In Glory Wealth Shipping Pte Ltd v Flame S.A. [2016] EWHC 293, the English Commercial Court set aside an award under section 69 of the Arbitration Act 1996 made against the claimant and replaced it with an award in its favour. Teare J held that there had been an error of law in the finding that the claimant had not suffered loss when the respondent breached a contract of affreightment by failing to deliver freight. However, Teare J noted he had not reached the conclusion with enthusiasm because the claimant's conduct with respect to the freight amounted to dishonest concealment and turpitude. Nonetheless, this could not affect the court’s consideration of the question of law raised by this appeal.

On 24 February, the International Chamber of Commerce (ICC) announced that it had received its official license from the State Administration of Industry and Commerce (SAIC) of the People’s Republic of China permitting the opening of a new ICC representative office in Shanghai's Free Trade Zone.

With the aim of increasing confidence in and transparency of Stockholm Chamber of Commerce (SCC) practice, the SCC has published Costs of arbitration and apportionment of costs under the SCC Rules. The report provides information on the size of disputes, their length and costs, as well as the manner in which tribunals ultimately apportion costs.