EXPERTISE
Maritime Sector
Geographically convenient, superbly well served and located on the Atlantic and Pacific trade routes, Panama lies at the centre the Americas, Panama is a world centre of expertise in shipping with a large pool of professionals available to support maritime arbitration service in Panama.
Owing to the growing maritime activity in the region, the enthusiasm of those involved and the belief in the efficiency of arbitration,. In keeping with international standards and regulations, the CESCON aims to provide the finest maritime arbitration services.
CESCON’s role includes the supervision of the processes of mediation and arbitration in accordance with the regulations. CESCON enjoys financial and administrative independence, in order to provide its services with full transparency and impartiality.
Maritime arbitration
Panama is known for its maritime chamber. Expertise extends to maritime arbitration in designing, and ADR clauses, advising on the optimal conflict management-strategy, advising on and conducting proceedings to set aside arbitral awards and for obtaining leave to enforce a foreign arbitral award.
The Arbitration Alternative
No one really wants to go to court. It can be expensive, time consuming, and you have to wear a suit and tie. Arbitration is a method to resolve maritime arbitration service in Panama without resulting to the court system. It allows you a greater degree of control of the schedule, a more business-like, less combative and perhaps even congenial atmosphere.
CESCON has been a vehicle for marine arbitration in Panama for many years. It has a panel of l specialists who are available to serve as arbitrators under its rules. You may still have to arbitrate your differences, but you would do so under different circumstances where, in an arbitration setting, you have a greater deal of control.
The maritime arbitration service in Panama provided CESCON include:
- Appointment of arbitrators
- Amount under dispute determines the number of arbitrators
- Operating panels of international and local arbitrators
- Free information service and assistance on dispute resolution in Panama
- Arbitration rules
- Arbitration rooms in a prime and convenient location in the financial hub in Panama City
- Facilities including transcription, translation, video conferencing, catering, telecommunications etc.