CONTACT BIMCO
Christian Hoppe
General Counsel
Copenhagen, Denmark
- +45 4436 6872
- contracts@bimco.org
Please select a reason for contacting BIMCO from the list above to find the best contact number
Reduce the duration and costs of disputes with BIMCO’s new Mediation/Alternative Dispute Resolution Clause
Published: 20 December 2021
BIMCO has developed a new Mediation/Alternative Dispute Resolution Clause 2021. The clause promotes and facilitates the use of alternative dispute resolution (ADR).
“The intention of BIMCO and the subcommittee in drafting the clause has been to give commercial parties a suite of options to solve disputes amicably at an early stage which can help them to operate their contracts sensibly, maintain their commercial relationship and save valuable management time and legal costs,” says Simon Spark, acting Deputy General Counsel at Oldendorff Carriers.
Spark chaired the drafting team that developed the clause and was joined by Clive Aston (London Maritime Arbitrators Association), Henning Babiel (ADM), Magdalene Chew (AsiaLegal LLC), LeRoy Lambert (Society of Maritime Arbitrators, New York), Edward Liu (Hill Dickinson, Hong Kong), Andrea Skeoch (North P&I) and Claus Stahl (Maersk Broker).
The clause, which is intended to replace the BIMCO Mediation Clause 2020, encompasses all types of ADR and therefore allows for traditional mediation as well as, for example, early intervention mediation and early neutral evaluation. Thes can be used at any time during the dispute – whether before or after any arbitration proceedings have been launched.
The clause is accompanied by explanatory notes and is available here.
More from CONTRACTS
- IOPC Funds adopt resolutions on uninsured and unsafe ships 14 November 2024
- FuelEU tops agenda of Documentary Committee meeting 10 October 2024
- What's on the agenda for the upcoming Documentary Committee? 03 October 2024
