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Wednesday 19 December


 

After consultation with the Association’s Supporting Members Liaison Committees in London and Asia, it has been decided to amend the level of certain of the fees and recoverable costs prescribed in relation to LMAA arbitrations.

Attached is a schedule of the new levels of fees and costs, highlighting those which will change.

These amendments represent the first modification of fees and costs since 2012 and will take effect from 1 January 2019.   

Please note that an additional fee of up to £10 may be added to the fees indicated where payments are made from an EEA state to cover receiving bank charges.

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