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Panama Canal chief warns sale of two ports to MSC could jeopardize canal's neutrality.
The Panama Canal's administrator, Ricaurte Vasquez, has warned that the sale of two Panamanian ports to a consortium led by Mediterranean Shipping Company (MSC) could threaten the canal's long-standing neutrality.
Concerns over this $23 billion global ports transaction include potential competition skewing and risks to Panama's market competitiveness.
MSC, a major shipping company, and the Panama Canal Authority have not yet commented.
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El jefe del Canal de Panamá advierte que la venta de dos puertos a MSC podría poner en peligro la neutralidad del canal.