Arbitration News

 

Seatrium and Aibel Seek Arbitration to Resolve DolWin 5 Disputes

3 hours ago

Seatrium, through its wholly owned subsidiary Seatrium New Energy (SNE), and consortium partner Aibel have started arbitration proceedings for the disputes related to the delivery of TenneT’s DolWin 5 offshore converter platform project in Germany’s North Sea.The arbitration arises from disputes under a consortium agreement signed in May 2019 covering the design, engineering, procurement, construction…

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