CK Hutchison takes Panama to arbitration after court voids canal port rights
Move comes after Beijing called ruling self-sabotaging and warned Panama would pay heavy political and economic price

The conglomerate led by Hong Kong billionaire Li Ka-shing’s family on Wednesday said it strongly disagreed with the ruling by the country’s Supreme Court over the Panama Canal ports, which could take effect this month.
It said that its subsidiary, Panama Ports Company (PPC), had taken action against it.
“On February 3, 2026, PPC commenced, and will pursue vigorously, arbitration proceedings against the Republic of Panama pursuant to the applicable concession contract and the Rules of Arbitration of the International Chamber of Commerce,” the company said.
“The group continues to consult its legal counsel and reserves all rights, including recourse to additional national and international legal proceedings in the matter.”
In a separate statement on Wednesday, PPC laid out the legal grounds for the arbitration, citing a breach of contract by the Panamanian authorities.