Industry: Transport
UK court rules India’s immunity not precluded by New York Convention
The Commercial Court in London has ruled that India’s ratification of the New York Convention is not in itself a waiver of sovereign immunity from the jurisdiction of the English courts in an action to enforce a US$194 million investment treaty award.
22 April 2025
Estonia beats claim over alleged port corruption
An UNCITRAL tribunal has dismissed a Florida-based commodities trader’s US$206 million treaty claim against Estonia over a seaport, rejecting allegations that state agents had tried to extort corrupt payments from the claimant.
01 April 2025
Alstom liable to consortium partners over Turkish rail project
Switzerland’s highest court has rejected two challenges to an ICC award that requires French transport infrastructure group Alstom to pay over €63 million to its Japanese and Turkish partners for terminating a project to upgrade a commuter rail line in Istanbul.
26 March 2025
Airport operator ends ICSID claim against Honduras
The operator of Honduras’ largest airport has dropped a contractual ICSID claim against the state that it lodged after a government minister announced its concession would be reviewed.
13 March 2025
Chinese shipbuilder defeats claims over vessel orders
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
The rise of space disputes: what next?
A GAR Live panel discussed the future of space disputes – including misconceptions about the industry, complexities of liability beyond Earth and whether arbitration or mediation is more attractive.
27 February 2025
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
Airport investor fails to revive claim against Moldova
A Swedish court has rejected a Cypriot entity’s bid to set aside an SCC award that declined jurisdiction over its €884 million investment treaty claim against Moldova relating to an airport concession.
18 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
Argentine airline award enforced in US
A US court has enforced an ICSID award worth US$391 million against Argentina over the nationalisation of two airlines.
12 December 2024