Panama Canal ports deal at risk after China’s Cosco demands majority stake
BlackRock and shipping group MSC consider walking away from talks
BlackRock and shipping group MSC consider walking away from talks

State-owned shipping group has leverage over BlackRock and MSC as Beijing tries to rewrite terms of sale

European shipping groups took over canal concessions after Panamanian authorities ejected Hong Kong’s CK Hutchison

China’s state-owned shipping conglomerate Cosco in talks to join consortium

Move comes after Central American country ejected Hong Kong-based CK Hutchison from canal terminals

Operator says purchase of Hutchison assets poses risk to waterway’s compliance with US treaty with Central American nation

Hong Kong conglomerate escalates legal campaign over its ejection from canal terminals