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Stock impact report

Panama cancels China-linked port deal, hands canal terminals to Maersk, MSC [CNBC]

A.P MOLLER-MRS UNS/ADR (AMKBY) 
NASDAQ:AMEX Investor Relations: investor.maersk.com/investor-relations
Company Research Source: CNBC
Interim operations of the ports were transferred to A.P. Moller-Maersk and Mediterranean Shipping Co. The Panama court's ruling was seen as a major victory for the U.S. In this article This aerial view shows a cargo ship sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. Martin Bernetti | Afp | Getty Images Panama annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison in its official gazette Monday, transferring interim operations of the ports to Danish shipping giants A.P. Moller-Maersk and Swiss-based Mediterranean Shipping Co. The notice formalized a Supreme Court ruling last month that the concessions for the Balboa and Cristobal terminals near the Panama Canal, which Panama Port Company, a subsidiary of CK Hutchison, had held for more than two decades, were unconstitutional. The Panamanian government on Monday formally assumed control of the port facilities, including cranes, vehicles, computer systems a Show less Read more
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