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Setting up of India hub at the Port of Antwerp pitched in virtual interaction
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
19 ports ink declaration on disruption, digitalisation and decarbonisation
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Port authorities signed declaration on disruption, digitalisation and decarbonisation at the 6th Port Authorities Roundtable
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The Arbitration Tribunal rules the dispute between DP World PLC and the Kingdom of Belgium
The Antwerp Port Authority has taken note of the interim ruling by the Arbitration Tribunal of the International Centre for Settlement of Investment Disputes (ICSID) on the investment dispute between DP World PLC and the Kingdom of Belgium, according to the company s release.
The ruling is nuanced and does not yet definitively settle the investment dispute. On the one hand, the Arbitration Tribunal considers that the decision of the Antwerp Port Authority to repossess an (unused) part of the concession of Antwerp Gateway (subsidiary of DP World PLC) in 2014 constitutes what is known as a partial ‘expropriation’ (‘repossession of an investment’) of this concession agreement within the meaning of the Bilateral Investment Treaty (BIT) between the Belgian Luxembourg Economic Union (BLEU) and the United Arab Emirates (UAE). An ‘expropriation’ is permitted provided that five cumulative
Plug and Play Launches Maritime Innovation Platform in Antwerp, Belgium
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Port of Antwerp, has announced the launch of their first maritime program in Antwerp, Belgium. The purpose of the program is to connect international startups with the Founding Partners to pilot their technologies and drive the future of maritime as world-class leaders of R&D and innovation.
Startup collaboration at the local and global level
Led by a local team of four people, Plug and Play Maritime aims to strengthen an innovative startup ecosystem centered around the seafaring sector, that brings new technologies and entrepreneurs to the region and enables technological and business development. Plug and Play Maritime will be situated at the pre-campus of Maritime Campus Antwerp. The launch event, which will mark the start of the first program batch, is planned for June 2021.