The setting up of the local users council is an effort by SCMA to have greater level of engagement with the maritime industry and further promote the use of arbitration through the chamber.
The 18 member council comprises shipowners, charterers, cargo owners, brokers, P&I Clubs, underwriters and offshore companies. Some seven of the members are shipowners including BW Group, Torvald Klaveness, Oldendorff Carriers and Thenamaris Singapore.
Punit Oza, recently appointed as executive director of SCMA, is keen have a greater input from the industry at large, himself coming from a shipowning background at Klaveness.
Nicholas Fell, general counsel and executive vice president of the BW Group and a member of the council said, “My expectation is that the SCMA will become the arbitration institution of choice for those around the globe who need their maritime, trade, and commercial disputes resolved in an efficient and expert manner.
“I would expect my participation in the Local Users Council will help foster the promotion of the SCMA in Asia and around the world, and to facilitate the further development of best in class, user-friendly, and modern rules.”
On the formation of the new council Oza said: “In light of Covic-19, we need robust and dynamic dispute resolution mechanisms to serve the industry as parties seek to wade through unchartered waters. The maritime industry is no exception and at SCMA, we need to understand and respond to the upcoming needs of the maritime industry. I believe that the extensive experience, industry insights and active contribution of the council members will be vital in extending SCMA’s outreach to the maritime community.”
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