Promoting Maritime Arbitration in Asia Pacific – The Way Forward Peter McQueen FCIArb Chair, Australian Maritime and Transport Arbitration Commission (AMTAC) September 2013

Promotion of maritime arbitration -Asia Pacific Regional Arbitration Group (APRAG) -APRAG as promotion platform -Co-operation and collaboration -Asia Pacific “maritime arbitration cake” -Compelling places to conduct maritime arbitration

Attractions of arbitration seat -Leading edge international arbitration legislation -High quality, independent and pro- arbitration judiciary and courts -Internationally recognised capability of arbitration practitioners -Excellent facilities and dedicated dispute centre

Leading edge international arbitration legislation -Incorporation of New York Convention and Model Law -Objects of legislation -Model Law mandatory -Arbitrators and foreign lawyers -Interim measures

Leading edge international arbitration legislation -Confidentiality -Challenge of awards -Recognition and enforcement of arbitration agreements and foreign awards -“Public policy” definition

Rules of arbitration institutions -Arbitration rules – timely, cost effective and fair, having regard to complexity and value of dispute -Fast-track procedures -Procedures for emergency arbitrators

The way forward -Promote use of arbitration clauses providing for Asia Pacific seats -Encourage adoption of arbitration rules of Asia Pacific arbitration institutions -Develop awareness of advantages of arbitration and of conducting arbitration in Asia Pacific

The way forward -Conduct teaching and refresher training to improve skills and maintain standards of expertise -Reliable arbitration seats -Efficient dispute centres -Skilled arbitration practitioners

AMTAC -Commission of ACICA -AMTAC Members from public and private maritime and arbitration sectors -AMTAC Panel of Arbitrators -AMTAC Arbitration Rules and AMTAC Rocket Docket -Website

Promoting Maritime Arbitration in Asia Pacific – The Way Forward Peter McQueen FCIArb Chair, Australian Maritime and Transport Arbitration Commission (AMTAC) September 2013