SocietyChinese court mediates foreign vessel collision dispute near Strait of Hormuz
The Guangzhou Maritime Court mediated a dispute over the collision of two foreign vessels near the Strait of Hormuz. The parties agreed to apply Chinese law and accept the court’s jurisdiction, then settled liability for the collision in a case involving about 180 million yuan, or roughly $25 million.
Chinese court mediates foreign vessel collision dispute near Strait of Hormuz
