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Balboa and Cristobal ports

Coverage of Balboa and Cristobal ports in the Nexus archive.

Earliest in view: Aug 20 · 03:48 UTCMost recent: Aug 20 · 03:48 UTC
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  • BUSINESSAug 20 · 03:48 UTCWPLG LOCAL 10 MIAMI
    Hong Kong conglomerate seeks $1.5 billion in damages from Panama for takeover of canal ports

    Hong Kong conglomerate CK Hutchison announced that it is seeking more than $1.5 billion in damages from Panama after the country seized two canal ports. The seizure of the Balboa and Cristobal ports occurred after Panama's Supreme Court ruled a concession held by a subsidiary to run these two ports was unconstitutional. CK Hutchison alleges that Panama breached an investment protection treaty through "sovereign acts" targeting the company's assets.

Balboa and Cristobal ports · Dossier · The Nexus