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Part III Where to Arbitrate? Distinctive Features of Maritime Arbitral Seats, 8 Competition of Arbitral Seats in Attracting International Maritime Arbitration Disputes

Loukas Mistelis

From: The Role of Arbitration in Shipping Law

Edited By: Miriam Goldby, Loukas Mistelis

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 23 October 2020

Subject(s):
Arbitrators — Statehood, jurisdiction of states, organs of states

This chapter examines the competition among arbitral seats in attracting maritime disputes. It first explores why certain seats are selected as a matter of general arbitration law and practice. It then discusses some key arbitral seats for the settlement of maritime disputes. It shows that there is a large concentration of cases in certain centres, where a number of well-known arbitral associations are established and the local courts and local laws are prepared to support the process. Although the key maritime arbitration centres do not necessarily coincide with the main commercial arbitration centres (with the exception of London, New York, and Singapore), the criteria for selection of key seats in maritime arbitration appear to be the same those used in commercial arbitration. The high number of maritime arbitration cases in the main maritime arbitration seats has also contributed to the development of arbitration law and jurisprudence in these jurisdictions.

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