Arbitrators Dismiss $200m Claim for Panama Canal Costs

Arbitrators Dismiss $200m Claim for Panama Canal Costs
The Panama Canal Authority (ACP) announced Monday that an arbitration panel in Miami has rejected a $193 million claim brought by the builders of the Panama Canal expansion, Grupo Unidos por el Canal (GUPC). GUPC will have to pay about $23 million to ACP to cover the authority's legal ... read more
Source: Maritime ExecutivePublished on 2017-08-01