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Hong Kong firm CK Hutchison initiates arbitration against Maersk over Panama port operations.
Hong Kong firm CK Hutchison initiated arbitration against Maersk over Panama port operations, alleging Maersk conspired with Panama to undermine their contract.
The arbitration follows Panama's seizure of the ports after a court ruled the concession unconstitutional, allowing Maersk and MSC to take over.
The dispute complicates CK Hutchison's $23 billion plan to sell its global ports to a BlackRock-led consortium.
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La firma de Hong Kong CK Hutchison inicia el arbitraje contra Maersk por las operaciones portuarias de Panamá.