Baltic & the Institute lecture: Maritime Markets and Arbitration

• Date Wednesday, February 10, 2021
• Venue ONLINE
• Duration 1 hour

Overview

Baltic Exchange and Institute of Chartered Shipbrokers are pleased to invite you to the third lecture of this series.We are looking at Maritime Markets and Arbitration in two different sessions delivered during the day, and you are welcome to join them both!

For the full list of date and topics please check our main Lectures page.

Maritime Markets and Arbitration

10th February 2021

We are delighted to announce the third lecture of our Baltic Exchange and Institute of Chartered Shipbrokers series.

Register here for the ASIA-Pacific

In our upcoming Baltic Exchange-Institute of Chartered Shipbrokers lecture, we are delighted to welcome both Punit Oza, Executive Director & Registrar of Singapore Chamber of Maritime Arbitration (SCMA) Lee Wai Pong, Principal of LWP.Sg Consultants to help unravel the drivers and decision making processes that sit behind maritime arbitrations and what changes are taking place in the world of maritime disputes.

The Singapore Chamber of Maritime Arbitration (SCMA) is a specialist arbitration institution for the resolution of maritime and international trade disputes. It is guided by its principal aim of providing a comprehensive set of non-administered arbitration rules with optional features. SCMA offers the maritime and international trade communities a neutral, cost-effective, and flexible framework to resolve their disputes fairly and expeditiously.

Speakers include:

Punit Oza, Executive Director & Registrar of Singapore Chamber of Maritime Arbitration (SCMA)

Lee Wai Pong, Scribe

Agenda:

15:00 - Introduction - Mark Ma, The Baltic Exchange

15:05 - Arbitration & Shipbrokers - In search of adding value to a deal - Punit Oza, SCMA

15:35 - SCRIBE: A tool for those in shipping used to resolve disputes - Lee Wai Pong, SCRIBE

15:45 - Q&A

Register here for EMEA-Americas

The Market and Maritime Arbitration - "A Recap and Some Possible Future Positions":

In our upcoming Baltic Exchange-Institute of Chartered Shipbrokers lecture, we're delighted to welcome both the President and Honorary Secretary of the London Maritime Arbitrators Association, to help us unravel the drivers and decision-making processes that sit behind maritime arbitrations and what changes are taking effect in the world of maritime disputes.

The LMAA was founded in 1960 on the trading floor of the Baltic Exchange from a list of Baltic approved arbitrators.  However, its roots stretch further back over 300 years to the early days of the Baltic marketplace. Maritime arbitration in London has since been the preferred and dominant mode for settling disputes worldwide and in 2019 LMAA arbitrators received around 3,000 appointments and dealt with around 1,750 cases from right across the maritime sector.

Hearings often include contributions from commercial market participants including: charterers, owners, brokers, traders, operators, and in this lecture we aim to also examine this pinch-point, where the market and maritime disputes come together. How are market participants involved, what are their responsibilities and what should they expect when involved in an arbitration or even a hearing?

Speakers include:

Bruce Harris, President, London Maritime Arbitrators Association

Daniella Horton, Honorary Secretary, London Maritime Arbitrators Association

Contact for Event

For more info about the series please feel free to email Eleonora Modde: e.modde@ics.org.uk