Originally from the Journal of Damages in International Arbitration

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PACC Offshore Services Holdings Ltd. v. United Mexican States, ICSID Case  
No. UNCT/18/5 

Award, 11 January 2022 

Marcio Vasconcellos1 

The Parties 

PACC Offshore Services Holdings Ltd. (Claimant); United Mexican States (Respondent) 

Sector 

Offshore Marine Services Industry, Oil and Gas, Bareboat Charter Services 

Applicable Treaty 

Agreement between the Government of the United Mexican States and the Government of the Republic of Singapore on the Promotion and Reciprocal Protection of Investments (signed on November 12, 2009; entered into force on April 3, 2011) 

Members of the Tribunal 

Dr. Andrés Rigo Sureda (president), Prof. W. Michael Reisman (Claimant’s appointee) and Prof. Philippe Sands (Respondent’s appointee)