MANAMA: Ways for co-operation in preparing qualified arbitrators in the field of commercial maritime arbitration were discussed during a meeting between the GCC Commercial Arbitration Centre (GCCCAC) and the Omani Ministry of Transport and Communications (MOTC).
With the growing role of sea shipping, coupled with continuous development of economical growth in the Gulf region, both sides agreed on the growing need to protect the shipping industry when disputes arise.
Moreover, the GCC Arbitration Centre has displayed its long experience in settling commercial disputes as well as preparing arbitrators for the past 25 years since the beginning of its activity in 1995.
The GCCCAC, a specialised regional judicial instrument, has fulfilled the demand in the market since there has been a shortage of qualified professional arbitrators to settle commercial disputes in the maritime industry, thus resulting in the introduction of the Professional Certificate in Maritime Arbitration Programme.
Both the parties initially agreed to hold this programme jointly during the year of 2020 in Oman.
The programme consists of four levels as follows:
l The Concept of Arbitration and its Legal Nature
l The Principles of the Maritime Law and the International Maritime Treaties
l Insurance and Maritime Transportation for Goods and Maritime Accidents
l Arbitration in Shipping Bills and Ship Renting Contract.
At the end of the meeting, the continued communication and consultation between the two parties has been strongly confirmed in the aims of enhanced co-operation which would ultimately achieve their shared vision of developing human resources in this field which will result in developing the level and status of the Omani and Gulf specialised arbitrators in settling maritime disputes.
The GCCCAC’s Omani board member Redha Al Saleh, administration manager Nasser Al Mogahwi, and members of the MOTC, including Dr Rashid Al Kiomi, and the general manager of maritime affairs attended the meeting.