It is a myth that Chinese shipyards always lose in London arbitration cases, the president of the London Maritime Arbitrators Association (LMAA) told a Shanghai audience.
Ian Gaunt told delegates at a crowded closing session of the senior maritime forum of 2019 Marintec China that London arbitration under English law will remain crucial for shipping, and especially shipbuilding.
"If you are selling ships to international buyers, you will have to comply with the standards of international arbitration," Gaunt said.
