For over 40 years, Capt. Efraín Hallax, 73, has been steering vessels through the canal, and he has seen it all, from a dictator’s fall to the rise of U.S. interest in retaking the waterway.
The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part of a $19 billion deal involving BlackRock.
A ship makes its way through the Panama Canal. Anel Flores, Panama’s controller general, said that he uncovered evidence that the Hong Kong conglomerate CK Hutchison was not licensed to operate two ports.
The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part of a $19 billion deal involving BlackRock.
The city’s chief executive said a deal between the Hong Kong conglomerate CK Hutchison and BlackRock, a major American investment firm, requires “serious attention.”
The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance giant, is under fire from Beijing.
An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been the subject of a dispute between President Trump and Panama.
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