CK Hutchison warns Maersk over Panama port administration
Reuters
Feb 12
<a href="https://laohu8.com/S/CKHUF">CK Hutchison</a> warns Maersk over Panama port administration
Feb 12 (Reuters) - Hong Kong's CK Hutchison0001.HK said on Thursday that it has notified the Republic of Panama of a dispute over an investment protection treaty after A.P. Moller – Maersk said it was willing to assume temporary management of Panama's Balboa and Cristobal terminals.
The firm said in a statement that A.P. Moller – Maersk's (APMT) willingness to assume temporary operation of the two ports "would result in legal recourse against APMT and/or its affiliates involved" without agreement with CK Hutchison or its affiliates.
(Reporting by Shivangi Lahiri in Bengaluru; Editing by Mrigank Dhaniwala)
((Shivangi.Lahiri@thomsonreuters.com;))
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