Trump wants control over the canal, which is key for transporting U.S. petroleum products to growing Asia markets.
Gianluigi Aponte’s MSC has spent more than $40 billion buying everything from ships to hospitals. Then it teamed up with BlackRock to buy 43 ports from Hong Kong billionaire Li Ka-shing.
PANAMA CITY (Reuters) -The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will ...
"The Panama Canal was built by Americans for Americans ... Larry Fink, BlackRock CEO, framed the acquisition as an expansion of the company's global footprint: "These world-class ports facilitate ...
China’s presence in the Panama Canal has allowed Iran to take its ... Panama has been more than happy to accommodate China in its expansion of maritime power. China’s Landbridge Group acquired ...
The Panama Canal has authorized the opening of a bidding process for a new pipeline that will transport liquefied petroleum ...
When the region experiences droughts, as it did in 2023–2024, the resulting water shortages can lead to increasing water ...
Two-thirds of the Panama Canal watershed’s freshwater goes to operate the locks. The country plans to build another reservoir to funnel in more water, but hundreds of homes stand in the way.
"The Panama Canal is not in the process of being reclaimed ... said the CK Hutchison-BlackRock deal might encourage the expansion of port infrastructure in Panama. "The administration of ...
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