Explainer: How Supreme Court ruling upends regional shipping order

Port of Balboa / Photo: Hutchison Ports PPC

In a sweeping judicial decision that reverberates far beyond Central America’s shores, Panama’s Supreme Court has terminated the nearly three-decade control of two critical canal ports by Hong Kong-based CK Hutchison, clearing the path for Danish shipping giant Maersk to assume operations at chokepoints handling 6% of global maritime trade.

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