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Story summary
- On April 15, 2026, China ordered A.P. Moller–Maersk and the Mediterranean Shipping Company (MSC) to halt Panama Canal operations.
- Directive followed a meeting with China's state planner warning against actions harming Chinese interests.
- Panama granted an 18-month concession for terminals.
- APM Terminals will manage Balboa and MSC's TIL Panama will operate Cristóbal.
- Episode followed CK Hutchison's plan to sell 43 ports to a group led by BlackRock and MSC.
