Panama Canal

State-owned China Merchants Group joins sale talks for CK Hutchison’s troubled ports

Panama Ports Company says that the arbitration will take place in London.

CK Hutchison’s Panama unit files arbitration against Maersk over ports takeover

CK Hutchison, which operated the ports for nearly 30 years, has strongly rejected the Panama court ruling, accused Panamanian authorities of unlawfully seizing property.

China detaining Panama-flagged ships amid battle over port control

The legal fight has become part of a broader diplomatic and commercial dispute following Panama’s cancellation of the concessions in line with a Supreme Court ruling in late February.

CK Hutchison unit says Panama arbitration claim now tops US$2 billion

While all confirmed bookings will be cancelled, cargo that has already arrived will be processed as normal, the outlet says.

China’s Cosco halts Panama port operations as tensions rise

CK Hutchison lost control of the two ports last month after Panama seized the assets amid pressure from US President Donald Trump.

CK Hutchison unit seeks US$2 billion in Panama ports dispute

Most traffic increases were registered by tankers carrying energy products, including liquefied natural gas, car carriers and dry bulk carriers, according to the report.

Panama Canal saw 2.8% transit increase through January despite tensions

The two Panama Canal ports are at the heart of the US$23 billion deal announced last year.

BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets: report

CK Hutchison has said that it sees the decision as unlawful and is considering legal action.

Panama officials search CK Hutchison’s subsidiary office: source