Emirates Maritime Arbitration Centre (EMAC) Established in Dubai

Analysis

On 20 April 2016, UAE Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. 14 of 2016 establishing the Emirates Maritime Arbitration Centre (EMAC).

EMAC is a specialised arbitration centre which has the potential to fill a geographic / time zone gap in the international arbitration market and meet some of the needs of regional and international companies operating in the maritime industry.

Dubai Decree No. 16/2016 was also issued on 20 April 2016 to establish the organisational structure of EMAC, which comprises a Board of Trustees who are each appointed for a renewable three year term, an Executive Committee and an administrative body. The Board of Trustees, which has a supervisory role, is headed by Sir Anthony Colman, Chairman, and Mr Majid Obeid Bin Bashir, Vice Chairman.  There are a further 13 Trustees, including Clyde & Co partner, and Head of Dispute Resolution (MENA), Chris Mills and other representatives from across the UAE maritime industry.