Malta Awarded $13M For Seizure Of Vessel By Republic Of São Tomé

(January 13, 2020, 3:21 PM EST) -- THE HAGUE, Netherlands — The Permanent Court of Arbitration (PCA) on Dec. 18 awarded approximately $13 million to Malta and against the Republic of São Tomé for the seizure of a vessel by São Tomé after determining that Malta offered sufficient evidence in support of its argument that it is entitled to reparation for the vessel seizure (In the matter of the Duzgit Integrity Arbitration [Malta v. São Tomé and Principe], No. 2014-07, PCA)....

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