London arbitrators see sharp rise in case levels
SEVERAL of London’s maritime arbitrators have closed their appointment books, as others conduct hearings at weekends to cope with what industry leaders said would be a “substantial increase” in business for 2009.
The London Maritime Arbitrators’ Association (LMAA) has reported that disputes relating to shipbuilding, contracts of affreightment, unpaid hire and repudiatory breaches under time charters have dominated members’ workload this year.
Association spokesman and maritime arbitrator Simon Gault indicated that the...
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