Panama Ports is a subsidiary of Hong Kong billionaire Li Ka-shing’s CK Hutchison Holdings. Read more at straitstimes.com.
Newly inaugurated U.S. President Donald Trump is pushing to "take back" the Panama Canal, the world's second busiest interoceanic waterway.
Panama has complained to the United Nations over US President Donald Trump's "worrying" threat to seize the Panama Canal, even as it launched an audit of the Hong Kong-linked operator of two ports on the interoceanic waterway.
China has fired back at President Donald Trump, dismissing his claim that Beijing has seized control of the Panama Canal as baseless and provocative. Newsweek reached out by email to a Trump representative and to Hutchison Ports, a Hong Kong–based port operator that controls ports near the canal, for comment.
Panama has reportedly submitted a formal letter to the U.N. rejecting Trump's statement about reclaiming the canal. The country's President José Raúl Mulino said in the letter, dated January 20, that the canal "is and will continue to be Panama's," the New York Times reported.
PANAMA : Panamanian authorities began an audit of the China-linked company that controls two ports adjacent to the Panama Canal, as President Donald Trump repeats threats to take over the waterway.
A U.S. Senator from Missouri has led several colleagues to introduce a resolution that would help American companies continue to ship through the Panama Canal without influence from the Chinese government.
The Panamanian comptroller's office that oversees public entities announced “an exhaustive audit" at the Panama Ports Company.
The Panama Ports Company will be audited to ensure ... The company, part of Hutchison Ports, a subsidiary of Hong Kong-based conglomerate CK Hutchison Holdings, operates the ports of Balboa ...
Cargo ships wait to transit the Panama Canal in Panama City, on June 28, 2024. - Matias Delacroix/AP/File Still, the Hong Kong-connected seaports have drawn scrutiny and national security concerns ...
PANAMA CITY (AP ... companies operating in the ports on either end of the canal were part of a Hong Kong consortium that won a bidding process in 1997. He added that U.S. and Taiwanese ...
PANAMA CITYPanama has complained to the United Nations over United States President Donald Trump's "worrying" threat to seize the Panama Canal, even as it launched an audit of the Hong Kong-linked operator of two ports on the interoceanic waterway.