Panama terminates Hong Kong group CK Hutchison’s canal port contracts: Who will operate Balboa, Cristobal terminals now?
Amid a row between the US and China, Panamanian authorities took control of two ports on the Panama Canal from Hong Kong conglomerate CK Hutchison. According to reutersPanama published an official gazette on Monday, citing a Supreme Court ruling that canceled key port contracts held by a subsidiary of CK Hutchison, known as Panama Ports…