CK Hutchison Files Arbitral Claim Against Maersk Over Panama Terminals
CK Hutchison, the Hong Kong-based ports giant, has filed an arbitral claim against AP Moller-Maersk. The case expands on an earlier arbitral claim that Hutchison filed against the Panamanian government, alleging that it has illegally seized two of Hutchison's container terminal leases. Until this year, CK Hutchison was the operator of container terminals in Balboa and Cristobal, Panama, among dozens of its other global holdings. Following pressure from the Trump administration to reduce Chinese "influence" at the Panama Canal, the...
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