News

The Chinese Embassy in Panama on Tuesday published a press release on Ambassador Xu Xueyuan’s recent meeting with Ricaurte ...
CK Hutchison's $23 billion deal to sell its global port assets, including Panama Canal terminals, to a U.S.-led consortium ...
Under the proposed sale, Hong Kong-based port operator CK Hutchison Holdings would hand ownership of more than 40 ports ...
The neutrality of the nearly 50-mile canal, through which nearly 15,000 ships transit each year, is enshrined in Panama’s Constitution and is enforced by the autonomous Panama Canal Authority.
If China’s alleged influence over the canal wasn’t halted, Trump threatened to “take back” the iconic waterway that the US returned to Panama in 2000, employing military force if needed.
China has expanded its presence considerably in the Panama Canal since former President Jimmy Carter sold the shipping lane to Panama for $1 in 1977, and is funding multi-billion dollar ...
The Panama Canal Authority’s revenue hit $3.38 billion last year, despite drought conditions, and revenue has increased every year since 2017.