Its location between the U.S., Russia and Europe ... About 40% of U.S. container shipping currently travels through the Panama Canal, according to the trade publication CargoNOW.
Trump and his team are right to recognize Panama’s strategic importance, but they are wrong in how they are approaching the ...
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 ...
(AP Photo/Matias Delacroix, File) Containers are stacked on a cargo ship moving through the Panama Canal’s Cocoli locks ...
Perhaps the recent fuss over the Panama Canal will deliver one worthy result: U.S. Navy ships won’t have to pay a fee to move through the isthmus that divides two oceans. If that’s the outcome ...
American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong Kong-based firm whose ownership had angered President Donald Trump.Trump said ...
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...