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The fund is obliged to pay victims of pollution when damages exceed the shipowner's liability, when there is no liable shipowner, or when the shipowner is unable to pay its liability. [2] The fund is also required to "indemnify the shipowner or his insurer" in spills where a ship is in full compliance with international conventions, and no ...
Singapore Executive Expeditions formed in 2005 to provide cross-cultural exposure to executives within the framework of an overseas expedition. Expeditions are held in environments of selected locations to give first-hand appreciation of the cultural heritage , political and social realities and the challenges of international development work.
MPA harbour launch in the Johor Strait near Pulau Ubin. The Maritime and Port Authority of Singapore (MPA) was established on 2 February 1996 by the MPA Act of 1996 through the merger of the Marine Department (which was under the then Ministry of Communications), National Maritime Board and the Regulatory departments of the former Port of Singapore Authority (PSA).
It is published by the Shipbuilders’ Association of Japan in January 1974 and the framework of this form is commonly used in South Korea, China, Singapore and Taiwan. AWES Form It is the standard shipbuilding contract of the Association of European Shipbuilders and Shiprepairers which revised and reissued in May 1999.
The purpose of IFSMA is to bring the Shipmasters' views on matters of marine safety, maritime security and protection of the marine environment to recognition at the required level and, at the same time, to forge a more exclusive and professional status for Shipmasters, one based upon their professional responsibility toward both shipowners and ...
Temasek Foundation International is a Singapore-based non-profit organisation under the philanthropic arm of the Singapore state sovereign fund Temasek Holdings.Temasek has established 17 endowments since 1974, focused on promoting social and cultural interaction, education, and aid for the disadvantaged in Asia.
A shipowner, ship owner or ship-owner is the owner of a ship.They can be merchant vessels involved in the shipping industry or non commercially owned. In the commercial sense of the term, a shipowner is someone who equips and exploits a ship, usually for delivering cargo at a certain freight rate, either as a per freight rate (given price for the transport of a certain cargo between two given ...
GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves.Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, from which the acronym "GIC" is derived, its mission is to preserve and enhance the international purchasing power of the reserves, with the aim to achieve good long-term returns above ...