Maersk to take over Panama Canal port operations from HK firmListen to this articleBalboa port on the Pacific side of the Panama Canal. (Photo: AFP)PANAMA CITY - Danish firm Maersk will temporarily take over operation of two ports on the Panama Canal from Hong Kong company CK Hutchison, whose concession has been annulled, the Panama Maritime Authority (AMP) said Friday. The United States on Friday welcomed the decision. He said foreign investors would likely be increasingly cautious about committing capital "to strategic infrastructure projects in the United States' backyard." Panama has always denied Chinese control over the 50-mile waterway, which connects the Atlantic and Pacific oceans and is used mainly by the United States and China.

Source: Bangkok Post January 30, 2026 22:01 UTC