What types of dispute are arbitrated by LMAA arbitrators?
LMAA arbitrators most commonly find themselves dealing with charterparty disputes of all kinds. They are also called on to deal with other commercial shipping disputes such as cargo claims under bills of lading, matters concerning contracts of affreightment, ship sale, shipbuilding and ship repair cases, and insurance. The offshore and oil and gas industries increasingly give rise to disputes which come to LMAA arbitrators. LMAA arbitration is not, however, generally used for “wet” cases, i.e. collision and salvage matters. These tend to be dealt with by specialist Admiralty barristers acting as arbitrators.