Industry: Shipping, shipbuilding & ports

A Chinese shipbuilder says it has defeated claims worth US$832 million in London arbitration proceedings brought by a customer that terminated contracts for the purchase of 10 vessels.

04 March 2025

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

A company linked to a jailed oligarch has been ordered to pay around US$1.8 billion in an LCIA arbitration after withdrawing a defence that he is the victim of a Russian government-led conspiracy – but he says he will continue to pursue those allegations in UK litigation.

15 November 2024

A Chinese shipbuilder says it is defending claims worth US$835 million in London arbitration proceedings after one of its customers terminated contracts for the purchase of 10 vessels.

15 October 2024

Russian state oil transport company Transneft says the board of the SCC Arbitration Institute has thrown out a multibillion-dollar claim brought by the company of a jailed oligarch who is also pursuing high-profile litigation against it in London.

26 September 2024

Glencore has applied to partially annul an ICSID award that dismissed the bulk of its claim against Colombia over a port facility – while Bolivia is seeking to overturn an ICC award won by Dutch oil giant Shell.

28 August 2024

Iraq and one of its state-owned entities have failed to reverse the confirmation of a US$120 million ICC award relating to the construction of a sea wall after a US court rejected their sovereign immunity arguments. 

22 August 2024

A French court has allowed a Chinese investor to seize planes owned by the Nigerian government as it seeks to enforce a US$81 million investment treaty award.

19 August 2024

A divided US appeal court has rejected Nigeria’s sovereign immunity defence to the enforcement of a US$70 million investment treaty award won by a Chinese investor in a free trade zone. 

12 August 2024

A North Sea oil and gas driller has agreed to settle a dispute with a Singaporean state-owned shipyard over terminated contracts for the construction of a pair of semi-submersible rigs, which gave rise to two arbitrations.

19 June 2024