Maritime Arbitration Disputes – Navigating The Seat Of Arbitration

Globally, the maritime industry is susceptible to disputes due to the technical nature of the industry. The maritime industry comprises various contractual relations and transactions, which sometimes result in disputes that require prompt resolution and ensure the timeous fulfilment of the contractual obligations of the parties and, essentially, timely delivery of the terms of the contract that gave rise to the parties' obligations.

In a bid to achieve timely delivery of the terms of the contract whenever a dispute arises, most maritime contracts provide for the settlement of disputes through arbitration due to the confidentiality, neutrality, and flexibility that it offers. Therefore, as a result of booming international trade and commerce between countries, involving the transportation of goods, people, and services through shipping, which requires the maintenance of shipping vessels, including the building and sale of maritime vessels and equipment assembled and