so, a third mode of sale has arisen in the Courts, not just of Singapore, but also in other jurisdictions such as the United Kingdom, Malta and Gibraltar – this is the direct sale to a named party at a specified price.