Hutchison Ports unit pushes Panama arbitration claim past $2bn after ‘unlawful’ port takeover
Panama Ports Co alleges prolonged government misconduct as dispute escalates
March 2026
John Su’s Erasmus orders up to eight bulker newbuildings worth $288m
Kamsarmax order is the Greek company’s first in China
John Su’s Erasmus orders up to eight bulker newbuildings worth $288m Read More »
CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion
A unit of Hong Kong conglomerate CK Hutchison said on Tuesday it had widened its claims in an international arbitration case against Panama, saying damages had now risen to more than $2 billion.Panama Ports Company, which for nearly three decades…
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Ports of Indiana Handles First Aluminum Shipment
Ports of Indiana has opened a new federally approved bonded storage facility at its Mount Vernon port, marking a major expansion of capabilities and enabling the port to handle its first barge shipment of aluminum.The shipment, totaling approximately 1…
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IMCA Welcomes DEME Offshore Energy MD as New President
The International Marine Contractors Association (IMCA) has welcomed DEME Offshore Energy Managing Director Hugo Bouvy as its new President.He succeeded Saipem’s Luca Gentili at the end of his two-year term at a meeting of IMCA’s Board on 18 March.Brun…
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