I - Emirates Maritime Arbitration Centre
g. Emirates Maritime Arbitration Centre
Emirates Maritime Arbitration Centre: a new forum for resolution of maritime disputes in the UAE
The Chairman of the Emirates Maritime Arbitration Centre (EMAC), Sir Anthony Colman, has said that “The primary function of EMAC is to provide flexible and neutral mechanisms to effortlessly settle disputes within the maritime sector in UAE.” Situated in Dubai, EMAC began operating in September 2016 and was officially launched in November 2016. With the establishment of EMAC, the UAE now has a specific set of rules and a forum for those in the maritime industry wishing to resolve their disputes in the Middle East region.
Background
EMAC has been established to cater specifically for disputes in the maritime industry and is the first arbitration institution of its kind in the Middle East region. It has drawn from the knowledge and experience of well-established maritime arbitration institutions in other jurisdictions, as well as from practitioners in the region, and has tailored its Rules to enable the quick and efficient resolution of international and domestic maritime disputes through arbitration and mediation.