Master-Class named International Commercial Arbitration in Maritime Shipping

International Law Offices and Odessa National Maritime Academy organized a Master-Class named International Commercial Arbitration in Maritime Shipping for the senior students of the Maritime Law and Management Department on 11 March 2010

 

Organizers of the master class were:

 

• ONMA, Maritime Law and Management Department

 

• International Law Offices

 

• Under support of the Nautical Institute of Ukraine

 

The master class International Commercial Arbitration in Maritime Shipping was conducted by the moderators Natalia Myroshnychenko and Karina Gorovaya, lawyers of International Law Offices.

 

In the course of the master class there were discussed the issues related to the types of arbitration and efficiency of the commercial arbitration when settling maritime disputes. There were also considered and compared procedures for international arbitration, namely, those ones of the London Maritime Arbitrators Association (LMAA) and the German Maritime Arbitration Association (GMAA). Moderators carried out a comparative analysis and dwelled upon advantages of the case hearing in LMAA over the other arbitration institutes and hearing of cases in economic courts. Moderators went into detail on the Regulations of the LMAA, types of the arbitration procedures, underlined the necessity of the arbitration clause entering into the contracts and its correct wording. Besides, there were touched upon the issues of procedure and terms for enforcement of the foreign awards in Ukraine and abroad.  

 

As usually, the master class was interspersed with practical examples based upon the cases pending in the LMAA.

 

The students showed high interest during the master class. Numerous questions were addressed to the moderators. It should be noted that the level of the students training gave the possibility to hold the master class in the atmosphere of a vivid communication and understanding of the essence. {BR}{BR} International Law Offices thanks administration of Odessa National Maritime Academy, Dean of the Maritime Law and Management Department, Inna Boyko, and the Nautical Institute of Ukraine for assistance in organizing of such master classes.

 

We remind that the cooperation programme of ONMA and International Law Offices having started in 2009, stipulates 3 other master classes in 2010:

 

 International Commercial Arbitration in Maritime Shipping was the 1st master class in 2010; next mast class Demurrage and Lay Time Calculation will be in April.

 

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