Panama ends a historic port concession around the canal

A major judicial decision in Panama has officially ended the concession operated by Panama Ports Company on the strategic terminals of Balboa and Cristobal. The publication of the judgment in the official gazette makes the measure immediately applicable, leading to the cessation of operations by the historical operator.
The Panamanian authorities are temporarily taking control of these key infrastructures, while new logistical players are positioning themselves to ensure the continuity of operations. This decision could permanently influence maritime flows around the canal, one of the most important commercial routes in the world.
The post Panama ends a historic port concession around the canal appeared first on The Logistic News.
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