HONG KONG : The controversy surrounding the deal by CK Hutchison, founded by Hong Kong billionaire Li Ka-shing, to sell its ports operations on both ends of the Panama
PANAMA CITY : Shipping could face a major disruption if Trump is not bluffing about taking back the Panama Canal. Hopes that the Hutchison sale would placate the
WASHINGTON : U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock (BLK.N), opens new tab to buy most of the $22.8 billion ports business of Hong
PANAMA CITY : A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including
DAVOS : “The Panama Canal was not a gift from the United States,” President Jose Raul Mulino said Wednesday, after US President Donald Trump threatened to take it
CAIRO : Granting Donald Trump’s demand for US ships passing through the Panama Canal to get preferential treatment would “lead to chaos,” the head of the authority running
GENEVA : Effective 1 January 2025, the Panama Canal Authority will introduce modifications to its Transit Reservation System, including adjustments to charges, changes in the tariff structure, and the
HOUSTON : Rates for shipping containers from east Asia and China to the US were flat to softer in the last week while global average rates rose by
PANAMA CITY : After two years of record drought conditions amid a challenging El Nino weather system which decimated vessel transits, the Panama Canal is experiencing a trade rebound. Ricaurte Vásquez, administrator
GENEVA : MSC Marie container ship crossed the Panama Canal and made a new record. It became the biggest capacity Neopanamax to transit the strategic waterway, overtaking the