The government is to begin an open tender process and award concessions to operate the ports to two separate firms, Mulino said. Earlier this month, CK Hutchison warned Maersk of legal action should the Nordic company’s terminal unit try to take over operations at the two ports. CK Hutchison yesterday said that it considers Panama’s takeover of the two ports, and the court’s earlier ruling, unlawful. Announced in March last year, it could net CK Hutchison more than US$19 billion in cash if completed. To win Beijing’s approval, CK Hutchison also earlier invited state-owned China Cosco Shipping Corp to join the buyer consortium.

Source: Taipei Times February 24, 2026 17:44 UTC