Energy in Crisis: Navigating Maritime Disputes Through Arbitration
Global energy instability continues to strain supply chains, freight markets and contractual performance across the maritime industry. The disputes that follow geopolitical crises sanctions, force majeure, price volatility, operational disruption have grown correspondingly complex. What roles do contractual clauses, insurance and arbitration play?
Those pressures were the focus of “Energy in Crisis: Navigating Maritime Disputes Through Arbitration”, a seminar organised by the Singapore Chamber of Maritime Arbitration (SCMA) as part of Singapore Convention Week and hosted by WongPartnership LLP. The programme opened with a presentation on the crisis in the Strait of Hormuz and its impact on energy supply, trade and supply chains, before turning to a panel discussion on the disputes emerging from the global energy crisis, the dispute resolution strategies open to parties, and how arbitration can address such disputes effectively.
Managing Director Ian Teo moderated the panel discussion. He was joined by Ms Kaili Ang, Senior Lawyer, South East Asia at Gard; Mr Rupert Banks, Head of Specialty Claims – Asia Pacific and P&I Claims Director – North Asia Pacific Lead at NorthStandard; Mr Dirk M Janssen, independent arbitrator; and Koh Swee Yen, SC, Partner at WongPartnership LLP. The earlier presentation was delivered by Mr Daniel Oehling, Managing Director and Partner at Boston Consulting Group.
For owners, charterers, traders and insurers, the question is not whether energy disruption will generate disputes, but how and where they are resolved. Sanctions, force majeure and price adjustment clauses are worth reviewing now, not when a claim has crystallised.
For further enquiries, please contact:
Ian Teo at ian.teo@helmsmanlaw.com
For media enquiries:
Marisa Tse at marisa.tse@helmsmanlaw.com
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