Panama's Supreme Court has annulled port concession contracts held by Panama Ports Company, a CK Hutchison subsidiary, throwing into question ...
As the dust cleared around the capture of Venezuelan leader Nicolás Maduro in a surprise military strike earlier this month, US officials left little question that they had another target too: China.
Panama’s Supreme Court decision to force out a Chinese port operator caps the Trump administration’s year-long effort to oust China from the strategic waterway.
The ruling comes as Trump and Rubio have raised concerns that communist Beijing is exercising undue influence over one of the ...
A contract held by a Hong Kong company to operate ports at the Panama Canal violated the Panama constitution and did not ...
Panama’s Supreme Court decision has strategic implications for the U.S., China and the fate of a $23 billion global ports deal ...
The ruling delivers a victory to President Trump, who has said he wants America to control the canal, and a blow to the longtime ports operator, CK Hutchison.
Danish firm Maersk will temporarily take over operation of two ports on the Panama Canal from Hong Kong company CK Hutchison, ...
CK Hutchinson, a Hong Kong-based multinational with ties to Beijing, had been operating the ports for more than 20 years.
The project aims to increase the Panama Canal's transshipment capacity to up to 6.0 million TEUs per year, and boost its capacity to transport propane, butane, and ethane.
The ruling injected fresh uncertainty into the Hong Kong conglomerate’s long-running effort to sell off the facilities.
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