INTERNATIONAL ARBITRATION AS SETTLEMENT
FOR TRANSNATIONAL MARITIME DISPUTE
Written by: Rima Gravianty Baskoro, S.H., ACIArb.
(Listed Lawyer in Foreign Embassies and Associate of Chartered Institute of Arbitrators)
I. MARITIME ARBITRATION
Since 1994, arbitration has been the most popular means of resolving maritime proceedings. Under Annex VII to the United Nation Convention of the Law Of the Sea (UNCLOS), the court consists of 5 arbitrators, each party to the dispute appoints one arbitrator and they jointly appoint three others. In case, it is required, the President of International Tribunal of the Law Of the Sea (“ITLOS”) authorized to appoint the Chief of Panel of Arbitrators.
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