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Panama

The latest news, analysis and opinion on Panama. In-depth analysis, industry insights and expert opinion.

Capital

Panama City

Head of State

President José Raúl Mulino

Head of Government

President José Raúl Mulino

Containers sit at the Balboa terminal, formerly run by CK Hutchison’s Panama Ports, after the Panama government ordered the occupation of the port following a court ruling that the concession was unconstitutional. Photo: AP

China-Latin America relations

Panama rejects US pressure claims as it seeks to ease China tensions

Panamanian president looks to defuse issues with Beijing as South American country attempts to renew key China maritime agreement.

29 May 2026 - 6:19AMvideocam

Hutchison’s Panama ports deal

China warns against ‘third party’ influence as Panama Canal port dispute simmers

27 May 2026 - 7:56PMvideocam

China-Latin America relations

Panama encourages dialogue at UN as canal tensions with China simmer

27 May 2026 - 6:51AMvideocam

United States

US imposes fresh sanctions on Iranian exchange house, 19 ships from shadow fleet

The Treasury’s move came after Iran ‌said its latest peace proposal to the US involved ending hostilities on all fronts.

19 May 2026 - 11:37PM

US Secretary of Treasury Scott Bessent poses for a family photograph of G7 finance ministers and central bank governors ahead of a meeting on Tuesday. Photo: AFP

2026 Xi-Trump summit

Wary mood to mark Xi-Trump summit with irritants aplenty on both sides: analysts

Observers noted the number of recent strategic and trade blows, including the war on Iran, have not derailed the meeting from going ahead.

14 May 2026 - 1:50AMvideocam

Banking & finance

Investors bet CK Hutchison is exiting a mature sector at right time – once again

Disposal of VodafoneThree adds to Li family’s record of cycle-savvy moves, with investors weighing where war chest will flow next.

12 May 2026 - 7:00AM

South Korea

South Korea rejects Trump’s claim that ship ‘decided to go it alone’

Iran says it ‘firmly rejects and categorically denies’ allegations that it was responsible for the explosion on board the HMM Namu.

7 May 2026 - 3:18PMvideocam

The Panama-flagged HMM Namu is seen off the coast of Guangzhou, China, on January 5. Photo: HMM/Reuters

China-Latin America relations

Panama minister slams China ship crackdown, tells deputies in Beijing: push back

Foreign minister says court ruling must not be used as leverage against Panama’s merchant fleet as ship detentions mount.

6 May 2026 - 3:39AMvideocam

South Korea

South Korea rebuffs Trump’s ‘Project Freedom’ call after Hormuz ship fire

A UN mandate and a global coalition are required before Seoul joins Trump’s mission to reopen the strait, officials indicate.

6 May 2026 - 9:16AMvideocam

China-Latin America relations

Beijing backs Cuba, Chile reveals smuggling ring: Latin America relations reads

From a smuggling ring in Chile to rare earth wrangling in Brazil, here are highlights from the SCMP’s foreign correspondents in April 2026.

30 May 2026 - 5:09AM

People walk past a mural with the Cuban flag in Havana, Cuba, on April 15. Photo: EPA

Asean

Why Malacca Strait tolls are unlikely despite Indonesia’s maritime push

Indonesia, Malaysia and Singapore are united in upholding the principle of free passage but this must be ‘actively maintained’, analysts say.

28 Apr 2026 - 6:35PMvideocam

A worker walks past a liquefied natural gas tanker in the Malacca Strait on April 15. Photo: EPA

US, Israel war on Iran

Beyond Panama and Hormuz: 8 critical waterways under the global microscope

Amid US actions in the two major shipping channels, attention has shifted to the strategic importance and potential risks elsewhere.

21 Apr 2026 - 1:12AMvideocam

US, Israel war on Iran

Strait of Hormuz: is a Trump‑Iran joint venture really possible?

With regime change increasingly out of reach, the US president may pivot towards a business deal with Tehran’s fractured leadership.

9 Apr 2026 - 8:45PMvideocam

Crime in Hong Kong

Hong Kong customs seizes HK$280,000 worth of dried shark fins from Panama

Officers say goods declared as dried fish maw and weighed about 162kg.

3 Apr 2026 - 5:53PM

Officers found six boxes of suspected scheduled dried shark fins, weighing about 162kg in a shipment from Panama. Photo: Handout

China-Latin America relations

Rubio raises concerns over China’s detention of Panama-flagged ships

Panama’s decision to strip Panama Ports Company of its concessions is a test of US backing for countries challenging China, experts say.

