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Tasik Subsea wins award in legal tussle with Fugro

The arbitration tribunal rules in favour of Tasik Subsea, awarding the start-up, which was formed for the purpose of owning a diving support vessel, more than $26m. Arbitration proceedings pertaining to Fugro’s premature termination of a charterparty on Tasik Subsea’s sole DSV continue

Fugro and Tasik Subsea are still pursuing claims and counter-claims against each other in relation to the termination of a charterparty 

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