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Arbitration is a common form of dispute resolution widely adopted in commercial contracts, especially in shipping. Key benefits of arbitration are confidentiality, flexibility and enforcement. An arbitration award is legally binding and enforceable in 172 countries that are parties to the New York Convention.
London is the global centre for international arbitration. The 2023 statistics of the London Maritime Arbitrators Association (LMAA) demonstrate that it is also where the vast majority of maritime disputes get resolved.
In 2023, LMAA arbitrators reported 3,268 new arbitration appointments under LMAA Terms and Procedures in an estimated 1,845 references and published approximately 436 awards.
LMAA President, David Steward, said: "The LMAA's case statistics continue to reflect the huge number of parties worldwide who choose international arbitration on the Association's Terms and Procedures to resolve their maritime disputes, not only in the shipping industry but also in offshore energy and international trade. We are grateful to all the arbitrators who contributed to these statistics":
https://lmaa.london/london-retains-its-crown-in-international-maritime-arbitration/
Ben Goss is an international maritime arbitrator with a commercial background in shipping. Ben has accepted over 250 arbitration appointments since 2018 and has written over 65 awards.
Ben is a Member of the Baltic Exchange, a Fellow of the Chartered Institute of Arbitrators (FCIArb), and a Full Member of the LMAA. In 2023, Ben was elected to the Committee of the LMAA.
A Chartered Shipbroker, Ben has been a Member of the Baltic Exchange since 2000 and has over 25 years of experience in chartering bulk carriers, tankers and offshore support vessels; the carriage of goods; the sale & purchase of second-hand vessels; the contracting of newbuild vessels; ship finance and leasing.
Ben accepts appointments in disputes arising from all maritime-related contracts, including charter parties, bills of lading, contracts of affreightment, MoAs and shipbuilding contracts.
In addition, Ben has an active interest in the ship finance, energy and renewables sectors.
Mediation is a highly effective way for parties to resolve maritime and shipping disputes whilst retaining control of the process and the outcome.
The mediation process provides an opportunity to explore terms of settlement - through an impartial and independent third party, on a 'without prejudice' and confidential basis - that takes account of a broader range of issues than litigation or arbitration necessarily would, and explore solutions that result in a balanced and constructive outcome.
A mediation can be conducted at any time before or whilst a dispute is being litigated in court or arbitration, and flexibly in whatever format works best for the parties. A successful mediation brings about an early end to the dispute thereby saving considerable time, cost and inconvenience.
Ben is a CEDR Accredited, IMI Qualified Mediator with 25 years of commercial shipbroking experience, half of which was spent overseas.
As a Chartered Shipbroker, Ben is a proactive and seasoned negotiator with excellent interpersonal skills and cross-cultural awareness.
As a maritime arbitrator, Ben is adept at managing dispute resolution processes as a third-party neutral and distilling the issues.
Ben's commercial background and experience, combined with his in-depth knowledge of charter parties, MoAs, shipbuilding and related contracts, make him uniquely positioned to assist parties in navigating their way to an amicable resolution of disputes.
Dispute Boards (DBs) are mainly used in construction and infrastructure projects, and are gaining popularity.
Otherwise known as Dispute Resolution Boards, Dispute Review Boards, and Dispute Adjudication Boards, DBs consist of 1-3 individuals who assist contracting parties, throughout the life of a project, to avoid, manage and resolve disputes in real-time by identifying and addressing issues early on.
DB members usually are not lawyers. Rather, they are respected and trusted professionals selected for their knowledge, experience and independence, in the subject matter of the project.
According to the Dispute Resolution Board Foundation (DRBF), 60% of projects utilizing a DB have no disputes at all; and 98% of the disputes that reach the DB do not go on to further litigation or arbitration.
DBs can provide a low-cost and highly effective means of assisting parties in a project not only to resolve disputes quickly but to avoid them altogether resulting in a "best-for-project" outcome for all parties.
Ben believes that complex shipping, shipbuilding and marine infrastructure projects, where high degrees of collaboration are required over extended periods of time, could benefit from assistance provided by a dispute board.
Ben's dispute resolution background, combined with his commercial experience, makes Ben well equipped to contribute as a member of a dispute board.
As a Chartered Shipbroker, Ben is a proactive and seasoned negotiator with 25 years of experience in facilitation, collaboration and relationship management.
As an arbitrator, Ben is adept at managing a fair dispute resolution process both alone and as part of a tribunal of two or three and providing reasoned decisions succinctly, with objectivity and integrity.
As a CEDR-Accredited, IMI-Qualified mediator, Ben is trained and experienced in the process of guiding parties, as a third-party neutral, towards an amicable settlement of their differences.
An expert witness is a person who by virtue of education, training, certification, skills or experience, is accepted by the judge or arbitral tribunal as an expert. Expert witnesses may deliver "expert evidence" within the area of their expertise. Their testimony may be rebutted by testimony from other experts or by other evidence or facts.
Ben has acted as an expert and is experienced in all aspects of the process from accepting initial instructions and producing reports, through to cross-examination in front of an arbitral tribunal.
As a Chartered Shipbroker, Ben has extensive knowledge and experience of all aspects of ship broking, most notably the chartering of bulk carriers, tankers and offshore support vessels; the carriage of goods; the contracting of newbuilding vessels; the sale & purchase of second hand tonnage; ship finance and leasing.
Ben's arbitration practice keeps him busy, but Ben welcomes enquiries in respect of ad hoc shipbroking and advisory assignments, and expert witness work.
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