Panama officially scraps CK Hutchison contracts, handing canal ports to Maersk - Reuters
Panama officially scraps CK Hutchison contracts, handing canal ports to Maersk Reuters
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<a href="https://news.google.com/rss/articles/CBMi1wFBVV95cUxOQ2Z1UFZHaVJIbHNJdnBRakV6M2hnOWowZ05BNUhnQ3hhLUYxWXNHTkQ1VVlZTF8xb2xQeUZxazE4V3pPVExzZ3lESVBBcE92WnZOMmY2dVluR2hjNU9hWVlNajNwTzFDZVlTZU1OZktuN09ENy1CY3k2YllRSEZtVTdZR21HTmdFSGRldFB6bnNfRWVzc2NnQmcxTkloMTZmeVpyQ2pmcldSVXNuWmljbWhhQmQ1NzRmNjZWOTZVckkzNS00bHltRDR0Rms0bWZNRTVvUENfQQ?oc=5" target="_blank">Panama officially scraps CK Hutchison contracts, handing canal ports to Maersk</a> <font color="#6f6f6f">Reuters</font>
Panama's Supreme Court annulled key port contracts held by CK Hutchison, allowing Maersk's APM Terminals to temporarily take over operations at the Balboa and Cristobal terminals near the Panama Canal.
Following a Supreme Court ruling declaring the concession held by CK Hutchison unconstitutional, Panama's government has taken control of the Balboa and Cristobal ports, with Maersk's APM Terminals set to manage them temporarily.
Panama's maritime authorities have assumed control of two key canal ports from CK Hutchison after the company's concession was annulled, with Maersk's APM Terminals temporarily overseeing operations.
Panama's Supreme Court has annulled the port concessions held by CK Hutchison, allowing Maersk's APM Terminals to temporarily manage the Balboa and Cristobal terminals near the Panama Canal.
Panama's Supreme Court annulled key port contracts held by CK Hutchison, clearing the way for Maersk's APM Terminals to take over temporarily.
Panama's Supreme Court ruling has annulled key port contracts held by CK Hutchison, enabling Maersk's APM Terminals to temporarily manage the Balboa and Cristobal terminals near the Panama Canal.
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