Singapore has long been one of Asia's leading hubs for international trade. Both its courts and renowned arbitration centres (SIAC and SCMA) are popular choices for dispute resolution in the sector.
Commodities disputes are often time-sensitive and require an understanding of the commodity involved. We have acted for and against traders of oil and gas, metals, grain, fabrics, and electronic components, and s of credit, trade finance fraud, and trade insurance.
Our lawyers' recent experience in this sector includes:
- Representing a Japanese trading company in making recoveries under a trade insurance policy covering losses arising out of the sale of plastics to Russian and Chinese buyers
- Obtaining a SIAC award for a UAE coal trading company in respect of claims under contracts for the sale, purchase and shipment of coal from Indonesia to India
- Advising a Japanese metals trading company in connection with a long-standing agreement to purchase copper base bars containing precious metals from electronic waste, including allegations of fraud relating to the sampling process
- Representing a Singapore-listed company in arbitration concerning back-to-back trading of biodiesel fuel, including complex fraud allegations relating to shipping documents and requiring expert evidence on trade finance and Chinese customs laws.