Panama orders control of canal ports operated by Hong Kong firm after Supreme Court ruling

The Panamanian government on Monday issued a decree ordering the occupation of two ports at the entrances of the Panama Canal, a move triggered by a final Supreme Court ruling that declared the operating concession held by the Hong Kong-based company CK Hutchison unconstitutional. The decree authorises the Panama Maritime Authority to occupy the ports for “reasons of urgent social interest”. The occupation includes all movable property within or outside the Balboa and Cristobal terminals,...

By Associated Press