Entries by webadmin

Panama Canal Expansion

The Panama Canal Expansion is the largest project at the Canal since its original construction. The project will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. The existing locks allow the passage of vessels that can carry up to 5,000 TEUs. […]

Panama Canal Expansion Progress Update – March 2016

The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, water-saving basins, lateral filling and emptying system & rolling gates.

Greek Courts rejects the claims by physical suppliers against Owners in OWB related disputes

Greek Courts rejects the claims by physical suppliers against Owners in OWB related disputes in Hellenic Shipping News,Shipping Law News 06/04/2016 After the financial collapse of OW Bunker Group on November 7, 2014, numerous claims by physical suppliers in risk to remain unpaid due to their counterparty’s bankruptcy, have been brought in different jurisdictions worldwide. […]