News

Shipping & Marine

Staff Reporter

, Singapore

Published:

1 year ago

SCMA, SICC

SCMA, SICC enhance S'pore's maritime trade arbitrations

SCMA designates SICC as the supervisory court to hear IAA-related applications.

Singapore Chamber of Maritime Arbitration (SCMA) introduces a jurisdiction model clause where parties designate the Singapore International Commercial Court (SICC) as the supervisory court to hear IAA-related applications.

This is due to SICC’s growing reputation for effective adjudication of applications on international commercial arbitrations.

This collaboration between SCMA and SICC is expected to further enhance Singapore's position as a leading hub for maritime and international trade arbitrations.

“Singapore is a global legal hub that offers the full suite of dispute resolution services. With the SICC Jurisdiction Model Clause, the same menu of services is now offered to users of the SCMA arbitration rules that are specially tailored for the maritime and international trade industries,” Chao Hick Tin SC, Chairman of the SCMA said.

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