Cosco suspends Balboa port calls amid escalating Panama dispute
- Cosco and OOCL have suspended all services at Balboa, rerouting cargo to Atlantic-side terminals run by SSA Marine and Evergreen
- The move comes one day after Beijing summoned Maersk and MSC in to discuss the Hutchison-operated terminal takeover
- Cosco has not stated a reason, but the timing suggests a link to the escalating China-Panama dispute
Cosco’s exit hands Balboa’s new operator a terminal but fewer ships to fill it
