The role of arbitration in shipping law /
edited by Miriam Goldby, Loukas Mistelis.
- Oxford, United Kingdom : Oxford University Press, c2016.
- xxv, 295 p. : ill. ; 26 cm.
"This new work... is based on papers presented at the inaugural International Shipping Law Roundtable organized by the CCLS in 2014"--Page v.
Includes bibliographical references and index.
Part 1. How practices become norms : the continued development of shipping law -- Part 2. To arbitrate or not to arbitrate? the grey area of contracts of carriage -- Part 3. Where to arbitrate? distinctive features of maritime arbitral seats -- Part 4. The role of arbitrators in the development of shipping law -- Index.
The financial crisis of 2007-08 saw a marked increase in global shipping disputes that is still being felt today. In recent decades, arbitration has emerged as the dominant choice of dispute resolution in the global shipping industry, with the establishment of major maritime arbitration centres in London and New York, and the recent emergence of new centres such as Singapore and China. At the same time, the immense advances that have been made and continue to be made in engineering, technology, and communications have led to the emergence of innumerable new trade practices, common understandings, and usages within which goods are carried by sea across the world, but which, because of the widespread use of alternative fora for dispute resolution, may be invisible to and unrecognized by domestic laws. This book asks: What are the implications of widespread use of arbitration for the continued development of shipping law? Are national laws on shipping destined to become ossified and obsolete? Is a new lex maritima emerging? And, most importantly, what is the role of the arbitral process in the evolution of shipping law? --Book jacket.
9780198757948 (hbk)
International commercial arbitration. Maritime law.