Arbitration News

30 Nov 2022

GA-2022-24 Defaulters on Awards of Arbitration

In accordance with the Arbitration Rules Form No. 125, Members are hereby notified that the following firm has been reported for having failed to comply with an Award of Arbitration as per Rule 24.1: Award of Arbitration Nos: 18-482/18-499/18-503/18-504/18-505/18-506/18-507 Agrostudio Gro... more

04 Nov 2022

GA-2022-23 Defaulters on Awards of Arbitration

In accordance with the Arbitration Rules Form No. 125, Members are hereby notified that the following firm has been reported for having failed to comply with an Award of Arbitration as per Rule 24.1: Award of Arbitration No: 18-601 IDI Trading AG 5 Burgstrasse, Attinghausen Switzerland... more

02 Nov 2022

GA-2022-22 Lost Bills of Lading

Lost Bills of Lading: Mv Darya Ma At the request of Molinos Overseas Commodities S.A., Gafta has been asked to circulate the following information to Members so as to reduce the possibility of any fraud being perpetrated within the market: Please note that BL N° 1, representing a... more

01 Nov 2022

GA-2022-21 Defaulters on Awards of Arbitration

In accordance with the Arbitration Rules Form No. 125, Members are hereby notified that the following firms have been reported for having failed to comply with an Award of Arbitration as per Rule 24.1: Gafta Award of Arbitration no 18-343 Saam International FZE 208, Dosseldurf Business P... more

08 Sep 2022

GA-2022-20 Defaulters on Awards of Arbitration

This is to advise you that further to circular no: GA/2022/17, the following firm has settled the Award of Arbitration as per clause 24.1 of Gafta Arbitration Rules No. 125 and they should not therefore be considered defaulters: Gafta Case No. 18-271 Asia & Africa General Trading LLC ... more