Arbitration News


Solstad’s Arbitration Win Unlocks $14.5M Payment for its Largest Vessel

May 15, 2026

Solstad Offshore has informed the arbitration proceedings related to disputed 2024 charter hire for Normand Maximus construction support vessel (CSV) had concluded in favor of the company.The company said it would receive approximately $13 million in charter hire…

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Feb 10, 2026

Seatrium, through its wholly owned subsidiary Jurong Shipyard, has started arbitration proceedings against Petrobras Netherlands in connection with a legacy contract for the conversion of the P-54 floating production, storage and offloading vessel (FPSO)…

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