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The Arbitration Tribunal rules the dispute between DP World PLC and the Kingdom of Belgium


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 cu ....

United Arab Emirates , Kingdom Of Belgium , Port Authority , Antwerp Port Authority , Dp World , Belgian Luxembourg Economic Union , Arbitration Tribunal , International Centre , Investment Disputes , Antwerp Gateway , Bilateral Investment Treaty , Antwerp Port , ஒன்றுபட்டது அரபு அமீரகங்கள் , கிஂக்டம் ஆஃப் பெல்ஜியம் , போர்த் அதிகாரம் , ஆண்ட்வெர்ப் போர்த் அதிகாரம் , ட்ப் உலகம் , பெல்ஜியன் லக்ஸம்பர்க் பொருளாதார தொழிற்சங்கம் , நடுவர் தீர்ப்பாயம் , சர்வதேச மையம் , முதலீடு சச்சரவுகள் , ஆண்ட்வெர்ப் நுழைவாயில் , ஆண்ட்வெர்ப் போர்த் ,

Plug and Play Launches Maritime Innovation Platform in Antwerp, Belgium


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.  ....

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