US EditionHong Kong Lodges Protest After Panama Seizes Canal Ports
Panama seized control of the Panama Canal's Balboa and Cristóbal ports after its Supreme Court annulled CK Hutchison's concession, citing urgent social interest and job stability.
- On Monday, Feb 23, 2026, the Panamanian government ordered occupation of the Balboa and Cristobal terminals, authorizing control of cranes, vehicles, computer systems, and software.
- In January, the Supreme Court of Panama ruled the Panama Ports Company concession unconstitutional and annulled its June 2021 extension, with publication in the official gazette finalizing the decision.
- Panama approved two temporary concession contracts with AMP for 18 months, naming APM Terminals Panama for Balboa and TIL/MSC for Cristobal; Labor Minister Jackeline Munoz assured no layoffs for 1,200 employees.
- The seizure imperils a US$23 billion sale to a consortium including BlackRock and MSC, while CK Hutchison Holdings ceased operations and vowed to challenge the takeover at the International Chamber of Commerce .
- The two terminals handle nearly 4 million TEU annually, media reports say CK Hutchison seeks $2 billion in reported damages, highlighting Panama's role in U.S.-China rivalry after President Donald Trump's accusations last year.
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Panama Seizes Two Ports Operated by Hong Kong–Based Company, China Pissed
Already a subscriber? Make sure to log into your account before viewing this content. You can access your account by hitting the “login” button on the top right corner. Still unable to see the content after signing in? Make sure your card on file is up-to-date. Panama has seized two ports previously operated by a Hong Kong–based company after its Supreme Court ruled the deal unconstitutional. Some shit you should know before you dig in…
Panama Seizes China-Linked Ports Amid Trump-Beijing Dispute - Miami Independent
Please Follow us on Gab, Minds, Telegram, Rumble, Truth Social, Gettr, Twitter, Youtube Posted Zero Hedge Panama published a Supreme Court decision, issued in late January, that voided key port operations held by Hong Kong-based CK Hutchison. The Balboa and Cristobal terminals have become entangled in a legal dispute involving Washington and Beijing. The timing is important, as it comes about a month before President Trump's planned late-March…
Panama Takes Control of Key Canal Ports After Court Nullifies China-Linked Contracts
The government of Panama on Monday took administrative and operative control of two key Panama Canal ports following the Panamanian's Supreme Court ruling that annulled the contracts signed with a China-linked organization. The post Panama Takes Control of Key Canal Ports After Court Nullifies China-Linked Contracts appeared first on Breitbart.
The canal is of great economic and strategic importance as it connects the Atlantic with the Pacific Ocean.
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Nemos News NetworkPanama Seizes China-Linked Ports Amid Trump-Beijing Dispute
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