The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
The world has recently witnessed the inauguration of the Panama Canal Expansion. This civil engineering mega-project, resulting from a particular historical, political and economic background, is going to globally reconfigure the maritime transport. The Panama Canal Expansion includes the creation o...
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2017
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Source: | Revista electrónica de estudios internacionales (REEI), ISSN 1697-5197, Nº. 33, 2017 |
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Revista electrónica de estudios internacionales (REEI), ISSN 1697-5197, Nº. 33, 2017
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English
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Panama Canal
Panama Canal expansion international contracting international investments engineering contracts FIDIC international disputes negotiation dispute resolution board (DAB) arbitration ADR multi-tier clauses Canal de Panamá Expansión del Canal de Panamá contratación internacional inversiones internacionales contratos de ingeniería FIDIC disputas internacionales negociación Junta de Resolución de Conflictos (DAB) arbitraje ADR cláusulas multi-tier |
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Panama Canal
Panama Canal expansion international contracting international investments engineering contracts FIDIC international disputes negotiation dispute resolution board (DAB) arbitration ADR multi-tier clauses Canal de Panamá Expansión del Canal de Panamá contratación internacional inversiones internacionales contratos de ingeniería FIDIC disputas internacionales negociación Junta de Resolución de Conflictos (DAB) arbitraje ADR cláusulas multi-tier Nuviala Lapieza, Irene The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters? |
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The world has recently witnessed the inauguration of the Panama Canal Expansion. This civil
engineering mega-project, resulting from a particular historical, political and economic background, is
going to globally reconfigure the maritime transport. The Panama Canal Expansion includes the creation
of a new lane by the design and construction of the third set of locks, which has undergone to a qualified
tender process. The relationships between the parties (the Spanish led consortium Grupo Unidos por el
Canal as the contractor and the Panama Canal Authority as the Employer) and the different actors of the
project are configured by an extraordinarily complex international contract drawn from a FIDIC form but substantially amended taking into account the particularities of this mega-project. The contractual
provision ruling the dispute resolution terms sets forth a multi-tier clause that addresses in first place to
the negotiation between the parties, continues with a Dispute Resolution Board (DAB) and finally ends
with an arbitration. The referred escalated clause shall be insightfully analyzed in this paper, in light of
the status quo of the worth million claims filed by the contractor up to this date.
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Article
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Nuviala Lapieza, Irene
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Nuviala Lapieza, Irene
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Nuviala Lapieza, Irene
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title |
The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
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title_short |
The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
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title_full |
The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
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title_fullStr |
The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
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The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
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expansion of the panama canal and its ruling international contract: a mega-project sailing in troubled waters?
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2017
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https://dialnet.unirioja.es/servlet/oaiart?codigo=6062580
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dialnet-ar-18-ART00012098552023-07-27The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?Nuviala Lapieza, IrenePanama CanalPanama Canal expansioninternational contractinginternational investmentsengineering contractsFIDICinternational disputesnegotiationdispute resolution board (DAB)arbitrationADRmulti-tier clausesCanal de PanamáExpansión del Canal de Panamácontratación internacionalinversiones internacionalescontratos de ingenieríaFIDICdisputas internacionalesnegociaciónJunta de Resolución de Conflictos (DAB)arbitrajeADRcláusulas multi-tierThe world has recently witnessed the inauguration of the Panama Canal Expansion. This civil engineering mega-project, resulting from a particular historical, political and economic background, is going to globally reconfigure the maritime transport. The Panama Canal Expansion includes the creation of a new lane by the design and construction of the third set of locks, which has undergone to a qualified tender process. The relationships between the parties (the Spanish led consortium Grupo Unidos por el Canal as the contractor and the Panama Canal Authority as the Employer) and the different actors of the project are configured by an extraordinarily complex international contract drawn from a FIDIC form but substantially amended taking into account the particularities of this mega-project. The contractual provision ruling the dispute resolution terms sets forth a multi-tier clause that addresses in first place to the negotiation between the parties, continues with a Dispute Resolution Board (DAB) and finally ends with an arbitration. The referred escalated clause shall be insightfully analyzed in this paper, in light of the status quo of the worth million claims filed by the contractor up to this date.El mundo ha sido testigo recientemente de la inauguración de la ampliación del Canal de Panamá. Este mega-proyecto de ingeniería civil, producto de un peculiar contexto histórico, político y económico, va a reconfigurar el transporte marítimo a nivel global. La ampliación del Canal de Panamá incluye la creación de una nueva vía mediante el diseño y construcción del tercer juego de esclusas, que se ha sometido a un cualificado proceso de adjudicación. Las relaciones entre las partes (el consorcio liderado por Grupo Unidos por el Canal como contratista y la Autoridad del Canal de Panamá como Empleador) y entre los diferentes actores del proyecto están reguladas por un complejísimo contrato internacional que parte de uno de los modelos FIDIC, pero introduce abundantes modificaciones teniendo en cuenta las particularidades de este mega proyecto. La disposición contractual en materia de resolución de conflictos establece una multitier clause, que remite en primer lugar a la negociación entre las partes, continúa con una junta de resolución de conflictos (DAB) y termina finalmente con un arbitraje. La referida cláusula escalonada va a ser objeto de análisis detallado en el presente artículo, a la luz del status quo de las millonarias reclamaciones formuladas hasta el momento por el contratista.2017text (article)application/pdfhttps://dialnet.unirioja.es/servlet/oaiart?codigo=6062580(Revista) ISSN 1697-5197Revista electrónica de estudios internacionales (REEI), ISSN 1697-5197, Nº. 33, 2017engLICENCIA DE USO: Los documentos a texto completo incluidos en Dialnet son de acceso libre y propiedad de sus autores y/o editores. Por tanto, cualquier acto de reproducción, distribución, comunicación pública y/o transformación total o parcial requiere el consentimiento expreso y escrito de aquéllos. Cualquier enlace al texto completo de estos documentos deberá hacerse a través de la URL oficial de éstos en Dialnet. Más información: https://dialnet.unirioja.es/info/derechosOAI | INTELLECTUAL PROPERTY RIGHTS STATEMENT: Full text documents hosted by Dialnet are protected by copyright and/or related rights. This digital object is accessible without charge, but its use is subject to the licensing conditions set by its authors or editors. Unless expressly stated otherwise in the licensing conditions, you are free to linking, browsing, printing and making a copy for your own personal purposes. All other acts of reproduction and communication to the public are subject to the licensing conditions expressed by editors and authors and require consent from them. Any link to this document should be made using its official URL in Dialnet. More info: https://dialnet.unirioja.es/info/derechosOAI
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