Singapore, 28 January 2011 –The launch of the Singapore Ship Sale Form (SSF) by the Singapore Maritime Foundation (SMF) on 6 January 2011 is in response to the Singapore maritime community’s call for an alternative form that would cater to their needs, in view of increasing maritime activities and maritime arbitration cases in Asia.

The strong tripartite partnership between the government, the maritime players and the associations is a unique strength of the Singapore maritime sector. As the representative voice for the maritime community, SMF is constantly working hand-in-hand with the maritime community, both in the public and private sector, to formulate new initiatives that would be beneficial to the maritime partners.

In 2008, SMF commissioned the Centre of Maritime Studies of the National University of Singapore (NUS) to embark on the research and drafting of a new ship sale form that would enhance the current ship sale and purchase practices and procedures in view of regulatory developments. Through this partnership, SMF hoped to formulate a form that would minimise ambiguities through its clearly written clauses and reduce the number of changes that need to be made in the standard form.

The Singapore Ship Sale Form is now ready for use and an explanatory session to present the form to the maritime community will be organised by the Singapore Shipping Association (SSA) and the Singapore Maritime Foundation (SMF). The details of the seminar are as follows:

Date: Friday, 28 January 2011
Time: 9.30 am to 12.30 pm
Venue: Marina Mandarin Singapore, Vanda Ballroom, Level 5

The session is expected to be highly interactive and aims to clarify questions regarding the use of the form and its features for an audience comprising senior management level participants who are directly involved in ship sale. The participants should preferably be shipbrokers, shipping lawyers, shipowners, shipmanagers and shipping agents.

Registration for this seminar is free. Please note that priority will be given to the first two registrants per company. Additional registrants from the same company will be put on a waiting list, pending availability of seats after the deadline. Places are limited and a confirmation will be provided to attendees for the seminar.

Please complete the attached registration form and send it back via email at [email protected] or fax to 63254050 latest by Friday 21 January 2011.

For further enquiries on this seminar, please contact the SSA Secretariat at 6222 5238 or the SMF office at 6325 0225.

  • About Singapore Maritime Foundation

    The Singapore Maritime Foundation (SMF) was established on 27 January 2004 to facilitate dialogue and cooperation among maritime stakeholders from the public and private sectors. As the bridge between the public and private sectors, SMF aims to provide the industry with a clear and representative voice, and spearhead projects to boost its development.

    SMF also organises and participates in a host of maritime events to strengthen the Maritime Singapore brand. To date, SMF has significantly benefitted from strong support from all sectors of the industry which has enabled the organisation to reach out directly to the community for new areas of work to improve the current maritime ecosystem.

    For details, please visit www.smf.com.sg.

Media Contacts
  • Singapore Maritime Foundation

    Wilson Tan
    (65) 6325 4050