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MISC launches arbitration against Shell

Malaysian shipping company MISC has started arbitration proceedings against the Malaysian subsidiary of Anglo-Dutch supermajor Shell in a bid to settle contractual disputes totalling about $245 million.

Centre of dispute: the Gumusut-Kekap semi-FPS was Malaysia’s first deep-water semi-submersible production system
Centre of dispute: the Gumusut-Kekap semi-FPS was Malaysia’s first deep-water semi-submersible production system
Published 3 October 2016, 04:23Updated 25 October 2016, 15:16
Asia & Oceania