Description

Maritime arbitration is a specialized form of arbitration that focuses on resolving disputes related to maritime activities and international trade involving ships and shipping. It’s a crucial mechanism for handling conflicts in the global shipping industry, encompassing issues like charter parties, bills of lading, cargo claims, collisions, and more.

Here’s a more detailed look:

What it is: Maritime arbitration is essentially a private method of dispute resolution for parties involved in maritime-related contracts and transactions. It offers a more flexible and potentially faster way to resolve disputes compared to traditional court litigation.

Key Areas: Maritime arbitration covers a wide range of issues, including: