The Maritime Knowledge Shipping Session (MKSS) is a seminar co-organised by the SMF and the General Insurance Association of Singapore (GIA). On 29 July 2021, the online session was held and the theme “Project Cargo and Delay in Start-Up Trends in the South-East Asia (SEA) Region”. SMF Executive Director Tan Beng Tee opened the session.
Delays in the delivery of critical components to construction sites have a significant financial impact on construction projects. In these uncertain times, financiers and project owners are increasingly seeking financial protection. Consequently, there has been a growing interest in the Marine Delay in Start-Up (DSU) insurance.