Maritime Partnerships Celebrated at the Singapore Nite @ Nor-Shipping Event in Norway Graced by Singapore’s Minister for Transport and Second Minister for Defence Mr Lui Tuck Yew
Singapore, 5 June 2015 – Over 400 senior maritime personalities from around the world gathered at the Singapore Nite evening reception at the Continental Hotel in Oslo, Norway on 3 June 2015. Singapore’s Minister for Transport and Second Minister for Defence, Mr Lui Tuck Yew, was the Guest-of-Honour for the event organised as part of Nor-Shipping 2015. Mr Otto G. Tidemand, Honorary Consul-General of the Republic of Singapore in Norway, was also in attendance.
In his welcome address, Mr Michael Chia, Chairman of the Singapore Maritime Foundation (SMF), made mention of the sizable Norwegian maritime community in Singapore, with many of the over 250 Norwegian companies focused on the maritime and offshore business.
In relation to SMF’s role of working in partnership with the maritime business community and the Singapore Government to grow Singapore as an international maritime centre, he cited the Singapore Ship Sale Form (SSF) as an example of such an initiative. Endorsed by the Federation of ASEAN Shipowners’ Associations, and strongly supported by the Asian Shipowners’ Forum, the SSF features clearly defined clauses that are reflective of current sale and purchase (S&P) practices. This reduces the number of changes that would need to be made to a standard form, thereby saving time and costs for both seller and buyer. He said that the Form had been gaining momentum since its launch, with over 200 known S&P transactions to date.
He further updated that SMF was in the midst of garnering support from the maritime community for the SSF to be listed on BIMCO’s Charter Party Editor IDEA2 for the ease of editing and assurance of authenticity. Thus far, a number of BIMCO members and some of the major ship owners, managers and brokers, had signed a petition to show their support that the inclusion of the SSF on BIMCO’s Charter Party Editor would be a welcomed move. Mr Chia urged those present to consider lending their support too.
Held from 2 to 5 June 2015, Nor-Shipping 2015 is one of the major mega-maritime shows in the global maritime calendar. The Singapore Nite evening reception is traditionally organised by SMF as part of Nor-Shipping. Chicken rice, chilli crab and
laksa were amongst some of the local delicacies prepared by a team of chefs specially flown in from Singapore this year.
The event is also a platform for the global maritime community to network with the Singapore Pavilion exhibitors at Nor-Shipping. SMF and its organising partner, the Association of Singapore Marine Industries (ASMI), brought together a total of 13 exhibitors under the Singapore Pavilion for Nor-Shipping 2015 to showcase the maritime services and expertise which Singapore could offer to the world.
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.
Singapore Maritime Foundation
(65) 6325 0227