Panama Ports Company, S.A. (PPC) has initiated arbitration proceedings against Maersk, alleging that the shipping company had taken control of its terminals near the Panama Canal and breached a long-term contract. The Port of Balboa 🏗️, formerly part of the… Read More »Panama Ports Company Starts Arbitration Against MAERSK
Panama may extend the temporary operating contracts for Balboa & Cristobal ports, which would mean continuity for APM Terminals Panama (Maersk) and Terminal Investment Limited (MSC). While the agreements, signed and endorsed on 23 February 2026, were structured with an… Read More »Possible Extension of Temporary Balboa & Cristobal Port Contracts
APM Terminals to Operate Ports During Transition Thursday last week, Panama’s Supreme Court of Justice declared the contract between CK Hutchison’s Panama Ports Company S.A. (PPC) and the State of Panama unconstitutional, annulling the decades long concession. PPC, a subsidiary… Read More »Panama Ports Concession Declared Unconstitutional
Last week Vincent Clerk, CEO of A.P. Moller – Maersk confirmed the group’s interest in investing in new ports in Panama 🇵🇦. He did that at the business meeting: Logistics in Transformation: Panama’s Bet on Growth and Innovation, organized by… Read More »MAERSK CEO Confirms Interest in New Port Development in Panama
APM Terminals has bought the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City Limited and Lanco Group/Mi-Jack. This announcement was made from The Hague (NL) today by APM Terminals, a subsidiary of Danish shipping company A.P. Moller –… Read More »APM Terminals Acquires Panama Canal Railway Company