What is the 'equitable result' in the law and practice of maritime delimitation?

It is the only method of delimitation that international courts and tribunals follow

An equitable result is what a judge or the arbitrator would decide ex aequo et bono, i.e. upon their discretion and in light of what they consider as fair and equitable in a delimitation case

The equitable solution that EEZ and continental-shelf delimitations should achieve, using a method appropriate to the circumstances

Achieving an equitable result is an old method of delimitation which is currently not applicable