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Hutchison ousted from Panama terminals as APMT and TIL take control

  • APM Terminals and TIL have taken interim control in Balboa and Colón respectively, after Panama’s supreme court voided Hutchison’s concessions last month
  • Government officials reportedly entered both terminals, took operational control and ordered Hutchison subsidiary Panama Ports Co to cease activity immediately
  • Hutchison alleges an unlawful, unannounced takeover and is preparing legal action

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APM Terminals and MSC’s TIL have assumed respective control of Hutchison’s affiliated terminals in the ports of Balboa and Colón after Panama annulled the Hong Kong-based operator’s long-standing concessions, sparking a potential legal battle over the abrupt state-led transfer of control

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