Finance
Panama officials search CK Hutchison's subsidiary office, source says
Published by Global Banking & Finance Review®
Posted on February 27, 2026
1 min readLast updated: February 27, 2026
Tags:emerging markets
Quick Summary
Panama officials searched a CK Hutchison Panama unit’s office; a source said it is not tied to the ports dispute. The move follows a court decision annulling CK Hutchison’s Panama port contracts. (investing.com)
Panama officials search CK Hutchison unit's office; not tied to ports dispute
Search of CK Hutchison’s Panama Unit
Feb 26 (Reuters) - Panamanian authorities conducted a search of a local office belonging to a unit of Hong Kong conglomerate CK Hutchison office, a source familiar with operation told Reuters on Thursday.
Not Linked to Canal Ports Dispute
The person said the search was not related to the current dispute over the Panama Canal ports.
Background: Contracts Annulled
Panama's government recently annulled CK Hutchison's contracts to operate two port terminals at either end of the Panama Canal, a move that the company has disputed.
Reporting and Credits
(Reporting by Emily Green, Writing by Daina Beth Solomon)
Key Takeaways
- •Panamanian officials searched the local office of CK Hutchison’s Panama Ports Company on Feb. 26, 2026, according to local media. (investing.com)
- •A source said the search was not related to the dispute over the Panama Canal port concessions. (investing.com)
- •Panama’s Supreme Court annulled CK Hutchison’s port contracts on Jan. 29, 2026; the company disputes the ruling. (investing.com)
- •CK Hutchison’s unit has initiated international arbitration proceedings over the court decision. (investing.com)
- •Authorities have arranged interim operations at the Balboa and Cristobal ports with Maersk and MSC for up to 18 months. (icis.com)
Frequently Asked Questions about Panama officials search CK Hutchison's subsidiary office, source says
1What is the main topic?
Officials in Panama searched a local office of CK Hutchison’s Panama Ports Company. A source indicated the action is not connected to the ongoing ports dispute. (investing.com)
2Why is CK Hutchison in a dispute with Panama?
On Jan. 29, 2026, Panama’s Supreme Court annulled port contracts held by CK Hutchison’s unit. The company disputes the decision and has started international arbitration. (investing.com)
3Will port operations be affected?
Authorities have put temporary operators in place—Maersk and MSC—to keep the Balboa and Cristobal terminals running during a transition period. (icis.com)
