SCMA-ICS Webinar

Organizer Name
Singapore Chamber of Maritime Arbitration (SCMA) & Institute of Chartered Shipbrokers (ICS) Singapore Branch
Date
04/08/2020
Time
4:00 am
Location
Online Event
Registration
Public event, registration required

For this joint webinar, SCMA and Institute of Chartered Shipbrokers (ICS) Singapore brought together representatives from ship and cargo owners, and the legal industry, to discuss how arbitration can help parties resolve disputes amicably and maintain commercial relationships.

In commercial maritime disputes, a party often tries to “settle” the matter and in quite a few cases, either agree on an unfavourable settlement, even if they have a strong case or consider the financial and relationship costs of commencing arbitration as significant deterrents. There is a perception among the commercial maritime community that commencing an arbitration means the end of the relationship with the counterparty. Is this a correct perception or a misconception? Participants had the chance to hear from the actual business and legal professionals involved in the process.

This webinar explored the idea that commercial disputes are part and parcel of doing business. If resolved through arbitration in a cost-effective, efficient and fair manner, parties may achieve closure on their disputes and move on with future business dealings with each other.

Opening Remarks by:
• Capt. Subhangshu Dutt, Chairman, ICS Singapore Branch

Panelists:
• Jaimie McBain, Director, Oldendorff Carriers (Singapore) Pte Ltd & Member of SCMA Users Council
• Capt. Jaspreet Chhabra, Global Freight Operations Manager, Louis Dreyfus Company Freight Asia Pte Ltd & ICS SG Exco Member
• John Simpson, Partner, Stephenson Harwood & SCMA Board Member
• Prem Gurbani, Arbitrator, Mediator and Counsel & Panel Arbitrator of SCMA

Moderator:
• Punit Oza, Executive Director, SCMA & Vice-Chairman, ICS Singapore Branch

About the Organizer

Singapore Chamber of Maritime Arbitration

Established in 2004 and reconstituted as an independent institution in 2009, the Singapore Chamber of Maritime Arbitration (SCMA) aims to be the seat of choice for global maritime and international trade arbitration.

SCMA provides an arbitration framework that is responsive to the needs of maritime and trading users. Together with SCMA’s specialised Panel of Arbitrators, SCMA offers the maritime and international trade communities a cost effective, flexible and neutral approach to resolve disputes fairly and expeditiously.

Institute of Chartered Shipbrokers (ICS) Singapore Branch

As a major provider of education and training, the Institute of Chartered Shipbrokers (ICS) sets and examines the syllabus for membership, providing the shipping industry with highly qualified professionals. ICS is the only internationally recognised professional body in the maritime arena and it represents shipbrokers, ship managers and agents throughout the world.

With 25 branches in key shipping areas, 4000 individuals and 120 company members, the Institute’s membership represent a commitment to maintaining the highest professional standards across the shipping industry. Founded in 1911, the Institute was awarded a Royal Charter in 1920. The Charter was amended in 1984 to open the member companies and non-British subjects. As a result, the Institute is now truly international and provides a great deal of opportunity for networking.

Past Events

Inaugural MSC Maritime Digital Challenge Grand Finals Prize Presentation

Over 129 tertiary students across 35 teams took part in the inaugural MSC Maritime Digital Challenge that seeks to plug Singapore students with a passion for technology into the maritime industry.
Students from the Singapore Management University and Nanyang Polytechnic were announced as winners of the challenges posed by Eastport Maritime, Kanda and Torvald Klaveness at the Prize Presentation held on 13 November 2021.

MSC Maritime Digital Challenge 2021

Three challenge statements, 35 teams, 129 students and 12 finalist teams from 4 universities & 3 polytechnics. Catch behind-the-scene highlights of the MSC Maritime Digital Challenge 2021.

Singapore Maritime Foundation | MSC Maritime Digital Challenge 2021

Catch highlights of the MSC Maritime Digital Challenge 2021. We thank Senior Minister of State, Ministry of Transport Mr. Chee Hong Tat for being our Guest-of-Honour at the event.

