Lloyd's Maritime Law Newsletter
Guangzhou Dockyards Co Ltd v ENE Aegiali I - QBD (Comm Ct)(Blair J) - 5 November 2010
Arbitration - Appeal - Parties to arbitration agreement allegedly agreeing that questions of fact could be subject to appeal - Whether court had jurisdiction to allow appeal from arbitration award on questions of fact
The claimant dockyard entered into an agreement with the defendant shipowners whereby the claimant agreed to convert the defendants’
VLCC into a VLOC (Very Large Ore Carrier). The agreement was governed by English law and contained a London arbitration clause.
Disputes arose under the agreement and were referred to arbitration. The arbitrators made an award in the defendants’ favour
and awarded them damages of US$59,614,214.