CK Hutchison Files Second Panama Claim Seeking $1.5 Billion
CK Hutchison has opened a second arbitration against Panama over the Balboa and Cristobal concession, claiming more than $1.5 billion for breaches of investment protection treaties.
CK Hutchison Port Earnings Rise Despite Loss Of Panama Terminals
CK Hutchison Holdings increased first-half earnings from its ports business despite losing its Panama operations, while disruption in the Strait of Hormuz diverted cargo to Sohar in Oman.
Panama says fewer ships detained in Chinese ports after agreement
Panama says the number of its flagged vessels detained for inspection in Chinese ports has fallen sharply following talks between the two governments, easing tensions that followed a canal ports dispute.
India and Panama strengthen maritime partnership
India and Panama have agreed to expand maritime cooperation across shipping, logistics, port development and digital innovation as both countries look to strengthen trade links.
Panama moves to take full control of its trans-isthmian oil terminal operator
Panama has launched a buyout of the remaining private stake in its trans-isthmian oil pipeline and terminal operator.
Panama arrests 26 Balboa port workers over cocaine trafficking
Panamanian authorities have arrested 26 workers at the port of Balboa, accused of turning Latin America's leading transshipment hub into a cocaine trafficking channel.
US regulator warns on China's detention of Panama-flagged ships
A US maritime regulator has renewed warnings over China's detentions of Panama-flagged vessels, raising the prospect of measures against Chinese-controlled carriers in US trades.
Panama Canal trims vessel draft, reviving memories of the drought crisis
The Panama Canal Authority will cut the neopanamax draft limit to 49.5 ft from 3 July, citing Gatun Lake levels and El Niño risk and reviving 2023-24 drought fears.
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