The LMAA (London Maritime Arbitrators Association) is an association of practising maritime arbitrators founded in 1960. The association promotes the adjudication of maritime disputes through ad hoc arbitration in London. To this end, the LMAA has developed a set of arbitration rules and regularly updates the same to reflect recent practice, administers a list of arbitrators and promotes their qualifications. In this article, you will learn about the process and cost of arbitration under the LMAA rules, as well as how to effectively enforce the resulting arbitration award - https://fortiorlaw.com/news/lmaa-arbitration/ LMAA arbitration most often deals with disputes under charter agreements, bills of lading, contracts for the sale and purchase of ships, marine insurance, disputes in the offshore and oil and gas industries.
