The role of commercial arbitration in resolving transport disputes: international practice

The article examines the role of commercial arbitration in resolving transportdisputes, with a focus on international practice. Special attention is given to the advantages of arbitration over litigation, as well as the challenges associated with the enforcement of arbitral awards in different jurisdictions. Major arbitration institutes, such as the London Maritime Arbitrators Association (LMAA) and the International Chamber of Commerce (ICC), are reviewed. The article also analyzes differing scholarly views on the effectiveness of arbitration in transport disputes, highlighting issues related to the enforcement of awards and the high costs of arbitration procedures.