onsdag 25. februar 2026

Panama seizes 2 key canal ports from Hong Kong operator following Supreme Court ruling

The Panamanian government seized two ports at the entrances of the Panama Canal on Monday according to a Hong Kong-based company that has operated them for decades, a move triggered by a final Supreme Court ruling that declared the company’s concession unconstitutional.

A decree issued Monday authorized the Panama Maritime Authority to occupy the ports for “reasons of urgent social interest,” including all movable property within or outside the Balboa and Cristóbal terminals and specifically naming cranes, vehicles, computer systems and software.

A statement from the operator, CK Hutchison, said it had ceased operations at the ports after government officials arrived and took them over, threatening criminal prosecution if the company did not comply.