The deal hands over more than 40 global ports owned by Hong Kong business magnate Li Ka-Shing to US asset manager BlackRock and Mediterranean Shipping Company.

The proposed sale includes two ports at the Panama Canal and more than 40 others around the world, all owned by Hong Kong-based CK Hutchison.

The joint exercise reinforced preparation for threats to the security of the Panama Canal and other strategic infrastructure.

Watch as a gigantic container ship skillfully navigates the super tight passages of the Panama Canal Child reportedly fell overboard on Disney cruise. Her dad jumped in after her. Here’s Trump ...

Key Takeaways Ships pay thousands of dollars each time they cross through the Panama Canal. The U.S. built the canal and operated it until 1999, when it was turned over to the government of Panama.

News from 2025 June 11: Panama Canal sees record container ship traffic in 2025. Find the latest news from the maritime industry on the PortNews website.

Ricaurte Vásquez, Panama Canal Authority administrator, said the concentration of ownership could disadvantage some shipping companies and upset the canal’s principle of neutrality between nations.

Analysts warned that pressure would only grow on container terminals as new ships come on stream, increasing the value of MSC’s newfound dominance if the Hutchison sale is confirmed.

China and the strategic Panama Canal are much on the minds of the western hemisphere security leaders and experts gathered at the 10th annual Hemispheric Security Conference at FIU.

The Panama Canal is owned by the Panama government, but is run like a private business. The Panama Canal Authority operates based on principles of supply and demand and provides a service to the ...

"American Ships, both Military and Commercial, should be allowed to travel, free of charge, through the Panama and Suez Canals!" Trump posted on Truth Social.