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SINGAPORE SHIPPING FORUM 2021: SHIPPING - POST-PANDEMIC - OVERVIEW OF THE SHIPPING INDUSTRY

As part of the key topics in the 2021 Singapore Shipping Forum: Shipping - Post Pandemic, Mr. Chris Johnson, Senior Partner and Head of Shipping at Moore Stephens Singapore, provided an introduction to the forum topics by touching briefly on the expected rebound of economic activity in the coming months, the outstanding performance of the dry bulk and containership sectors in the past quarter, and the huge expected cost of decarbonisation to the shipping industry....   

SINGAPORE - A MAJOR MARITIME HUB

Singapore does not operate a tonnage tax system. Instead, it adopts a liberal shipping policy which encourages companies to both register their ships in Singapore and also to locate their shipping and marine-related business in Singapore...

CONTRACTUAL AND LEGAL PROTECTION UNDER COVID-19

As COVID-19 escalates across the globe, governments have scrambled to institute emergency economic measures to safeguard businesses and livelihoods. This includes usual measures within the budgetary arsenal including tax relief, grants, and government loans. However, one of the less usual measures introduced in this economic crisis, are regulatory measures to provide relief from legal and contractual obligations. This article considers the potential impact of these measures.

TOP BUSINESS CONSIDERATIONS EMERGING FROM COVID-19

The emergence of COVID-19 has provided an awakening call for much of the business world. With nearly 3 billion people around the globe under COVID-19 lockdowns, many businesses in the world are experiencing unprecedented business challenges.