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Dubai: Enforcement of maritime claims in the UAE was discussed at the most recent Breakfast with EMAC on Monday, 17th February 2020, at the Emirates Maritime Arbitration Centre in DIFC.
Guest speaker, Mr. Mark Lakin, a senior associate for marine and international trade at Stephenson Harwood explained how the UAE as a rising maritime jurisdiction is host to a wide range of complex maritime claims and disputes. As the volume of disputes increase, so does the need for the maritime community to understand how to best navigate legal processes relevant to maritime arbitration, court proceedings, ship arrests and attachment proceedings.
“EMAC hosts these educational breakfast to benefit the maritime community,” said Mr. Majid Obaid bin Bashir, Chairman and Secretary General, EMAC. “We understand that the prospect of a dispute cannot be foreseen, however, EMAC ensures that the community is aware of and accepts that specialist arbitration and mediation services through EMAC can provide the best support, at international best practices, for a fraction of the cost of going elsewhere,” he added.
The next Breakfast with EMAC will take place on 20th April 2020 where the team will look at ‘dissecting complex, high value, maritime disputes.”
To learn more about the topics or to register your interest visit www.emac.org.ae or email info@emac.org.ae.
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About Emirates Maritime Arbitration Centre (EMAC):
Emirates Maritime Arbitration Centre (EMAC) was established in accordance with Emiri decree No. 14/2016 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, in April 2016, with a formal launch of its services in November of the same year. Initially based out of Dubai International Financial Centre (DIFC), EMAC has its own legal identity and is financially and administratively independent.
EMAC was launched in response to the region’s growing maritime activity, the UAE’s ambitions to develop into the world’s largest maritime hub in the world by 2025, and the belief in the efficiency of the arbitration process. The first specialised maritime arbitration centre to be established in the MENA region, EMAC aims to position the UAE as a centre of excellence for maritime arbitration, adhering to best practice in line with international standards.
Impartial and transparent, EMAC works with organisations across the region, providing services for resolving maritime disputes - through arbitration, mediation and other dispute resolution processes. EMAC’s rules are built on the most up to date internationally recognised arbitration and mediation rules - they allow for emergency arbitration and fast-track arbitration, to meet market demand and address the sector’s need for fast and efficient dispute resolution.
By establishing a trusted global standard for maritime arbitration services in the UAE, EMAC aims to continue to promote awareness of local, regional and international dispute resolution best practices, and to further support the UAE as it develops into a world-renowned maritime destination.
For any further information, please contact:
Reka Sepsy
Aurora ‘The Agency’
+971 (0) 55 220 6820
reka@auroraadvertising.ae
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