Panama seizes control of canal ports, appoints Maersk and MSC.

2026-02-24 00:00

Panama has revoked port concessions held by Panama Port Company, a subsidiary of Hong Kong-based CK Hutchison, and transferred temporary operations of the Balboa and Cristobal terminals to APM Terminals, a part of A.P. Moller-Maersk, and Terminal Investment, the port operating arm of the Mediterranean.

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