By Lewis Jackson and Jenny Su BEIJING, March 29 (Reuters) – Chinese state media attacked Hong Kong conglomerate CK Hutchison’s plan to sell its ports near the Panama Canal to a BlackRock-led group…
https://gcaptain.com/china-state-media-blasts-ck-hutchisons-panama-port-deal-in-soon-deleted-post/
CK Hutchison will not sign a deal as scheduled to sell its port operations near the Panama Canal to a U.S. investor and Swedish shipping line.
The Hong Kong conglomerate (OTC: CKHUF) controlled by billionaire Li Ka-shing on March 4 announced an agreement to sell control of its Hutchison Port Holdings marine terminals outside China to a consortium of BlackRock (NYSE: BLK) and TiL, the terminals arm of Geneva-based shipping firm MSC, for $23 billion. The announcement set an April 2 deadline to...
Hong Kong-based conglomerate CK Hutchison, headed by magnate Li Ka-shing, will not proceed with signing a deal next week to sell its two key ports at the Panama Canal to the MSC/BlackRock consortium, according to recent reports.
Although the signing of the agreement was initially scheduled for April 2, following an announcement on March 4, the delay does not imply the deal is off.
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However, the transaction has drawn criticism from Chinese...
https://container-news.com/ck-hutchison-pulls-back-from-panama-ports-sale/
Hong Kong conglomerate CK Hutchison, led by tycoon Li Ka-shing, will not sign a deal next week to sell its two strategic ports at the Panama Canal to a BlackRock-led group, the South China Morning Post reported on Friday.
https://gcaptain.com/china-halts-panama-port-sale-to-blackrock/
The Panama Canal Authority (ACP) is launching a dedicated low-carbon transit slot designed to support and reward its clients’ green agenda. Starting October 5, a weekly transit slot will be reserved only for neopanamax vessels that meet specific low-carbon emission requirements. Unlike previous...
https://splash247.com/panama-canal-earmarks-slot-for-greener-ships/
Chinese state media Ta Kung Pao has accused the owners of CK Hutchison of betraying the interests of the Chinese people, following the company’s announcement that it would sell its international terminal portfolio to a consortium of Blackrock and MSC subsidiary TiL.
Last week’s announcement that the US$22.8 billion deal was agreed in principle did not elicit an immediate response from Chinese authorities, however, Ta Kung Pao was demining in its assessment of the “spineless grovelling which...
https://container-news.com/li-family-accused-of-betrayal-in-hutchison-terminal-sale/
By Angus Whitley Mar 16, 2025 (Bloomberg) –Chinese authorities increased pressure on CK Hutchison Holdings Ltd. over its plan to sell its Panama ports stake by sharing a second newspaper commentary…
https://gcaptain.com/china-ramps-up-criticism-of-blackrock-ports-deal/
WASHINGTON — The Federal Maritime Commission may consider blocking foreign container ships from entering U.S. ports if it finds that the country in which they’re registered is causing choke points at various shipping locations around the world.
In a notice published on Thursday, the FMC announced it would be launching an investigation into transit constraints that the agency says could be creating unfavorable conditions for shipping in U.S. foreign trades.
The seven choke points targeted by the...
https://www.freightwaves.com/news/us-opening-investigation-into-container-shipping-choke-points
In a landmark deal announced on Tuesday, Hong Kong-based CK Hutchison will sell its 80% stake in Hutchison Ports Holding to a Blackrock-TiL consortium, positioning Mediterranean Shipping Company (MSC)—already the…
Hong Kong’s edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash sale of a Hong Kong-owned global ports business highlighting geopolitical volatility, executives and analysts said.
https://gcaptain.com/as-trump-hails-taking-back-of-panama-canal-hong-kong-inc-walks-tightrope/