Industry: Transport

An affiliate of DP World has dropped its effort to enforce LCIA awards worth US$485 million against Djibouti in the US – months after an appeals court said the east African state was entitled to question Quinn Emanuel Urquhart & Sullivan’s authority to represent the company.

05 December 2024

A German defence contractor has reportedly won around €25 million in an ICC arbitration against Greece arising from a two-decade old contract for the supply of tanks.

26 November 2024

The Singapore Court of Appeal has restrained a cargo owner from pursuing a US$269 million litigation in Indonesia over a ship collision, while clarifying how courts should approach requests for anti-suit injunctions based on an arbitration clause.

25 November 2024

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 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

Two Ukrainian businessmen who own a grain terminal operator at the port of Odesa have been sentenced to 21 months’ imprisonment after an English court found them in contempt for breaching an asset disclosure order issued in support of a US$150 million LCIA arbitration. 

16 October 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

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

Spain’s state-owned airport operator says an English court has unfrozen assets relating to London’s Luton Airport, which had been targeted by one of the state’s ICSID creditors. 

20 September 2024