SMF New Year Conversations 2022: Year-in-Perspective Video

The past two years of learning to live with Covid-19 has been challenging, but Maritime Singapore has remained resilient. What are the fundamental tenets that attract companies to anchor their business in Singapore and grow their operations here? And what more can be done to leverage on Singapore’s strengths to enhance its attractiveness as a global business hub for maritime companies? How will the Singapore Maritime Foundation organize its work around Connectivity, Innovation and Talent to strengthen the maritime ecosystem? Find out in this Year-in-Perspective video.

SMF New Year Conversations 2022: Opportunities Amid Disruptions

The 2022 SMF New Year Conversations that took place on 13 January 2022 was graced by Guest-of-Honour Mr S Iswaran, Minister for Transport & Minister-in-charge of Trade Relations. Over 250 industry leaders across the breadth of maritime attended physically and virtually.
Singapore was announced to have secured the overall top spot as an international maritime centre for the fifth consecutive time in the DNV-Menon Leading Maritime Cities 2022 report.
Thank you to our industry partners for your strong support.

Mr. Lars Kastrup

CHIEF EXECUTIVE OFFICER, PACIFIC INTERNATIONAL LINES

Mr. Lars Kastrup is the Chief Executive Officer of Pacific International Lines (Pte) Ltd (PIL).

Prior to joining PIL, Mr. Kastrup was CEO of NOL/APL, and subsequently assumed the role of Executive Vice President, Strategy and M&A at CMA CGM Group. A veteran in the global shipping industry with over 30 years of experience, Mr Kastrup’s other roles include Executive Vice President of Assets at CMA CGM Group heading up CMA Terminals, CMA Ships, Container Logistics as well as regional carriers such as MacAndrews, OPDR and Mercosul; as well as Vice President at AP Moller-Maersk.
Mr. Kastrup complemented his tertiary education with leadership and management training at Penn State University and The Wharton School at the University of Pennsylvania.

Ms. Angeline Teo

MANAGING DIRECTOR & HEAD, GLOBAL TRANSPORTATION & OFFSHORE, OCBC BANK

Ms. Angeline Teo is the Managing Director and Head of Global Transportation and Offshore, Global Corporate Banking at OCBC Bank which focuses on the maritime, aviation, land & port ecosystems.
Ms. Teo has spent over three decades in maritime finance. Prior to OCBC, Ms. Teo was working at ING Bank, ABN Amro and DnB in Singapore focusing on maritime and offshore.
Ms. Teo graduated from the National University of Singapore with a degree in Business Administration.

Mr. John Martin

CHIEF EXECUTIVE OFFICER, GARD SINGAPORE

Mr. John Martin began his career in London in 1989 with Richards Hogg Lindley Average Adjusters, and qualified as a Fellow of the UK Association of Average Adjusters in 2000.
At RHL he worked in their offices in Australia, Taiwan and Hong Kong. In 2003 he joined Gard Hong Kong, as a claims handler. Mr. Martin also worked in Gard Japan, and in 2014 he moved to Singapore to set up the Gard Singapore office.
Besides running Gard Singapore, Mr. Martin also heads the P&I and H&M claims units and is the Senior Claims Representative for Gard in Asia.

Mr. Cyril Ducau

CHIEF EXECUTIVE OFFICER, EASTERN PACIFIC SHIPPING

Mr. Cyril Ducau is the Chief Executive Officer of Eastern Pacific Shipping Pte Ltd, a leading shipping company headquartered in Singapore for the past 30 years.

He is also currently the Chairman of Kenon Holdings Ltd and a member of the board of directors of Gard P&I (Bermuda) Ltd. and of the Global Centre for Maritime Decarbonisation Limited, which was established by the Maritime and Port Authority of Singapore. He was previously Head of Business Development of Quantum Pacific Advisory Limited in London from 2008 to 2012 and acted as Director and Chairman of Pacific Drilling SA between 2011 and 2018.
Prior to joining Quantum Pacific Advisory Limited, Mr. Ducau was Vice President in the Investment Banking Division of Morgan Stanley & Co. International Ltd. in London between 2000 and 2008.
Mr. Ducau graduated from ESCP Europe Business School (Paris, Oxford, Berlin) and holds a Master of Science in business administration and a Diplom Kaufmann.