Revive el tránsito inaugural por el #CanalAmpliado. Esta historia es tuya y la recordaremos juntos. #LaGranConexión pic.twitter.com/3Nwg5RTBpg
— Canal de Panamá (@canaldepanama) July 5, 2016
Time-lapse video filmed on board the MV COSCO Shipping Panama during the inaugural transit of the expanded Panama Canal, June 26, 2016.
Updated: July 6, 2016 (Originally published July 5, 2016)
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Hong Kong–based CK Hutchison Holdings said Friday it has intensified its legal response to Panama’s takeover of two key container terminals near the Panama Canal, escalating a dispute that has already drawn in major global shipping companies and geopolitical powers.
Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, clearing the way for Maersk's APM Terminals to take over temporarily.
Hong Kong-based CK Hutchison has escalated a legal fight over its Panama Canal port concessions, triggering treaty arbitration and raising uncertainty over operations at the Balboa and Cristobal terminals as Panama advances plans for a forced transition.
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