New York has long been a key arbitration centre, second only to London. But it is facing increasing competition from emerging players, particularly Singapore as well as closer neighbours like Houston and new entrant Panama.

The role of New York arbitration in maritime matters began with the city’s Dutch roots, according to an earlier article by lawyer Clay Maitland, managing partner of International Registries and chairman of New York Maritime (NYMAR), a member of the New York Maritime Consortium.

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