Industry: Roads, rail & sea transportation
Rail consortium brings claim against Uruguay
An engineering consortium led by Spain’s Sacyr says it has brought an arbitration against Uruguay over outstanding payments relating to a US$1.5 billion rail project.
25 February 2025
Dubai transport investor fails to revive claim against Armenia
An Emirati company and its US CEO have failed to revive a US$326 million ICSID claim against Armenia over a billion-dollar project to build transport links to Iran.
10 February 2025
Interim relief denied in Bangladeshi highway dispute
A Thai construction company has failed to persuade a SIAC tribunal to provisionally restrain a group of Chinese state-owned entities from taking control of a billion-dollar highway project in Bangladesh.
23 October 2024
Argentine court stays highway concession arbitration
A court in Buenos Aires has restrained a Spanish-led consortium from pursuing a ICC claim against Argentina while the state seeks to annul the highway concession at the centre of the dispute – as the identity of the tribunals hearing the case and a related arbitration come to light.
25 September 2024
Russian court refuses to enforce SCC award
A Russian court has refused to enforce a Stockholm Chamber of Commerce award against a local railcar maker, citing the “legal aggression” of international sanctions against Russia as well as the nationalities of certain arbitrators on the tribunal.
22 August 2024
Sanctioned railcar maker faces enforcement bid in Russia
A Polish manufacturer has asked a Russian court to enforce a Stockholm Chamber of Commerce award against a sanctioned Russian railcar maker – prompting the Russian authorities to intervene in the lawsuit.
18 June 2024
Indian Supreme Court annuls billion-dollar award to cure “miscarriage of justice”
Arbitration practitioners have expressed concern at the Indian Supreme Court’s unusual decision to set aside a US$960 million award relating to a metro project in Delhi by using its curative jurisdiction to correct a “grave miscarriage of justice”.
12 April 2024
Belarus beats railway claim with fraud defence
An ICSID additional facility tribunal has thrown out a claim worth up to US$234 million brought by a Russian railway company against Belarus, after it found the investor engaged in a fraudulent scheme.
02 February 2024
Russian Supreme Court upholds bar to Siemens arbitration
The Russian Supreme Court has refused to hear an appeal of a ruling that blocked a Siemens entity from invoking an Austrian arbitration agreement in its dispute with state-owned Russian Railways.
23 October 2023
Nepalese court annuls ICC tribunal’s procedural ruling
A Nepalese state-owned utility facing an ICC claim has persuaded a local court to set aside the arbitral tribunal’s decision to grant the claimant an extension to a filing deadline.
19 October 2023