CK Hutchison subsidiary lodges arbitration against Maersk over Panama ports takeover

CK Hutchison subsidiary lodges arbitration against Maersk over Panama ports takeover

A subsidiary of Hong Kong conglomerate CK Hutchison said on Tuesday it filed an arbitration against shipping giant Maersk, accusing the Danish group of seeking to replace its operations in the Panama Canal. The Panama Ports Company said in a statement that Maersk broke a contract by siding with Panamanian authorities in a dispute over […]

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