When the region experiences droughts, as it did in 2023–2024, the resulting water shortages can lead to increasing water ...
APM Terminals has purchased the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City (CPKC) and the Lanco Group/Mi-Jack.
But the deal hailed by Donald Trump as a way to regain American control of the Panama Canal seems to get more complicated by ...
Trump wants control over the canal, which is key for transporting U.S. petroleum products to growing Asia markets.
No agreement has been signed so far, with Hutchison, BlackRock still negotiating amid Beijing's antitrust probe and legal ...
Danish shipping powerhouse A.P. Moller-Maersk A/S purchased a railway linking ports at both ends of the Panama Canal, ...
Canadian Pacific and the Illinois-based conglomerate have equally owned Panama Canal Railway Co. since it was formed in 1998. The Panama company last year generated revenue of $77 million and earnings ...
China’s antitrust regulator announced it will review Hong Kong conglomerate CK Hutchison’s planned sale of strategic Panama Canal ports to a BlackRock-led consortium, throwing the ...
President Trump has championed the deal, calling it a significant step in bolstering hemispheric defense and reducing China’s ...
The U.S. acquired the rights to build and operate the Panama Canal in exchange for US$10 million and annual payments of $250,000. Later, the Torrijos-Carter Treaty in 1977 committed the U.S. to ...
When Hong Kong-listed conglomerate CK Hutchison announced it was selling its two port concessions on the Panama Canal to a US ...