CK Hutchison to seek arbitration over Maersk

CK Hutchison’s Panama-based subsidiary, Panama Ports Company (PPC), is preparing to initiate arbitration proceedings against Maersk over the takeover of two strategic ports near the Panama Canal, according to a report by Reuters. The dispute centers on the Balboa and Cristobal terminals, located on the Pacific and Atlantic sides of the canal, respectively. PPC alleges […]

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