After significant pressure was exerted by President Donald Trump, Chinese company CK Hutchison has agreed to sell its two ports on the Panama Canal to U.S. investment company BlackRock per a ...

The ongoing strike actions initiated by the union Verdi are set to impact the Nord-East Sea Canal significantly. Next week, the canal will be closed to all shipping traffic for three consecutive days, ...

The United States is one step closer to reclaiming a strategic foothold in the Panama Canal as a BlackRock-led consortium strikes a £17.92 billion ($23 billion) deal to acquire key port ...

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 ...

US President Donald Trump has hailed a deal led by US firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison, which includes assets along the Panama ...

Trump declared the U.S. was “reclaiming the Panama Canal,” drawing sharp criticism from Panamanian President Jose Raul Mulino, who refuted the claim, affirming the canal remains under Panama ...

The canal took 10 years to construct, opening for commercial traffic in 1914. According to the Panama Canal Authority, 9,936 transits occurred in the canal in the authority’s fiscal year 2024 ...

The deal will give the U.S. consortium control of key Panama Canal ports amid White House calls to remove them from what it claims is Chinese ownership U.S. President Donald Trump has hailed a ...

"Just today, a large American company announced they are buying both ports around the Panama Canal and lots of other things having to do with the Panama Canal and a couple of other canals," Trump ...

In his address to Congress on Tuesday, US President Donald Trump acknowledged the deal, which involves BlackRock's acquisition of two Panama Canal ports. "Just today, a large American company ...

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