3 Apr 2026 - 4:35PMvideocam

US Secretary of State Marco Rubio at the G7 Foreign Ministers’ meeting in Paris last month. Photo: Reuters

China-Latin America relations

US threats for Chile, China tariffs Mexico: 7 Latin America relations reads

From Panama Canal woes to an undersea cable scandal in Chile, here are highlights from the SCMP’s foreign correspondents in March 2026.

1 Apr 2026 - 11:00PM

China-Latin America relations

China denies retaliating against Panama ships, accuses Washington of canal grab

US body says Beijing’s inspections of Panama-flagged ships exceed historical norms and may be reprisals over ousted Hong Kong operator.

1 Apr 2026 - 1:07AMvideocam

Hong Kong economy

CK Hutchison expands Panama ports claim as losses ‘surpass’ US$2 billion

Subsidiary Panama Ports Company slams Panamanian government’s ‘attack campaign’ as it expands international arbitration claim over damages.

25 Mar 2026 - 9:12PM

Panama Ports Company, a subsidiary of Hong Kong conglomerate CK Hutchison Holdings, claims Panama’s seizure of its port concessions have resulted in damages of more than US$2 billion. Photo: AP

SCMP Highlights

China’s jet designer removed online; US warships’ Malaysia stop: 7 highlights

From US warships’ stop in Penang to Jollibee representing Southeast Asian brands globally, here are highlights from SCMP’s recent reporting.

20 Mar 2026 - 1:20PM

Hong Kong economy

Panama⁠ accuses CK Hutchison subsidiary of lying about arbitration response

President Jose Raul Mulino slams Panama Ports Company for accusing country of failing to file response to arbitration request.

20 Mar 2026 - 6:37PM

Hong Kong economy

CK Hutchison vows to pursue ‘all legal remedies’ over seized Panama ports

Group says diversified network could benefit from higher storage revenue as inventory demand rises amid Strait of Hormuz crisis.

19 Mar 2026 - 10:50PM

Cristobal port was seized by Panamanian authorities in February. Photo: AFP

Hong Kong property

Hong Kong’s CK Hutchison reports 7% gain in underlying profit

Diversified business mitigates impact of adverse developments including ‘legal conflict’ over Panama ports, chairman says.

19 Mar 2026 - 6:31PM

Flags fly outside Cheung Kong Center in Central on February 4, 2026. Photo: Jelly Tse

Hong Kong stock market

China-based Cosco Shipping Ports expects ‘limited’ impact from Iran conflict

Unit of Cosco Shipping reports 1.1 per cent profit increase on 6.2 per cent rise in throughput in 2025.

18 Mar 2026 - 8:31PM

Hong Kong economy

CK Hutchison subsidiary slams Panama for missing arbitration deadline

Panama Ports Company also confirms offices were raided by alleged ‘armed security forces’ and accuses authorities of disregarding rule of law.

17 Mar 2026 - 7:37PM

China trade

As shipping risks mount, Xi pushes international port alliance as fail-safe

A speech last year highlights Beijing’s focus on maritime rights – a concern analysts say will only intensify as threats to global shipping increase.

17 Mar 2026 - 12:22PM

Tensions flared between China and Panama last year over two ports, which Hong Kong-based CK Hutchison had operated on the Panama Canal for decades. Photo: AFP

China-Latin America relations

China wants Brazil’s biggest port terminal. Washington just said no

US consul-general Kevin Murakami told port executives the Santos megadeal should not fall into ‘unwanted hands’.

17 Mar 2026 - 3:12AMvideocam

Tecon Santos 10, a planned 621,000-square-metre container terminal in Brazil’s port city of Santos, is expected to boost the country’s capacity by 3.25 million TEUs under a 25-year concession. Photo: Reuters

China trade

Papers please: China raises pressure on Panama with ship inspection wave

Intensified inspections for Panama-flagged vessels – among the world’s most common registrations – retaliation for canal port seizure, source says.

16 Mar 2026 - 7:30PMvideocam

Hong Kong politics

Panama urges Chinese shipping giant Cosco to resume operations at canal

Minister for Canal Affairs Jose Ramon Icaza says Cosco’s 4 per cent of cargo transshipped in Balboa is ‘significant’ and hopes company returns.

15 Mar 2026 - 9:06PM

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