Hong Kong’s CK Hutchison Holdings has vowed to pursue all possible legal action, both domestically and internationally, to protect its interests, calling Panama’s move to take over its two ports unlawful. The conglomerate, led by the family of Hong Kong tycoon Li Ka-shing, issued the warning in its second statement in a week after the…
Hong Kong’s CK Hutchison has condemned the uninvited takeover of its Panama port by the country’s authorities, calling it unlawful and the “culmination of a campaign” against its subsidiary that operated the terminals. The conglomerate, led by Hong Kong tycoon Li Ka-shing’s family, issued its statement on Tuesday, a day after Panama’s Maritime Authority acted…
The Panamanian government on Monday issued a decree ordering the occupation of two ports at the entrances of the Panama Canal, a move triggered by a final Supreme Court ruling that declared the operating concession held by the Hong Kong-based company CK Hutchison unconstitutional. The decree authorises the Panama Maritime Authority to occupy the ports…
Hong Kong’s CK Hutchison has vowed to pursue all available legal options to defend its interests after a Panama court last month nullified its right to operate two ports along the country’s canal, while acknowledging that keeping the operations running was beyond its control. The conglomerate headed by Hong Kong tycoon Li Ka-shing’s family said…
Hong Kong investors are reviewing their stakes in Panama amid a dispute over a concession held by a subsidiary of CK Hutchison to operate two ports in the country, the city’s leader has said, pledging to work with Beijing to push back. Chief Executive John Lee Ka-chiu on Tuesday also urged Panamanian authorities to ensure…
Hong Kong’s CK Hutchison could find it hard to secure compensation from Panamanian authorities over their decision to nullify its port operation, legal experts have said, noting that the arbitral tribunal it engaged lacks enforcement power and the issuance of damages may depend on the country’s own courts. The conglomerate, led by Hong Kong tycoon…
Hong Kong’s commerce minister has condemned a court ruling to annul CK Hutchison Holdings’ right to operate two ports in the Panama Canal – after summoning the country’s envoy in the city – warning the decision “seriously undermined” international trade rules. In a meeting with the Panamanian Consul General, Jose Ramon de Jesus Varela Fabrega,…
Panama is aiming to mitigate geopolitical risks and respond to US pressure by adopting a multi-operator model for its strategic canal after nullifying the concession granted to Hong Kong’s CK Hutchison to operate two of the ports, analysts have said. Panamanian President Jose Raul Mulino was reported to have vowed on Thursday that his country…
This aerial view shows the Taiwanese cargo ship Yang Ming sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. Martin Bernetti | Afp | Getty Images A simmering dispute over two container ports at either end of the Panama Canal risks becoming a geopolitical flashpoint between the…
President Mulino responds to China, insists his country upholds the rule of law and and has an independent court system. Published On 5 Feb 20265 Feb 2026 Click here to share on social media share2 Share Panama’s President Jose Raul Mulino has rejected China’s threat to make the Central American country pay a “heavy price”…