An international arbitral tribunal in Miami is hearing the first claim in the multi-billion dollar Panama Canal expansion dispute between the agency that operates the canal and the consortium of construction companies that built it.
July 20, 2016 at 04:42 PM
1 minute read
An international arbitral tribunal in Miami is hearing the first claim in the multibillion-dollar Panama Canal expansion dispute between the agency that operates the canal and the consortium of construction companies that built it.
The dispute revolves around the canal expansion that began in 2009 but by late 2013 was over budget by at least $1.6 billion.
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