Cotemar is seeking attachment of up to $59.4 million in ABSG Consulting assets in New York as it pursues enforcement of a Mexican court judgment over unpaid offshore work.
A Maryland court dismissed most remaining economic loss claims linked to the Dali bridge allision while allowing several claims involving physical property and cargo damage to continue.
The trial over the Dali bridge collapse is scheduled to begin on 1 June 2026, with liability limits, seaworthiness, and negligence claims expected to shape proceedings.
ACE American Insurance Company, part of Chubb, has reached a $350 million settlement with the owner and operator of the container ship Dali over the collapse of Baltimore’s Francis Scott
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.
