Japanese Law and Arbitration Clause


Japanese Law and Arbitration Clause

This Charter Party shall be governed by Japanese Law. Any dispute arising from this Charter Party shall be referred to arbitration held in Tokyo by the Tokyo Maritime Arbitration Commission (TOMAC) of The Japan Shipping Exchange, Inc. in accordance with the Rules of TOMAC and any amendment thereto, and the award given by the arbitrators shall be final and binding on both parties.

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