Presently, more than 40% of the world’s shipping tonnage is owned or controlled by Asian interests. Asia is expected to gain in prominence in shipping. Singapore, as an international maritime centre, is well positioned to meet the need for dispute resolution services in Asia.

• Independent neutral third-country venue
• Party to New York Convention - Singapore arbitration awards are enforceable in almost any country of the world
• Strong tradition of the rule of law
• Maximum judicial support of arbitration, minimum intervention
• Freedom of choice of counsel in arbitration proceedings
• Competent arbitration professionals - lawyers, arbitrators and experts
• Excellent support facilities and services
• Confidentiality of arbitration proceedings is fully protected by law
• The International Arbitration Act (Cap143A) applies under the SCMA Rules if the juridical seat is Singapore. The IAA applies the UNCITRAL Model law, with some modifications.

Please click here for an Overview of the International Arbitration Act.