Table Of Fees In Force.
APPENDIX
TABLE OF FEES IN FORCE
WITH THE MARITIME ARBITRATION RULES OF THE PIRAEUS ASSOCIATION FOR MARITIME ARBITRATION
TABLE OF FEES IN FORCE
WITH THE MARITIME ARBITRATION RULES OF THE PIRAEUS ASSOCIATION FOR MARITIME ARBITRATION
I. ADMINISTRATIVE FEE
| A. Documents-only arbitration: | 500 € |
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| B. Arbitration conducted by an oral hearing: | 2,000 € |
II. ARBITRATOR’S FEES
| AMOUNT IN DISPUTE (in €) |
FEES FOR ONE ARBITRATOR | EXAMPLE USING THE HIGHEST AMOUNT OF THE SCALE (in €) |
||
| Minimum | Maximum | Minimum | Maximum | |
| A. Documents-only arbitration | ||||
| Up to 50.000 | 1,500 € | 8% | 1,500 | 4,000 |
| B. Arbitration conducted by an oral hearing | ||||
| Up to 50.000 | 3,000 € | 10% | 3,000 | 5,000 |
| From 50.001 to 500.000 | 1% | 2% | 3,000+4,500=7,500 | 5,000+9,000=14,000 |
| From 500.001 to 1.000.000 | 0.50% | 0.75% | 7,500+2,500=10,000 | 14,000+3,750=17,750 |
| From 1.000.001 to 10.000.000 | 0.10% |
0.25% | 10,000+9,000=19,000 | 17,750+22,500=40,250 |
| From 10.000.001 to 100.000.000 | 0.015% | 0.025% | 19,000+13,500=32,500 | 40,250+22,500=62,750 |
| Over 100.000.000 | 0.001% | 0.005% | 32,500+0.001% of amount over 100m | 62,750+0.005% of amount over 100m |
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