The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance ...
China has sharply criticized a proposal to sell ports in the Panama Canal to American asset management giant BlackRock, attacking the deal as “spineless groveling” and a “betrayal” of the Chinese ...
The idea of the Kra Canal – a bypass for the Strait of Malacca – dates all the way back to 1677. But though the technical ...
Economic development scholar Ricardo Hausmann explains the history of the canal, Panama’s investment and development of the ...
The Panama Canal is exploring the construction of a pipeline to move liquefied petroleum gas across the trade passage, canal ...
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of ...
Operations at the Panama Canal are again in the news, as word comes that a Hong Kong-based conglomerate has agreed to sell its stake in two Panama ports to U.S. and Swiss investors. This, after ...
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and ...
The canal now carries more than 3% of global shipping trade. Managing it is an intricately complex feat. It’s “basically a water elevator,” said Ilya Espino de Marotta, deputy administrator ...
Back in 2017, Chinese President Xi Jinping integrated the canal into his Belt and Road Initiative. But under US pressure, Panama's government has now backed out of that project.
President Donald Trump has made repeated claims that China “operates” the Panama Canal in recent weeks and has threatened to take back the waterway to block what he sees as Beijing’s ...
His target? The Panama Canal. Trump tapped into a familiar set of grievances in his inauguration speech as justification for taking back the waterway, claiming that “American ships are being sev ...