The Business Times

Panama Canal

Transport & Logistics

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

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.
Transport & Logistics

Panama official seeks court review of CK Hutchison port contract

China Cosco Shipping Corp is one of several Chinese state-backed companies in discussions with the consortium led by Italian billionaire Gianluigi Aponte’s Terminal Investment on matters including how they might participate in the port deal.
Transport & Logistics

Investors revive interest in CK Hutchison despite deal delay

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

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

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.
Transport & Logistics

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

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

Australia aims to avoid Panama repeat in China port showdown

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.
Global Enterprise

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

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.
Companies & Markets

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

FILE PHOTO: A ship sails near the Balboa Port in Panama City, Panama, March 4, 2025. REUTERS/Enea Lebrun/File Photo
Global Enterprise

PSA weighs selling 20% stake in CK Hutchison’s ports business: sources

The sell-off underscores how the company stands in the middle of a US-China tiff over its canal facilities in the Central American country.
Companies & Markets

CK Hutchison shares erase all gains since Panama ports deal

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