This aerial view shows a cargo ship sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. Martin Bernetti | Afp | Getty Images Panama annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison in its official gazette Monday, transferring interim operations of the…
The Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong. Martin Bernetti | Afp | Getty Images Panama’s top court has ruled against Hong…
A U.S. military helicopter flies over the Panama-flagged Centuries, which was intercepted by the U.S. Coast Guard, days after U.S. President Donald Trump announced a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, east of Barbados in the Caribbean Sea on Dec. 20, 2025. Department Of Homeland Security | Via Reuters The escalating…
The Panama Canal Authority is aiming to lure back lost energy trade with changes to its booking system for LNG tanker canal transits, and with a new natural gas liquids pipeline project offering energy and tanker companies an alternative to move the natural gas commodities across the critical global shipping gateway. Ricaurte Vásquez, administrator of…
After a historic drought that paralyzed vessel transits through the Panama Canal, the Panama Canal Authority is moving ahead with major investments in new infrastructure to mitigate future droughts and the risk of low water levels that in recent years plagued the key global trade gateway. The Panama Canal depends on fresh water for its…
As rising living costs and global economic uncertainty continue to strain many financially, some expats have found that moving overseas can be easier on their wallet. For the fifth consecutive year, Vietnam is the most affordable country in the world for expats, ranking first out of 46 destinations when it comes to personal finances, according to the 2025…
