Panama Canal

Li Ka-shing’s US$19 billion ports sale slows due to complex talks

CK Hutchison has said that it would not proceed with a transaction that did not have the approval of all relevant authorities

Panama’s five main ports are all located near the canal and are operated by concessionaires from the United States, Hong Kong, Taiwan and Singapore.

China likely to bid on building new Panama Canal ports

The Panama Canal Authority plans to award contracts for the two terminals in late 2026 and begin operations in 2029

Panama’s ports have drawn intense scrutiny from Washington in recent months.

Panama Canal to enter ports business as Trump-China feud simmers

The US president has criticised Chinese influence over the canal, threatening to take back the waterway and falsely alleging that Beijing controls it

The Panama terminals are at the centre of the geopolitically delicate deal for the 43 ports owned by Hong Kong tycoon Li Ka-shing’s CK Hutchison.

Panama official seeks court review of CK Hutchison port contract

The transaction has remained pending while the parties involved seek to resolve the issues

The possible involvement of China Cosco is boosting expectations that it would nudge the transaction forward.

Investors revive interest in CK Hutchison despite deal delay

Beijing has so far viewed the deal as a threat to its interests

Cosco’s demands mark the latest twist for a deal that’s become a proxy for US-China rivalry.

China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports

Chinese regulators have vowed to investigate the transaction, and Li and his family have come under intense scrutiny and criticism

Tycoon Li Ka-shing’s CK Hutchison in March announced it would sell its 80% holding in the ports business, which encompasses 43 ports in 23 countries.

China threatens to block Panama ports deal unless its shipping giant gets stake: report

Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block Hutchison’s proposed sale of the ports

The port is Australia’s northernmost maritime facility, positioned close to South-east Asia.

Australia aims to avoid Panama repeat in China port showdown

PM Albanese potentially faces a similar backlash from the Chinese government if Beijing perceives it’s being treated unfairly at the Port of Darwin

The ports sale is structured to give the Italian billionaire Gianluigi Aponte family’s Geneva-based Terminal Investment ownership of all but the two Panama ports, whose control would go to BlackRock.

CK Hutchison confirms Italian tycoon’s lead role in ports deal

The group will not proceed with the sale until it obtains all necessary approvals

Tycoon Li Ka-shing’s CK Hutchison announced last month it would sell its 80 per cent holding in the ports business which encompasses 43 ports in 23 countries.

China says CK Hutchison’s ports deal must not try to avoid antitrust review

[BEIJING] China’s top market regulator said on Sunday (Apr 27) that it was paying close attention to CK Hutchison’s planned sale of most of its ports operations to a BlackRock-led consortium and parti...