Country: Panama
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Panama Asks Chinese Shipping Giant Cosco to Return to Canal
Panama's government on Friday asked Chinese shipping giant Cosco to reconsider its suspension of operations at a Panama Canal port, the latest fallout from an ongoing disagreement between the United States and China over the waterway's oversight. Earlier this week, state-owned ...
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Panama Hopes China’s COSCO Will Resume Operations at Balboa Port, Minister Says
Panama's government hopes China's COSCO Shipping will reconsider its decision not to use the Balboa port at the entrance of the Panama Canal, the country's minister for canal affairs, Jose Ramon Icaza, said on Friday. Earlier this week, local newspaper La ...
China’s COSCO Shipping Suspends Operations at Panama’s Balboa Port, La Prensa Says
China's COSCO Shipping has suspended operations at Balboa port, which is located at the entrance to the Panama Canal, according to local newspaper La Prensa, which published a notice to clients from the shipping and logistics conglomerate. Balboa is one of the ...
Panama Officials Search CK Hutchison’s Local Office as Tensions Rise
Panamanian authorities searched the local ports unit of Hong Kong conglomerate CK Hutchison, the subsidiary said on Friday, escalating a rift over control of two key ports near the globally strategic Panama Canal. The search, carried out on Thursday, comes amid ...
U.S. Wants China Out of Latin America. Is that Even Possible?
The Panamanian government formally took over the two ports operated by Hong Kong-based CK Hutchison this week at both ends of the Panama Canal. U.S. officials celebrated the move as part of their larger effort to expel China from the Western ...
