|BernHernandez on Thu, 14 Nov 2002 01:10:01 +0100 (CET)|
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|[Nettime-bold] MarineLiens & Chartered Institute of Arbitrators Form an Alliance|
For Immediate Release Contact:
Dispute Resolution is Facilitated Through Partnership
BERMUDA—Marine Liens Ltd., owner
of the global maritime-lien database at www.MarineLiens.com,
has formed a strategic alliance with London-based Chartered Institute of
Arbitrators for the purpose of assisting in the resolution of online disputes
between maritime contractors or suppliers and vessel owners.
The year-old MarineLiens.com,
a forum for posting and searching maritime lien claims, maintains its own online
resolution process. Once a claim of lien is posted, notification is sent to the
owner of the vessel, who then has the opportunity to refute. Notification of
rebuttal is sent to the claimant, who then has 30 days to respond. If s/he does
not respond, the claim is automatically marked as settled. Should the claimant
respond to the vessel owner’s challenge, the claim stands and the dispute must
be resolved outside of the Web site.
encourages parties who are unable to resolve liens through its Web site to seek
any available outside resources to facilitate settlements. The
Chartered Institute of Arbitrators (CIA) has developed an online
dispute-resolution process that dovetails well with the Marineliens.com process.
The CIA has tailored a procedure and fee structure that provides for resolution
of maritime lien claims through mediation and arbitration—all through the
site—designed for professionals who finance, insure, or service boats of all
sizes and values—provides a free system for posting lien claims against
vessels for monies owed involving any vessel-related services.
MarineLiens.com’s current database of three million registered vessels is
expected to expand to 30 million during the next three years. And the subscriber
list for MarineLiens.com’s monthly newsletter currently exceeds a
quarter-million people. For more information, please visit www.MarineLiens.com.
The objective of the CIA is, in line with the primary objective in the British Royal Charter, "to promote and facilitate the determination of disputes by arbitration and alternative forms of dispute resolution." The Institute provides education; professional arbiters, mediators, and expert witnesses; and construction of small-claims dispute-resolution schemes. For more information, please visit www.arbitrators.org/DRS/Schemes/marine_leins.htm.
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