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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Main Author: Nuviala Lapieza, Irene
Format: Article
Language:English
Published: 2017
Subjects:
ADR
Online Access:https://dialnet.unirioja.es/servlet/oaiart?codigo=6062580
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
language
English
topic
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
spellingShingle
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?
description
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.
format
Article
author
Nuviala Lapieza, Irene
author_facet
Nuviala Lapieza, Irene
author_sort
Nuviala Lapieza, Irene
title
The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
title_short
The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
title_full
The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
title_fullStr
The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
title_full_unstemmed
The expansion of the Panama canal and its ruling international contract: A mega-project sailing in troubled waters?
title_sort
expansion of the panama canal and its ruling international contract: a mega-project sailing in troubled waters?
publishDate
2017
url
https://dialnet.unirioja.es/servlet/oaiart?codigo=6062580
_version_
1772718538143825920
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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