The Mexican government plans to build a railway corridor to compete with the Panama Canal, challenging the dynamics of ...
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and ...
The Panama Canal was built by the U.S. between 1904 and 1914. It serves as a shortcut between the Pacific Ocean and the Caribbean, dramatically shortening shipping routes from Asia to ports in the ...
Panama maintains that it has full control over the canal and that the Hong Kong-based group’s operation of the ports did not amount to Chinese control over the waterway, and that therefore the ...
The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell shares of its units that operate the ports to a consortium including BlackRock Inc., after President ...
Deal struck to bring ports on both sides of Panama Canal under American control A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the ...