The Latest Breaking News from the Panama Canal

A subsidiary of a Hong Kong-based company that has lost control of two critical ports on the Panama Canal says it is seeking $2 billion of compensation in damages from Panama over its “illegal” takeover of the ports

In late February 2026, the Panamanian government took control of two ports in the Panama Canal that had been operated by a Hong Kong conglomerate for two decades. The move is the latest in a long-simmering legal battle after Panama’s high court voided the company’s contracts.

Hong Kong's CK Hutchison say it's escalating its fight over the two Panama Canal ports that it operates

Panama’s Supreme Court has ruled that the concession held by a subsidiary of Hong Kong’s CK Hutchison Holdings to operate ports at either end of the Panama Canal was unconstitutional, an outcome that advances a U.S. aim to block any influence by China over the strategic waterway

Panama's Supreme Court has voided a major Panama Canal ports contract held by a Chinese-linked firm, a significant win for the 'Donroe Doctrine'. This ruling aligns with US efforts to curb Chinese influence over strategic trade routes, complicating Beijing's global commercial footprint and reinforcing US leverage. The decision stems from…

President Donald Trump brought back his administration's intention to take over the Panama Canal to the forefront of the conversation, saying the possibility is "sort of on the table."

He took office promising to annex Greenland and take back the Panama Canal. Now that he has ousted Maduro, other countries could be next

Itineraries include transatlantic, Caribbean and Europe

The vital commercial artery depends on a supply of fresh water to move ships between the two oceans. Drought conditions that were once rare could become common by the end of the century, greatly impacting the canal’s operation.