Ports
Total 24 Posts
BlackRock To Purchase Panama Ports from CK Hutchison
CK Hutchison, a Hong Kong company that owns and operates two key Panama ports, as well as many other ports across the globe, has reached an agreement in principle with private equity firm BlackRock to sell a significant portion of its port business.
Panamanian Government Pushes Forward on Hutchison Port Contract Review
The Panamanian Attorney General has weighed in on the constitutionality of his government's port contract with Hong Kong-based Hutchison Port Holdings, telling the Supreme Court it is "unconstitutional," and asking the Court "to confirm the unconstitutionality of the contract as a step toward terminating the
U.S. Congressional Hearing Addresses Chinese Port Investments in Americas
The U.S. House of Representatives' Committee on Homeland Security held a hearing today on "Examining the PRC’s Strategic Port Investments in the Western Hemisphere and the Implications for Homeland Security."
Cosco-Peru Port Dispute Investment Arbitration Initiated
A dispute between the Peruvian government and a Chinese company building a port in Peru has taken the first step towards an investment arbitration proceeding, although there is still time for the parties to work out their differences.
U.S. House Ports Hearing Raises Concerns about Chinese Cranes
At a Congressional hearing last week, Rep. Carlos Giménez (R-FL) continued his efforts to raise concerns about Chinese cranes operating at U.S. ports, pressing Biden administration officials on the seriousness of the threats.
Biden Administration Announces Port Cybersecurity Actions
In an Executive Order issued yesterday, the Biden administration announced a series of actions to address concerns related to the security of U.S. ports, with an emphasis on the threat posed by Chinese crane operators.
Australian Government Review Upholds Chinese Port Lease
On Friday, the Australian Department of the Prime Minister and Cabinet announced that, based on its review of the circumstances of the lease of the Port of Darwin, it would not vary or cancel a 99 year lease of the Port to Chinese company Landbridge Group.