CK Hutchison threatens legal action against Maersk as Panama Canal ports dispute escalates [MSNBC.com]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: MSNBC.com
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 ImagesHong Kong's CK Hutchison Holdings has threatened legal action against Danish shipping giant A.P. Moller-Maersk after Panamanian authorities tapped the group to temporarily take over operations of two strategic ports at either end of the Panama Canal.In a statement on Thursday, CK Hutchisonwarned A.P. Moller-MaerskThesimmering disputeAfter U.S. President Donald Trump alleged last year that China was "running the Panama Canal," CK Hutchison negotiated a $23 billion deal with a BlackRock-led consortium to sell its non-Chinese port subsidiaries. Beijing swiftly intervened, describing the sale as"kowtowing"Tensions intensified last month when Panama's Supreme Court ruled that the concession held by a CK Hutchison subsidiary to operate the two ports was"unconstitutional."CK Hutchison on Thursday alsonotified Panam
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News
- U.S.–China proxy battle over Panama Canal ports set to intensify as CK Hutchison warns of legal action [MSNBC.com]MSNBC.com
- CK Hutchison threatens legal action against Maersk as Panama Canal ports dispute escalates [CNBC]CNBC
- Trump invites Latin American leaders for a summit in Florida, ahead of his trip to China [Los Angeles Times (CA)]Los Angeles Times
- Hong Kong's CK Hutchison warns of legal action over Panama Canal ports [Los Angeles Times (CA)]Los Angeles Times
- Hong Kong's CK Hutchison warns of legal action over Panama Canal ports [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The