( September 3, 2024, 2:11 PM EDT) -- WASHINGTON, D.C. — A joint venture that operated a container terminal on the Red Sea filed a petition with the District of Columbia Circuit U.S. Court of Appeals for panel rehearing or rehearing en banc after a split panel reversed the confirmation of a London Court of International Arbitration (LCIA) arbitral award worth more than $541 million in its favor against the Republic of Djibouti due to lack of “attorney authority,” writing that the decision conflicts with precedent and is an issue of exceptional importance....