EMAC as Silver Sponsor at ‘The Fourth Annual Middle East Bunkering Convention’
Dubai: Gearing up for 2019, EMAC’s first Breakfast session is back discussing Ship Sale and Purchase (S&P) on 21st January at its DIFC offices.
Presented by Alessandro Tricoli, Partner and Head of Shipping at Fichte & Co Legal, the seminar will provide insights around the specific contract types and negotiation pitfalls. S&P is one of the most important agreements in the shipping industry. Given its complexity, it requires in-depth knowledge of the ship and its function, legal knowledge, as well as dealing and bargaining skills.
“As we enter our fourth year of operation, we will continue to carry out our main message and objective that we are here to support the industry. As part of our ongoing commitment to the sector, throughout 2019, we will be present at all key industry events, regionally and internationally, and facilitate important discussions by bringing the maritime and legal fraternity together”, said Mr. Majid Obaid bin Bashir, Acting Chairman and Secretary General, EMAC.
Following the ‘Breakfast with EMAC’ seminar, the busy schedule continued, by the Centre being present as a silver sponsor at the Fourth Annual Middle East Bunkering Convention that took place between 23 – 24 January at the Intercontinental Hotel, Dubai Marina. The forum provided a platform for informed, independent discussions about the key challenges facing the marine fuels sector in the region, as well as facilitated rugged debates on global bunkering, shipping and trade issues among regional and international experts. As part of the event, Edward Newitt, Board of Trustees member at EMAC delivered a presentation on ‘The role of arbitration in dispute resolution – a post 2020 scenario’.
EMAC will continue the discussions throughout 2019, with the next breakfast seminar to be held on 18th February.
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
+971 (0) 55 220 6820
reka@auroraadvertising.ae
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