THE TRIBUNAL, 

composed as above, 

after deliberation, 

Having regard to article 290 of the United Nations Convention on the Law of the Sea (hereinafter “the Convention”) and articles 21, 25 and 27 of the Statute of the Tribunal (hereinafter “the Statute”), 

Having regard to articles 89 and 90 of the Rules of the Tribunal (hereinafter “the Rules”), 

Having regard to the fact that the Kingdom of the Netherlands (hereinafter “the Netherlands”) and the Russian Federation are States Parties to the Convention, 

Having regard to the fact that the Netherlands and the Russian Federation have not accepted the same procedure for the settlement of disputes in accordance with article 287 of the Convention and are therefore deemed to have accepted arbitration in accordance with Annex VII to the Convention,