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EMAC seeks support from major players, meets with DP World

Emirates Maritime Arbitration Centre (EMAC) is exploring collaboration with terminal operator DP World, as seeks to engage major players in the regional maritime business.

The first in a series of meetings between EMAC and DP World was held at the latter’s headquarters in Jebel Ali with both Majid Obaid bin Bashir, acting chairman and secretary general from EMAC and Mohamed Yousef Al Muallem, svp and md of DP World.

The aim of these meetings is to explain the benefits of EMAC for dispute resolution and to major companies to put EMAC’s model clause in their contracts.

“One of EMAC’s targets this year is to go to large maritime companies to encourage them to write EMAC’s model clause into their contracts.  We take the initiative and go to the legal and commercial teams to start the conversation with them,” Majid Obaid bin Bashir of EMAC.

The move is similar to that undertaken by the Singapore Chamber of Maritime Arbitration (SCMA) in its early years of operation.

“There is no doubt that DP World will benefit from EMAC’s services going forward,” Mohamed Yousef Al Muallem from DP World.

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