The Maritime Trade Law, like other positive law, derive its sources from legislation, jurisprudence, and international treaties. However, like other laws, it was not a coincidence or a free will of the legislator, but arose in the maritime custom.
Maritime trade is one of the main pillars of the economy; maritime transport is the cheapest of all kinds of transportation, in terms of material costs, capabilities, and the ability to shipping. It is a major source of increased income and benefit in the field of transportation of goods and supplies that cannot be shipped via other means of transportation. In view of the great importance, it was necessary to have a law regulating maritime trade.
The most important feature of maritime arbitration is the rapid settlement of maritime disputes, arbitral proceedings flexibility and the prior consent of the parties to abide the arbitral judgement issued for the dispute to be executed, but this requires consultants with extensive experience and based on the experience of our legal advisers in the field of justice. We are honored to offer a wide variety of legal advice to individuals, companies, government institutions and private companies working in this field in relation to all matters related to maritime navigation regulations and conditions, including, but not limited marine insurance disputes, loading, unloading, financial and maritime insurance.
Arbitration shall be the prevailing method agreed upon by maritime stakeholders to resolve disputes arising therefrom, whether or not such disputes are current or future, where the parties to such relations agree to entrust such disputes to arbitrators specialized in the maritime field in order to be settled by binding arbitration provisions.
Disputes may arise from maritime contracts such as contracts for goods or person shipping, lease contracts, construction contracts, ships repair and sale, marine insurance contracts and marine bills, or those disputes arising from maritime accidents such as maritime accidents, maritime assistance, rescue and joint maritime damages settlement.
The lawyers in BYJUSTICE have sufficient expertise and knowledge not only in the arbitration aspect as a mechanism for settling maritime disputes but also in various other arbitration methods, which aim at assisting in dispute settlement in an amicable manner, the most important of which is maritime disputes related to conciliation, mediation and technical expertise.