Story perspectives

PPC Expands Arbitration Claims Against Panama Over $2B Dispute

3/25/2026

Summary

Story summary

Panama Ports Company (PPC), a CK Hutchison Holdings subsidiary, expanded its international arbitration claims against Panama, alleging damages over US$2 billion from an illegal port takeover.
Panama gained control of terminals at Balboa and Cristóbal after a court ruled PPC's concession unconstitutional.
PPC accuses Panama of extreme actions, including occupation of facilities and seizure of documents, and warns of delays and asset misrepresentation, with arbitration under International Chamber of Commerce Court of Arbitration.

1 of 1

Story summary

Panama Ports Company (PPC), a CK Hutchison Holdings subsidiary, expanded its international arbitration claims against Panama, alleging damages over US$2 billion from an illegal port takeover.
Panama gained control of terminals at Balboa and Cristóbal after a court ruled PPC's concession unconstitutional.
PPC accuses Panama of extreme actions, including occupation of facilities and seizure of documents, and warns of delays and asset misrepresentation, with arbitration under International Chamber of Commerce Court of Arbitration.