Mohammed bin Rashid issues Decree establishing Emirates Maritime Arbitration Centre

In his capacity as Ruler of Dubai, Vice President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Decree No (14) of 2016 establishing the Emirates Maritime Arbitration Centre, with the aim to deliver better services.

The Centre aims to address and resolve maritime disputes through deliberations based on legal frameworks and set maritime regulatory guidelines and standards.

He also issued Decree No (16) of 2016 to establish the Centre’s Board of Trustees with Sir Anthony Colman as Chairman and Majid Obeid Bin Bashir as Vice Chairman. The Board of Trustees also includes 13 other members. All members of the Board are appointed for a renewable term of three years.

The status of the Centre, annexed to Decree No (14) of 2016, outlines the area of expertise of the Centre, which includes addressing and resolving maritime disputes through deliberations based on the Centre’s legal framework and setting maritime regulatory guidelines and standards.

It also coordinates and collaborates with regional and international arbitration agencies, in addition to creating a special register listing arbitrators, experts and qualified mediators who are familiar with the requirements and procedures of arbitration and mediation.

The organisational structure of the Centre includes a Board of Trustees, an Executive Committee and an administrative body. The Centre will be supervised by the Board of Trustees, which is headed by a Chairperson.

Source :WAM