CK Hutchison Initiates Arbitration Against Maersk
CNSS has learned that Panama Ports Company (PPC), a subsidiary of CK Hutchison, filed for arbitration against the Maersk Group on April 7. This follows Maersk's takeover of the Port of Balboa at one end of the Panama Canal.
Comparison Of Hong Kong And London Arbitration
Whilst London arbitration is the most popular platform for resolution of charterparty disputes, where the parties involved are based in Hong Kong or Mainland China
Euroseas Cancels Another Ultramax at Dayang
Greek owner and operator of drybulk and container carrier vessels Euroseas Ltd. has cancelled another Ultramax dry bulker, Hull Number DY 161, under construction at Sinopacific Shipbuilding’s Dayang yard in China.
$194 million arbitration over canal expansion bill
An arbitration hearing over a $194 million claim filed by GUPC, the consortium that constructed the third set of locks for the Panama Canal Expansion , began in Miami on Monday July 18.
BIMCO Updates New York And Singapore Arbitration Clause Options
A new edition of BIMCO’s Dispute Resolution Clause has been published. New wording has been added to the US law, New York arbitration option to ensure that non-maritime contracts (such as shipbuilding contracts) are not inadvertently excluded from the sco
Navios starts London arbitration proceedings against Vale
Navios Maritime Holdings has started arbitration proceedings in London over a contract for an iron ore terminal...
Sembmarine starts arbitration proceedings against Sete Brasil
Singapore shipyard group Sembcorp Marine (Sembmarine) has started arbitration against Sete Brasil after it filed...