The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports ...

A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...

A consortium of investors led by BlackRock has agreed to buy majority stakes in ports on both sides of the Panama Canal from ...

BlackRock, its recently acquired Global Infrastructure Partners, and Terminal Investment Limited are purchasing a 90% stake in CK Hutchinson's Panama Ports Company, which owns and operates the Balboa ...

BlackRock will purchase the ports of Cristobal and Balboa on the Atlantic and Pacific ends of the Panama Canal after President Trump raised concerns about Chinese influence.

The BlackRock-Terminal Investment Limited (TIL) Consortium has agreed the US$22.8m acquisition of 43 ports globally from CK ...

In 1996, Panama made a 25-year agreement to outsource management of the canal’s two entry ports — Cristóbal on the Atlantic side and Balboa on ... into the Canal Zone, where more than 40 ...

Spain sought a navigable route through Panama in the 1500s. Spanish conquistador Vasco Núñez de Balboa first spotted ... was recruited to the canal zone. Floods and landslides stymied efforts.

President Donald Trump has made repeated claims that China “operates” the Panama Canal ... Ocean end and Balboa at the Pacific Ocean end, image They sit at either end of the canal and have ...