Tag #Panama Canal

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Hegseth to Visit Panama Amidst Canal Tensions

U.S. Defense Secretary Pete Hegseth will visit Panama next week to meet with Panamanian leaders following accusations of Chinese interference in the Panama Canal; a U.S. firm now controls ports near the canal after a deal with a Hong Kong-based conglomerate.

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faz.net
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Maersk Acquires Panama Canal Railway, Expanding Shipping Services

Maersk's APM Terminals subsidiary acquired the Panama Canal Railway Company (PCRC), a 76km railway running parallel to the Panama Canal, for an undisclosed sum from Canadian Pacific Kansas City Limited (CPKC) and the Lanco Group; this expands Maersk's services and offers an alternative to canal tran...

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cnnespanol.cnn.com
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China Delays US Consortium's Panama Canal Port Deal Amidst Rising Tensions

China's antitrust regulators are investigating a US consortium's deal for two Panama Canal ports, delaying the agreement and highlighting US-China tensions; the deal, led by BlackRock, involves acquiring a majority stake in 43 ports globally.

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Li Ka-shing's Panama Canal Port Sale Angers Beijing

Hong Kong tycoon Li Ka-shing's CK Hutchison Holdings is selling its Panama Canal port assets to a consortium including BlackRock for almost $23 billion, angering Beijing and highlighting the challenges Hong Kong businesses face balancing loyalty to China with capitalist interests.

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Trump Seeks Military Options for Panama Canal Access Amidst Broader Strategic Shift

The Trump administration requested military options to guarantee US access to the Panama Canal, prompting a dispute with Panama's president who denies discussions on reclaiming the canal, amidst a broader strategic shift prioritizing border security and reducing the US military presence in Europe.

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cnnespanol.cnn.com
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China Criticizes Panama Canal Port Sale to BlackRock

China condemned the proposed sale of Panamanian canal ports to BlackRock, calling it a betrayal, causing a 6% drop in CK Hutchison's stock price and raising questions about the deal's future despite analysts believing Chinese approval may not be required.

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Panama Approves Pipeline Project to Enhance Canal Efficiency

Panama's Canal Authority approved construction of an 80km pipeline to transfer liquefied petroleum gas between the Caribbean and Pacific coasts by April 4th, 2025, enhancing efficiency, addressing projected demand increases, and strengthening the Canal's long-term competitiveness.

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China Halts Sale of CK Hutchison Ports Amidst Geopolitical Tensions

China's antitrust investigation halts the sale of CK Hutchison's 43 foreign ports to a BlackRock-led consortium, jeopardizing a deal involving key Panama Canal ports and raising concerns about Chinese supply chains and potential higher port fees for Chinese vessels.

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theglobeandmail.com
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CK Hutchison Halts Panama Canal Port Sale Amid Beijing Pressure

CK Hutchison will not sign a deal to sell its Panama Canal port operations to BlackRock next week due to pressure from Beijing, despite a March 4th announcement and expected April 2nd signing, jeopardizing a $19 billion deal covering 43 ports across 23 countries.

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US Tariffs on Mexico Worry China, Threatening Global Trade

US tariffs on Mexican imports worry China, potentially forcing developing nations to choose between US and Chinese trade, impacting global supply chains and geopolitical stability. China's exports to Mexico are eleven times greater than imports, and the US might use tariffs to pressure Mexico to clo...

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Trump Reaffirms Greenland Annexation Plans Amidst NATO Concerns

US President Donald Trump reiterated plans to annex Greenland during a White House meeting with NATO Secretary General Mark Rutte, citing concerns about increasing Russian and Chinese activity in the Arctic; Rutte expressed reservations, while Greenland's government strongly opposes the annexation.

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Trump Seeks Military Options for Panama Canal Access, Shifts US Strategic Priorities

The Trump administration requested military options for unrestricted US access to the Panama Canal, prioritizing border security and reducing European military presence while increasing support for Israel and Arab Gulf states, prompting strong denials from Panama's president.

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Showing 1 to 12 of 210 results