Ports
Total 25 Posts
China Levies Port Fees for U.S. Vessels, Launches Investigations
The Chinese government escalated its trade conflict with the U.S. today, initiating reciprocal port fees on U.S.-affiliated vessels in direct response to recent U.S. levies against Chinese shipping. In addition, the government sanctioned five U.S. companies and launched a new investigation, signaling that further punitive
CK Hutchison Seeks Chinese Investor in Port Sale
Today, Hong Kong firm CK Hutchison, which operates vital ports around the world, announced a significant shift in its ongoing efforts to sell its port business, by bringing a Chinese investor into the consortium. This move underscores the complexities of divesting critical infrastructure in the current global climate.
Chinese Involvement with Australia's Port of Darwin Called into Question Again
Controversial from the start, a Chinese company's lease of the Port of Darwin became an issue during Australia's national elections in early May, and could be subject to a forced divestment.
China Market Regulator Warns Against Dodging Port Deal Probe
Over the weekend, China's market regulator warned against any actions to circumvent the ongoing antitrust investigation on the CK Hutchison port purchase.
Panamanian Government Finding Puts Port Deal in Jeopardy, New Purchasing Structure Being Considered
Recent developments related to the deal to sell two key Panamanian ports to an American private equity company have added new complications and complexity to the situation, leading to uncertainty as to the ultimate outcome.
Chinese Antitrust Review Stalls BlackRock Port Acquisition
A high-stakes global port deal is now in peril as Beijing's antitrust authority announced a formal review of the deal last week. This announcement has put a halt to the deal, and has far-reaching implications for Panama's strategic waterways and the global shipping industry.
CK Hutchison Deal Sparks "Extensive Discussion"
Hong Kong's CK Hutchison finds itself at the center of a growing international controversy over its deal to sell its port business, including assets in Panama, to a U.S. firm. The transaction has sparked "extensive discussions" in Hong Kong, underscoring the delicate balance between global