Dubai, UAE: The highly popular and sought after ‘Breakfast with EMAC’ seminars are back with the first for 2021 being ‘Charter Party Disputes and Enforcement’ in collaboration with Dubai World Trade Centre (DWTC) and HFW.
After a challenging year, stakeholders from the maritime industry eagerly awaited a return to a more approachable way of engaging with the each other through platforms that take the lead in enabling those all important business partnerships. The Breakfast with EMAC (Emirates Maritime Arbitration Centre) seminars continues to support sharing information on dispute management strategies that could in the longer term provide ease of shipping business continuity.
To ensure the best safety standards are applied in today’s pandemic environment, the event was held in collaboration with DWTC where the protection measures are highly rated.
In an interactive session, presenting case studies, Mr. Richard Strub and Mr. Yaman Al Hawamdeh, both prominent lawyers within maritime circles, and partners at HFW, shared some informative lessons about charter party disputes in shipping that have arisen in recent months. They aimed to provide the audience with a guide on the types of charter party disputes of late and how to navigate the enforcements mechanisms available for settlement.
“I believe that EMAC will continue to provide a worthy platform for the maritime community to learn from each other”, said Majid bin Bashir, Chairman and Secretary General of EMAC.
“Litigation and arbitration are not at the forefront of business development, but a part of life, and it is important that parties know that they have reliable resources and facilities available to them in the UAE, when disputes arise”, he further added.
EMAC has successfully continued to keep the lines of communication and collaboration open through events, such as and The Maritime Standard webinars throughout the year, ICS Silver Jubilee Conference on 30th May, 2021, Shiptek on 7-8th June, 2021 and the DIFC Academy on 28 June 2021.
As the Centre has seen an uptick in case referrals since the start of this year, EMAC continued to focus on enhancing its online service offerings in line with the Centre’s vision of Excellence in Maritime Arbitration and Mediation.
EMAC’s next breakfast is planned for 1st August,2021 and will be held at the Dubai World Trade Center ( DWTC).
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.