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Panama Canal to Tender for New Port Construction & Operation: Report
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The Panama Canal is set to engage in discussions with companies on a competitive tender for the construction and operation of two new ports within the canal in 1Q26, Reuters reported, citing sources. It is understood that the canal is currently formulating a comprehensive expansion plan with an aim to enhance services related to cargo handling, including transshipment, storage, and natural gas transportation. Previously, the Panamanian government decided to terminate the 25-year concession held by CKH HOLDINGS (00001.HK) for the Panama Ports Company. AAStocks Financial News |
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