Panama’s decision to invalidate port contracts with a Hong Kong-based conglomerate is sending shock waves through global port investment, analysts warn, creating a destabilising precedent amid rising geopolitical fragmentation.
Tensions are escalating in the Central American nation following a top court’s ruling that voided CK Hutchison Holdings’ port concession – a long-term agreement granting rights to operate a port – from the 1990s as “unconstitutional”.
The local port authority later said that APM Terminals, the terminal arm of Danish shipping and logistics giant Maersk, would serve as
Our editorial team includes several staff writers, each contributing their specialized knowledge to enhance the depth and breadth of our event and story coverage.