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CK Hutchison Panama's unit files arbitration against Maersk regarding ports takeover

Posted to Maritime Reporter on April 7, 2026

PPC of Hong 'Kong conglomerate CK Hutchison, a 'Panama' unit, has filed an arbitration 'against 'Maersk 'after taking over two strategic ports close to the Panama Canal, which are the centre of a 'legal battle' that has engulfed Beijing and Washington.

Panama cancels CK Hutchison's contracts and gives canal ports to Maersk

Posted to Maritime Reporter on February 24, 2026

Panama published a Supreme Court decision on Monday in its official gazette canceling a number of port contracts held by a subsidiary CK 'Hutchison. This cleared the way for a Maersk APM Terminals temporary takeover. This publication is the…

CK Hutchison threatens legal action if Maersk acquires Panama's Balboa and Cristobal terminals

Posted to Maritime Reporter on February 12, 2026

Hong ?Kong's CK Hutchison said on Thursday it has ?notified Panama of an investment-protection treaty dispute after A.P. Moller-Maersk has indicated that it is willing to temporarily take over the management of 'the Balboa and Cristobal terminals.

Panama's President says that port contracts won't be awarded to one operator

Posted to Maritime Reporter on February 6, 2026

The Panamanian president, Jose Raul Mulino, said 'on Thursday' that the concession contracts for operating?two ports operated by Hong Kong-based CK Hutchison Holdings over a period of nearly?three _decades would "never" be given to a single firm.

CK Hutchison initiates arbitration against Panama Canal Ports Contract ruling

Posted to Maritime Reporter on February 4, 2026

Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.

China describes the Panama court's ruling on CK Hutchison Port contracts as'shameful and pathetic'

Posted to Maritime Reporter on February 4, 2026

China has called the Panama court's decision to annul CK Hutchison’s contracts to operate a pair of Panama Canal ports as "absurd, shameful and pathetic" and vowed that it would defend Chinese interests. Panama's Supreme Court annulled last…

Bousso

Posted to Maritime Reporter on February 2, 2026

The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal, which was announced by President Trump and…

Court rules that contract with Hong Kong port operator violates Panama constitution

Posted to Maritime Reporter on January 31, 2026

The Panama Supreme Court ruled that a 'contract' held by a Hong Kong-based company to operate the ports of the Panama Canal was in violation of the Panama Constitution and did not serve the public interest. The court released its decision on Friday, but did not explain the reasoning behind it.

Kyiv claims that Russia has attacked Ukrainian Black Sea ports, civilian ships and naval vessels.

Posted to Maritime Reporter on December 30, 2025

Ukraine's navy and government officials said that Russia launched waves of?"drones" to attack port infrastructure in the Odesa region on Tuesday. The Ukrainian navy reported that two civilian ships, Emmakris III & Captain Karam, flying the flag…

Panama launches project to build a canal gas pipeline for the interoceanic energy Corridor

Posted to Maritime Reporter on September 3, 2025

The Panama Canal announced that during an official trip to Japan, President Jose Raul Mulino of Panama had begun a process for developing a new interoceanic gas pipeline energy corridor to serve the canal. The statement said that the pipeline would be the first project under this platform.

Panama Ports will discuss port sale with Panama Government

Posted to Maritime Reporter on August 1, 2025

Panama Ports Company said that on Friday it would communicate with the Panama Government at the appropriate time regarding the sale of two important ports it operates near to the Panama Canal. Hong Kong's CK Hutchison owns 90% of PPC. The company…

US sanctions on Iranian shipping network are major

Posted to Maritime Reporter on July 30, 2025

On Wednesday, the U.S. Treasury Department issued new sanctions against over 115 Iran linked individuals, entities, and vessels. This is an indication that the Trump administration has intensified its "maximum-pressure" campaign following June's bombing of Tehran's nuclear sites.

CK Hutchison eyes Chinese bidding partner for $22.8 billion port sale

Posted to Maritime Reporter on July 27, 2025

CK Hutchison announced on Monday that it is looking for a large strategic Chinese investor to join its consortium bidders in the $22.8 billion port business. This follows media reports that the state-owned China COSCO Shipping Corp. may be joining the group.

Russia is ready to provide LNG to Mexico

Posted to Maritime Reporter on June 21, 2025

The Russian Embassy in Mexico announced on Saturday that it was ready to share its energy technologies and supply Mexico with liquefied gas. "We already work with Mexico." "We have excellent LNG technology, and we're ready to share this technology and supply LNG too…

Ambrey Security says that the hijack call made by a ship near Iran was a false alarm

Posted to Maritime Reporter on May 21, 2025

Ambrey, a British maritime security company, said that a hijack signal sent by a Panamanian flagged petroleum products tanker near Iran was a false alert. Ambrey reported the incident on Tuesday, south of the busy Strait of Hormuz shipping lanes without naming "UAE-linked vessel".

Hong Kong's CK Hutchison ensures legal compliance in port deal

Posted to Maritime Reporter on May 12, 2025

Hong Kong's CK Hutchison announced on Monday that the closely monitored port deal it has negotiated will adhere strictly to all compliance standards. In March, the Hong Kong-based conglomerate controlled by tycoon Li Kashing agreed to sell the bulk of its global ports business worth $22.8 billion…

Trump's new ambassador in Panama casts China as a threat to frayed alliance

Posted to Maritime Reporter on May 8, 2025

The new US ambassador in Panama, who was appointed on Thursday, pledged to further strengthen the ties between the Central American nation and the United States while highlighting China as a threat to all. "My first priority will be to enhance…

Estonia releases a tanker bound for Russia

Posted to Maritime Reporter on April 28, 2025

Estonia released the oil tanker Kiwala that was detained for not having a valid flag. The Estonian Navy detained the tanker bound for Russia and boarded it on April 11, 2019. The tanker is believed to be a part of the so-called “shadow fleet”…

Panama: US acknowledges Panama's sovereign right over the canal

Posted to Maritime Reporter on April 9, 2025

Panama announced on Wednesday that the United States recognizes its sovereignty over the Panama Canal despite the harsh rhetoric of Washington. The two nations also announced an agreement to intensify U.S. Military Training in Central America. In the first Pentagon visit to Panama for decades, U.S.

Pentagon chief: US will take back the Panama Canal from Chinese influence

Posted to Maritime Reporter on April 8, 2025

U.S. Secretary of Defense Pete Hegseth told reporters in Panama on Tuesday that the United States would retake the Panama Canal back from Chinese influence. Hegseth promised to intensify security cooperation with Panamanian forces after talks with the government of Panama.
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