Purpose : The aim of this study is to analyse the UK Arbitration Act and the Arbitration Rules of the LMAA, which are adopted in most maritime disputes in Korea in relation to the notification of Arbitration.Research design, data, methodology : The Korean maritime arbitration is treated as the general commercial dispute in accordance with the Arbitration Act and the Commercial Arbitration Rules. If shipping practice, however, arbitration clauses are often included in contracts that require UK law to be the governing law in most maritime contracts. Accordingly, In this study, mainly literature studies are analyzed to derive such results.Results : The KCAB is the only standing arbitration agency, and the maritime arbitration is being handled by the KCAB as part of the arbitration. However, most maritime disputes in the maritime practice are based on the English law, and most of the maritime arbitration is conducted in the UK and the maritime arbitration in Korea is not activated.Conclusion : Korea should also strengthen its international competitiveness by establishing arbitration agencies dedicated to maritime arbitration such as the United K ingdom, the United States, and J apan. In a ddition, it is n ecessary to revise the arbitration procedures by ad hoc arbitration in Korea, and to establish rules for such arbitration
Purpose : The aim of this study is to analyse the UK Arbitration Act and the Arbitration Rules of the LMAA, which are adopted in most maritime disputes in Korea in relation to the notification of Arbitration.Research design, data, methodology : The Korean maritime arbitration is treated as the general commercial dispute in accordance with the Arbitration Act and the Commercial Arbitration Rules. If shipping practice, however, arbitration clauses are often included in contracts that require UK law to be the governing law in most maritime contracts. Accordingly, In this study, mainly literature studies are analyzed to derive such results.Results : The KCAB is the only standing arbitration agency, and the maritime arbitration is being handled by the KCAB as part of the arbitration. However, most maritime disputes in the maritime practice are based on the English law, and most of the maritime arbitration is conducted in the UK and the maritime arbitration in Korea is not activated.Conclusion : Korea should also strengthen its international competitiveness by establishing arbitration agencies dedicated to maritime arbitration such as the United K ingdom, the United States, and J apan. In a ddition, it is n ecessary to revise the arbitration procedures by ad hoc arbitration in Korea, and to establish rules for such arbitration
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