Shaikh Mohammed establishes Arbitration Centre to resolve maritime disputes

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Shaikh Mohammed establishes Arbitration Centre to resolve maritime disputes

Dubai - The Board of Trustees also includes 13 other members. All members of the Board are appointed for a renewable term of three years.

By Staff Reporter

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Published: Wed 20 Apr 2016, 5:24 PM

Last updated: Wed 20 Apr 2016, 7:41 PM

In his capacity as Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates His Highness Shaikh Mohammed bin Rashid Al Maktoum issued Decree No (14) of 2016 establishing the Emirates Maritime Arbitration Centre. The Centre aims to address and resolve maritime disputes through deliberations based on legal frameworks and set maritime regulatory guidelines and standards.
His Highness also issued Decree No (16) of 2016 to establish the Centre's Board of Trustees with Sir Anthony Colman as Chairman and Majid Obeid Bin Bashir as Vice Chairman. The Board of Trustees also includes 13 other members. All members of the Board are appointed for a renewable term of three years.
The status of the Centre, annexed to Decree No (14) of 2016, outlines the area of expertise of the Centre, which includes addressing and resolving maritime disputes through deliberations based on the Centre's legal framework and setting maritime regulatory guidelines and standards.  The Centre also coordinates and collaborates with regional and international arbitration agencies, in addition to creating a special register listing arbitrators, experts and qualified mediators who are familiar with the requirements and procedures of arbitration and mediation.
The organisational structure of the Centre includes a Board of Trustees, an Executive Committee and an administrative body. The Centre will be supervised by the Board of Trustees, which is headed by a Chairperson and a Vice Chairperson and includes at least seven expert members appointed by the Ruler.
The Board of Trustees is in charge of devising and implementing the Centre's general policy and its strategic plan to achieve its objectives. It also has organisational and administrative roles and is responsible for ensuring the smooth and effective operations of the Centre.
The Executive Committee is appointed by the Board of Trustees for a renewable term of three years. Headed by the President, the Committee will have at least three members including the President. The duties of the Committee include recommending amendments to the arbitration rules to the Board of Trustees, overseeing the implementation of the Centre's statute and articles of association and appointing arbitrators. The Committee also decides the venue for arbitration and the language in which the arbitration proceedings will be conducted in case the concerned parties fail to reach an agreement.
The Board of Trustees also appoints the General Secretary of the Centre whose main responsibilities include providing recommendations on the general policy to be adopted by the Centre, proposing the Centre's organisational and administrative structure, supervising the administrative operations of the Centre, and drafting annual reports for submission to the Board.
The administrative body of the Centre is responsible for liaising between dispute parties to provide them with names of arbitrators and experts and receiving arbitration requests. It also provides a wide range of services related to arbitration and maritime litigation.
The two Decrees are valid from the date of issuance, and will be published in the Official Gazette.
(Reporters@khaleejtimes.com)


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