CK Hutchison says Panama Ports Company began arbitration under ICC rules after Panama’s Supreme Court ruled the Balboa and Cristóbal port concession “unconstitutional.”
Swedish Coast Guard fines a Liberian-flagged bulk carrier crew member after spotting waste dumping near Fårö in the Baltic Sea.
BIMCO is preparing a standard clause in response to China’s new “Special Port Fees” applicable to vessels with U.S. links, aiming to reduce contractual risk for the shipping industry.
IMO legal expert Sinem Ogis Ph.D. interprets the organisation’s one-year postponement of the Net-Zero Framework adoption as a procedural adjustment, not a policy retreat.
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.
X-Press Feeders has paused payments linked to the X-Press Pearl disaster, challenging Sri Lanka’s $1B ruling while urging fair treatment for detained crew.
