Industry: Transport

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

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

A French-owned airport operator has filed a €200 million arbitration against Portugal over restrictions relating to the covid-19 pandemic, as an award against the state arising from a postal services concession is set aside.

14 June 2024

South Korea’s Samsung Heavy Industries says it will file a claim at the Singapore International Arbitration Centre against a Russian shipyard owner that cancelled contracts worth US$4.3 billion for the supply of oil and gas tankers. 

13 June 2024

The Vietnam International Arbitration Centre is reportedly hearing a US$152 million claim by Japanese conglomerate Hitachi against a Vietnamese state-owned company over a delayed project to construct a metro line.

05 June 2024

An Accra-based consortium has filed an UNCITRAL claim against a Ghanaian state authority at a local arbitral institution, seeking more than US$3.7 billion over a terminated concession to build and operate a port terminal. 

24 May 2024

Russia has warned Colombia it may pursue arbitration over maintenance contracts for military helicopters that were suspended following the invasion of Ukraine. 

23 May 2024

Peru has reportedly been ordered to pay damages to a Spanish-led consortium in the first of a trio of ICSID claims over a project to build a new metro line in Lima.

02 May 2024

An ICSID tribunal has found Colombia liable in a US$64.5 million claim by Glencore over access to a port facility – although the state says around 85% of the commodities trader’s damages claims were dismissed. 

23 April 2024

A US defence contractor seeking to satisfy a £16 million ICC award against Libya has obtained a final charging order against a London property previously owned by the family of the country’s former leader Muammar Gaddafi.

16 April 2024