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Panama court strikes down CK Hutchison port contracts

  • Panama’s Supreme Court declared CK Hutchison’s port contracts unconstitutional, clouding its $23bn port sale
  • Panama Ports Company strongly contested the ruling, saying it ‘lacks legal basis’
  • APM Terminals willing to temporarily operate Balboa and Cristobal after ruling is finalised, until new concession is awarded

  • News

The decision comes amid US-China rivalry over the strategic waterway and could force Panama to retender the terminals

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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