Maritime Risk International
A review of the revised LMAA Terms
Fiona Cain, of Haynes and Boone CDG, takes a look at the latest London Maritime Arbitrators Association terms
The London Maritime Arbitrators Association (LMAA) has recently published revised Terms and Procedures. These came into effect
on 1 May 2021 and apply to maritime arbitrations commenced after that date where members of the tribunal accept appointment
subject to the LMAA Terms. This article looks at the key changes introduced by the LMAA Terms 2021.