CLAVE 1 / 4Arctic LNG 2 has filed a $1.02 billion arbitration claim against South Korean shipbuilder Hanwha Ocean.
CLAVE 2 / 4The dispute centres on three 172,500 cbm LNG tankers canceled due to Ukraine war sanctions in 2022.
CLAVE 3 / 4Hanwha Ocean is already defending an $850 million claim from Russian shipowners over the same vessels.
CLAVE 4 / 4The case will be heard at the Singapore International Arbitration Centre, with no resolution date set.
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