Danish company will replace Hong Kong-based firm after Trump claimed strategic waterway was controlled by China.
The ruling comes as Trump and Rubio have raised concerns that communist Beijing is exercising undue influence over one of the most strategic waterways.
A contract held by a Hong Kong company to operate ports at the Panama Canal violated the Panama constitution and did not ...
The ruling delivers a victory to President Trump, who has said he wants America to control the canal, and a blow to the longtime ports operator, CK Hutchison.
Agence France-Presse on MSN
Maersk to take over Panama Canal port operations from HK firm
Danish firm Maersk will temporarily take over operation of two ports on the Panama Canal from Hong Kong company CK Hutchison, ...
Panama’s Supreme Court invalidated long-standing port concession held by a subsidiary of Hong Kong-based conglomerate CK ...
21h
Panama Canal ports will keep operating after court finds concession unconstitutional, president says
Panama’s president has vowed that critical ports at both ends of the Panama Canal will continue to operate without ...
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