Dispute Resolution Clause 2016 - English Law, London Arbitration
17 October 2016Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
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Dispute Resolution Clause 2016 - US Law, New York Arbitration
17 October 2016Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
Dispute Resolution Clause 2016 - Singapore/English Law, Singapore Arbitration
17 October 2016Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
Dispute Resolution Clause 2016 - Law and Place of Arbitration as Mutually Agreed
17 October 2016Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
BIMCO adds Hong Kong to new shortened arbitration clause
06 October 2020The addition of Hong Kong as the fourth named arbitration option has prompted BIMCO to overhaul its law and arbitration clause. The new edition was approved for publication at the recent meeting of BIMCO’s Documentary Committee and is available to download from our website.
New BIMCO Law & Arbitration clause will clarify arbitration processes
26 June 2020If a contractual dispute escalates and one of the parties want to involve arbitrators, it is essential that notices of commencement of proceedings and the appointment of arbitrators are properly served to the right people. BIMCO’s new Law & Arbitration Clause will address these issues with a provision requiring parties to a contract to clearly identify who are authorised to receive arbitration notices and communication.
BIMCO panel turns spotlight on arbitration challenges and possibilities
14 March 2019BIMCO has hosted a panel session on arbitration in Shanghai to discuss current issues such as the future of arbitration centres, the impact of BREXIT, the impact from the emergence of China as a leading shipping nation and much more.
New BIMCO Law & Arbitration Clause under way
15 May 2020BIMCO has started work to develop a new Law & Arbitration Clause. The new clause will provide a short and “one size fits all” approach to dispute resolution, while adding Hong Kong as the fourth named arbitration venue. The addition of Hong Kong reflects its increased popularity as a centre for dispute resolution and that it is currently ranked among the top maritime arbitration centres in the world.
Alternative arbitration centres
19 June 2019BIMCO recognises that there is a growing number of newer maritime arbitration venues offering their services to the industry. To assist users who wish to resolve their disputes using arbitration services outside the main London, New York and Singapore venues, BIMCO has prepared a list of links to alternative arbitration centres where users can find out more information about these venues.
Law and Arbitration Clause 2020 New York
06 October 2020The Law and Arbitration Clause 2020 replaces the Dispute Resolution Clause 2017. There are versions available for four named arbitration venues – London, New York, Singapore and Hong Kong. The mediation provision found in earlier versions of this clause has been removed and made into a free standing clause that parties can incorporate by choice. The Law and Arbitration Clause 2020 consists of five short subclauses. Adopted 21 September 2020
