Arbitrations: Making Waves Filings Against Cruise Lines in the - PowerPoint PPT Presentation

Maritime and Cruiseship Arbitrations: Making Waves

Filings Against Cruise Lines in the Eleventh Judicial Circuit 300� 277� 254� 254� 250� 250� 250� Bautista v. Star Cruises Royal� Caribbean/Celebrity� 200� Jan. 18, 2005 187� Number of Cases Thomas v. Carnival Carnival� July 1, 2009 150� 139� Lindo v. NCL 126� Aug. 29, 2011 Norweigian/NCL� 110� 108� 105� 101� 100� 99� 84� 82� 80� 75� 65� 61� 52� 50� 45� 44� 39� 38� 35� 34� 33� 33� 30� 27� 28� 25� 24� 23� 19� 17� 15� 13� 10� 0� 2005� 2006� 2007� 2008� 2009� 2010� 2011� 2012� 2013� 2014� 2015� 2016� 2017� The Impact -- Filings Against Cruise Lines in the Eleventh Judicial Circuit

The Bahamas Maritime Authority “ BMA ” • Created in 1995 • Semi-autonomous government – owned corporation • Dedicated to maintaining the highest standards for Bahaman flagged vessels in its fleet • Function: • Register vessels – assistance • Enforce safety – inspections • Monitor and improve standards (on board and the environment) • Offices in Nassau, Bahamas, New York, London, Hong Kong and Greece (to assist Bahamian flagged shipowners and their seafarers) • Education – providing lists of training centers • Works with the International Maritime Organization (IMO) which is the UN ’ s agency dedicated to technical and operational matters. Benefi fits ts to to Fla laggi gging g a Ve Vessel i l in the th e Baha hamas mas

The Bahamas Maritime Authority “ BMA ” It has important responsibilities include: • 5(f) “ to assist in the development of the maritime industry of The Bahamas; ” and • 5(g) “ to expand and create maritime employment opportunities for Bahamians. ” Benefi fits ts to to Fla laggi gging g a Ve Vessel i l in th the e Baha hamas mas

The Bahamas Shipowners Association “ BSA ” • Created in 1997 • Purpose: • Promote the interest of the shipowners of Bahamian registered vessels • Facilitate dialogue between shipowners and the BMA. Benefi fits ts to to Fla laggi gging g a Ve Vessel i l in th the e Baha hamas mas

Have the BMA and BSA been Successful? The Bahamas has the seventh largest ship registry in the world. Success?

Percentage� of� Passengers� per� Cruise� Line� for� 2015� All� others� Royal� 10%� Caribbean� 23%� Norwegian� Carnival� 11%� 48%� MSC� 5%� Disney� 3%� All� Percentage� of� Passengers� per� Cruise� Line� for� 2018� others� 10%� Royal� Caribbean� 23%� Norwegian� Carnival� 11%� 47%� MSC� 7%� Disney� 2%� The Cruise line's Share of World Wide Passengers

Arbitration Clause 1

Arbitration Clause 2

Arbitration Clauses 3 & 4 & 5

Arbitration Clause 5

One of the Fundamental Principals of Arbitration is the Freedom to Contract the Means of Dispute Resolution Currently, for Bahamian Flagged Vessels there is: • No mandatory requirement that seat of arbitration be in the Bahamas • No mandatory requirement that disputes be venued in the Bahamas • No mandatory application of Bahamian substantive law. What are your thoughts? Missing?