Hong Kong-based CK Hutchison has launched international arbitration against Panama, seeking more than $1.5 billion in damages over the loss of its investments in the Balboa and Cristobal ports.
Somali pirates have captured the Cameroon-flagged cargo ship Lutuf off the coast of Somalia, in another piracy incident in the western Indian Ocean.
An empty LPG tanker has secured priority passage through the Panama Canal with a record $4.6 million auction bid. The fee will allow the G. Arete to move from the Pacific side of the canal to the Caribbean side without waiting in the regular queue.
The captain of the shadow fleet tanker Marinera, formerly Bella 1, has been sentenced to 10 months in prison after refusing U.S. Coast Guard orders to stop.
An unusual rescue operation took place near Owen Beach in Tacoma, Washington, after police discovered more than 30 cats living on a sailboat. The animals had apparently been on board for several months.
Portuguese authorities have seized around five tonnes of cocaine from the container ship Maersk Nokwanda during an operation in the Atlantic Ocean. The vessel was intercepted about 640 nautical miles west of Lisbon as part of a joint operation involving Portuguese police, navy and air force.
A fire aboard an Indonesian passenger ferry has left at least five people dead and 41 missing. More than 220 passengers and crewmembers have been rescued, while search teams continue looking for survivors.