Arbitration clause
ARBITRANS recommends that professionals in the field of transport and related activities, as well as any other stakeholders, insert the following arbitration clause in the contracts or in any other document concluded by them with their co-contractors:
“Any dispute arising out of or in connection with the present contract, including with respect to the conclusion, nullity, interpretation, performance or termination thereof shall be resolved by final arbitration in accordance with the Rules of procedure of the ARBITRANS International Arbitration Court for Transport.
The arbitral tribunal shall consist of……( ”one sole arbitrator”, ”three arbitrators”).
The seat of arbitration shall be…………..(”ARBITRANS headquarters” or ”ARBITRANS Office in the city ……./country……………”)
The language of arbitration shall be………………….”.