11 Arbitration Issues

11.01 Arbitration has long been favoured as a dispute resolution mechanism by parties to maritime contracts. There are a number of reasons for this. First, arbitration has a degree of flexibility as to the manner and time in which a dispute may be heard and resolved that is not always available in the court system. Secondly, there is the possibility of choosing an arbitrator with particular expertise in the subject matter of the dispute which may thereby result in a quicker and cheaper resolution of it, particularly if complex expert evidence can be avoided....