As HPH sues Panama for $2bn, will China revive plan for rival canal?
2026-03-09 17:34

As HPH sues Panama for $2bn, will China revive plan for rival canal?

by Hristijan Ivanov
As HPH sues Panama for $2bn, will China revive plan for rival canal?

"Hong Kong port operator Hutchison is claiming $2bn in damages from Panama after its two facilities in the country were seized by authorities last month.

Following the lock-out of Hutchison-owned Panama Ports Co (PPC) employees from the terminals at Balboa and Cristobal, and the subsequent temporary transfer of operations at the facilities to APM Terminals and MSC respectively, Hutchison said it had launched a case against Panama in the International Court of Arbitration." Read the original story at: The Loadstar.

Source: The Loadstar