
Solstad Wins Arbitration Over CSV Charter Dispute
Solstad Offshore won arbitration tied to a disputed 2024 charter hire for the CSV Normand Maximus, securing about $14.5 million including interest compensation.

Solstad Offshore won arbitration tied to a disputed 2024 charter hire for the CSV Normand Maximus, securing about $14.5 million including interest compensation.

The UK High Court dismissed an appeal in a US$832.2 million case against three wholly owned subsidiaries of Yangzijiang Shipbuilding and also refused the claimants permission to appeal further, according to a company filing.

CK Hutchison says Panama Ports Company began arbitration under ICC rules after Panama’s Supreme Court ruled the Balboa and Cristóbal port concession “unconstitutional.”

BP has secured a major arbitration win against Venture Global LNG over missed cargo deliveries, marking a significant development in the ongoing LNG supply disputes involving U.S. exporters.
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