2016 | Septiembre 26
UK trade promotion body Maritime London has published an online booklet highlighting London’s pre-eminence as a centre of excellence for the resolution of international commercial and maritime disputes.
London is the currently venue of choice for the vast majority of international maritime arbitrations. In the five years from 2011 to 2015, it is estimated that approximately 17,650 appointments were made and in that same period, 3,000 awards were published by London maritime arbitrators. This however is undoubtedly a considerable underestimate since it only captures those in which full members of the LMAA participated as members of the tribunal and does not include those conducted by members of the Bar and others or LOF (Lloyd’s Open Forum) arbitrations.