HONG KONG – A subsidiary of a Hong Kong-based conglomerate started arbitration proceedings against Danish logistics and port group Maersk, accusing the company of aligning with Panama in a scheme to take over its port operations on the Central American country’s critical canal.

The Panama Ports Company, a unit of Hong Kong’s CK Hutchison Holdings, said in a statement dated Tuesday that Maersk A/S had undermined a contract over the Hong Kong company’s operations of ports at either end of the Panama Canal in order to pave the way for a new operator affiliated with Maersk to take over the Balboa terminal.

kAm%96 4@>A2?J D2:5 E96 2C3:EC2E:@? H:== 36 96=5 😕 {@?5@?[ 3FE 5:5?VE 6IA=2:? H92E C6>65J :E H2D D66<:?8] r@>A2?J 2C3:EC2E:@? 😀 2 5:DAFE6 C6D@=FE:@? AC@46DD 😕 H9:49 2 ?6FEC2= E9:C5 A2CEJ 564:56D 4@CA@C2E6 4@?7=:4ED]k^Am

kAmx? u63CF2CJ[ !2?2>2’D 8@G6C?>6?E D6:K65 4@?EC@= @7 E96 q2=3@2 2?5 rC:DE@32= A@CED 27E6C E96 4@F?ECJ’D $FAC6>6 r@FCE k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^A2?2>2\42?2=\A@CED\FD\49:?2\3d76b4544`746cd537`3_gcb2ea_gb_2Qm564=2C65k^2m 62C=:6C E92E 2 4@?46DD:@? 2==@H:?8 E96 !2?2>2 !@CED r@>A2?J E@ CF? E96 A@CED H2D F?4@?DE:EFE:@?2=] %96 CF=:?8 5C6H 324<=2D9 7C@> r9:?2]k^Am

kAm%96 !2?2>2?:2? 8@G6C?>6?E =2E6C 2==@H65 DF3D:5:2C:6D @7 |26CD< 2?5 E96 |65:E6CC2?62? $9:AA:?8 r@>A2?J E@ E2<6 @G6C @A6C2E:@?D 2E E96 EH@ A@CED]k^Am

kAm!2?2>2 !@CED r@>A2?J k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^A2?2>2\A@CED\4<\9FE49:D@?\23C:EC:3FE:@?\49:?2\“34e5e`d`gbabe3`e6fg5e62fdacdf_QmDE2CE65 2C3:EC2E:@?k^2m AC@4665:?8D 282:?DE !2?2>2 😕 u63CF2CJ] x? =2E6 |2C49[ :E 6IA2?565 :ED 4=2:>D[ D2J:?8 52>286D 92G6 6D42=2E65 36J@?5 k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^A2?2>2\42?2=\A@CED\49:?2\FD\2C3:EC2E:@?\ef3_6gecb7e2ad7_aff36_33ag2753fbQmSa 3:==:@?k^2m]k^Am

kAmxE D2:5 @? %F6D52J E92E :ED 4=2:> 282:?DE |26CD< 😀 D6A2C2E6 7C@> :ED @?8@:?8 DE6AD E@ 9@=5 !2?2>2 244@F?E23=6 7@C H92E :E 42==65 “2?E:\4@?EC24E 2?5 2?E:\:?G6DE@C 4@?5F4E]”k^Am

kAm|26CD< D2:5 :E 5@6D ?@E 36=:6G6 :E 😀 =:23=6 7@C E96 4=2:>D 2?5 H:== 255C6DD E96> “:? E96 2AAC@AC:2E6 7@CF>[Q H:E9@FE 6=23@C2E:?8]k^Am

kAm%96C6 H2D ?@ :>>65:2E6 4@>>6?E 7C@> !2?2>2VD 8@G6C?>6?E]k^Am

kAm%96 =682= 24E:@?D 4@F=5 7FCE96C 4@>A=:42E6 rz wFE49:D@?VD k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^9@?8\A2?2>2\A@CED\9FE49:D@?\49:?2\D9:?8\h654hh3ce66ef`5fe5be_5b3h35d_e52Qm:?:E:2= A=2?k^2m E@ D6== E96 3F=< @7 :ED 5@K6?D @7 8=@32= A@CED[ :?4=F5:?8 E96 EH@ !2?2>2 A@CED[ E@ 2 4@?D@CE:F> E92E :?G@=G65 &]$] :?G6DE>6?E 7:C> q=24<#@4< 😕 2 Sab 3:==:@? 562=]k^Am

kAm%96 D2=6 A=2?[ 7:CDE 2??@F?465 😕 |2C49 a_ad[ A=62D65 &]$] !C6D:56?E s@?2=5 %CF>A[ H9@ 92D k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^A2?2>2\42?2=\49:?2\FD\ECF>A\`g4e5_g6eb_hcdff2a2bd_`5c7c`hfeaQm2==6865 r9:?6D6 :?E6C76C6?46k^2m H:E9 E96 4C:E:42= D9:AA:?8 =2?6’D @A6C2E:@?D] qFE E96 A=2??65 D2=6 2AA2C6?E=J 2?86C65 q6:;:?8[ 2?5 r9:?2VD 2?E:ECFDE C68F=2E@C =2DE J62C D2:5 :E H@F=5 :?:E:2E6 2 C6G:6H @7 E96 562=]k^Am

kAm%96 A2CE:6D :?G@=G65 😕 E96 562= 92G6 D:?46 366? =@@<:?8 7@C H2JD E@ >@G6 7@CH2C5 H:E9 E96 D2=6[ :?4=F5:?8 4@?D:56C:?8 A=2?D E@ k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^4<\9FE49:D@?\=:\A2?2>2\A@CED\562=\9@?8\dfh5d_65_32b23d7d_`g6c45bb53f`_2Qm255 2 r9:?6D6 :?G6DE@Ck^2m E@ E96 4@?D@CE:F>]k^Am

k9C ^m

kAmpDD@4:2E65 !C6DD HC:E6C p=>2 $@=íD 😕 !2?2>2 r:EJ 4@?EC:3FE65 E@ E9:D C6A@CE]k^Am

Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.