Equitable Principles in the Delimitation of the Aegean Continental Shelf

The purpose of the article is to present the role of equitable principles in the delimitation of the continental shelf in the specific situation of the Aegean area. First, the theoretical aspects of the equity in international law and its typology are presented, followed by explaining the role of equitable principles in maritime relations. In turn, the author explains the interdependence of equity and geographical conditions, while stressing the unique geography of the Aegean, bearing heavily on delimitation efforts in the region. The context of the Greek-Turkish continental shelf delimitation dispute is explained, drawing attention to the divergent positions of the two countries. The rules applicable to the dispute at hand are then analysed, with a focus on customary law, in the absence of treaty rules applicable between Greece and Turkey as concerns the maritime delimitation. The role of the international courts and tribunals in finding solutions in the disputes involving the delimitation of the continental shelf is discussed, by also presenting their approach to interpreting and applying equity and equitable principles. The three-stage delimitation method elaborated in the case-law based on equitable principles is finally presented, while drawing attention to the difficulties in applying the method in practice and the resulting therefrom inconsistencies.Finally, the conclusions of the above considerations for the Aegean continental shelf delimitation are drawn and the perspectives for finding a solution in the future are presented.