Key Metrics
10.83
Heat Index-
Impact LevelMedium
-
Scope LevelNational
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Last Update2026-02-24
Key Impacts
Positive Impacts (1)
Negative Impacts (8)
Event Overview
This event highlights a significant regulatory conflict between a national government and an international corporation. The unilateral action by the Panamanian government to take over port operations raises issues of legality, sovereignty, and corporate rights, potentially setting a precedent for future disputes.
Collect Records
Panama Government Takes Control of Two Ports Operated by Hutchison Whampoa
On the 23rd, the Panamanian government forcibly took over the Balboa and Cristobal ports, which were operated by Panama Ports Company, a subsidiary of CK Hutchison Holdings. The government assumed administrative and operational control and barred representatives of the company from entering. CK Hutchison Holdings deemed this action illegal, referring to it as an expropriation, and stated that it would pursue legal action.