This Law enacts the legal procedure for maritime arbitration, to protect the justified rights and interests of the parties involved and to promote the shipping industry. It consists of twelve chapters: I. General Provision II. Jurisdiction III. Application for Arbitration IV. Compelling Order V. Evidence Protection VI. Guarantee VII. Delivery of Legal Documentation VIII. Legal Procedure IX. Fund X. Creditor Registration XI. Shipping Priority XII. Supplementary Provision.