London Maritime Arbitrators Association meaning

In this issue: Institutional and ad hoc arbitration International arbitration Other arbitration and ADR-related news and developments New and updated content Useful information Daily and weekly news alerts Institutional and ad hoc arbitration CEPANI—revised Arbitration Rules announced The Belgian Centre for Arbitration and Mediation (CEPANI) has confirmed that its Board has approved updated CEPANI Arbitration Rules, coming into force on 1 June 2026. The 2026 Rules deliver a simplified framework attuned to the digitalisation of arbitral practice, enabling fully electronic case management, with express provisions for virtual hearings, digital submissions and electronic execution of arbitral awards. Provisions addressing multiparty proceedings have also been clarified. The objective is to ensure the CEPANI rule set meets user expectations for a modern, clear and efficient dispute resolution process. See: LNB News 14/04/2026 14. LMAA—2025 caseload statistics The London Maritime Arbitrators Association (LMAA) has released its 2025 caseload figures. LMAA arbitrators recorded 3,469 new appointments under the LMAA Terms...

The London Maritime Arbitrators Association (LMAA) Terms 2021 (the Terms) take effect for arbitrations commenced on or after 1 May 2021, provided the parties have agreed that they apply. Where an arbitration proceeds under the Terms and makes no specific provision for appointing the arbitral tribunal, the default position set out in the Terms will govern the appointment process. Number of arbitrators Paragraph 2(c) gives an inclusive meaning to ‘tribunal’, encompassing: a sole arbitrator a tribunal of two or more arbitrators an umpire In contrast with the Arbitration Act 1996 (AA 1996), where the Terms are referred to but no agreement is expressed as to the composition of the tribunal, the default position is that the tribunal shall comprise three arbitrators (paragraph 8(a) of the Terms)...

Arbitration clauses Arbitration clauses stipulate that disputes are resolved by a designated arbitral tribunal appointed for the purpose, and may feature in both domestic and cross‑border matters. Arbitration may proceed on an ad hoc footing—following a chosen set of rules, for example the London Maritime Arbitrators Association (LMAA) Terms, and/or the applicable national arbitration statute—or be administered by an arbitral institution, ordinarily in accordance with that institution’s own procedural rules. A broad range of institutional rulebooks is available for incorporation into arbitration agreements; prominent options include, in particular, the International Chamber of Commerce’s ICC Rules and the London Court of International Arbitration’s LCIA Rules. By way of illustration, this Practice Note, applying the law of England and Wales, considers the LCIA’s recommended arbitration clause for future disputes arising, while noting that the points raised may equally bear on other institutional arbitration clauses...

The London Maritime Arbitrators Association (LMAA) Terms 2021 (the Terms) Where the parties agree, the London Maritime Arbitrators Association (LMAA) Terms 2021 (the Terms) govern arbitrations commenced on or after 1 May 2021. These Terms replaced the LMAA Terms 2017, which applied to references started between 1 May 2017 and 30 April 2021. If an arbitration agreement stipulates arbitration under the Terms, parties should ensure the procedural route is clearly understood. Second Schedule: the principal source of guidance on LMAA arbitral procedure. Body of the Terms: the tribunal’s procedural powers, especially paragraphs 15, 16 and 17. Sixth Schedule: additional guidance addressing the conduct of virtual and semi-virtual hearings. Fourth Schedule: guidelines aimed at enhancing the efficiency and cost effectiveness of LMAA arbitration. Taken together, these provisions set out how proceedings under the Terms should be conducted...