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CHAPTER 26 Maritime arbitration, conciliation and recognition and enforcement of foreign arbitration awards and foreign judgments

Maritime Law and Practice in China

Page 330 CHAPTER 26 Maritime arbitration, conciliation and recognition and enforcement of foreign arbitration awards and foreign judgments Introduction 26.1 Maritime arbitration has a long history, which has developed in step with worldwide maritime trade. A large number of maritime disputes are referred to arbitration in London, of which a notable amount is administrated under the terms of the London Maritime Arbitrators Association. London, as one of world’s largest maritime disputes resolution centres, is a preferred choice for the seat of arbitration and is usually used as a standard choice in the major standard forms of charterparties and bills of lading.

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