CK Hutchison Files $2 Billion Arbitration Against Panama Over Port Seizure

Following a Supreme Court ruling that allowed the Panamanian government to seize control of the Balboa and Cristobal ports, CK Hutchison has launched a $2 billion international arbitration claim against the state.

6 articles·February 24 – March 6, 2026

Key Points

Panama's Supreme Court ruled the port concession contracts held by CK Hutchison are unconstitutional due to legal and procedural flaws.
The government seized control of the Balboa and Cristobal ports following the court's decision to void the operating agreements.
CK Hutchison's subsidiary, Panama Ports Company, initiated international arbitration to seek $2 billion in damages for the state takeover.

6 News·Fri, Jan 30 – Today

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