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Arbitration

Maritime arbitration is a preferred method for resolving shipping disputes without going to court.

📌 Common Maritime Disputes:

  • Charter party disputes

  • Cargo loss or damage

  • Shipbuilding and repair contracts

  • Salvage and collision claims

  • Bunker and freight disputes

⚖️ Key Features:

  • Handled by maritime experts

  • Faster and confidential

  • Decisions (awards) are legally binding

  • Internationally enforceable

🌍 Major Maritime Arbitration Centers:

  • LMAA – London Maritime Arbitrators Association

  • SCMA – Singapore Chamber of Maritime Arbitration

  • HKIAC – Hong Kong International Arbitration Centre

✅ Importance:

Maritime arbitration ensures efficient, expert, and fair resolution of international shipping disputes.

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