Danish company will replace Hong Kong-based firm after Trump claimed strategic waterway was controlled by China.

PANAMA CITY: The Panamanian Supreme Court on Thursday annulled the concession allowing Hong Kong-based CK Hutchison to operate ports at the Panama Canal, a year after US President…

Lawsuit was brought before court in 2025 as US threatened to seize control of strategic waterway.

The ruling from Panama's top court is widely seen as a victory for the Trump administration, which is seeking to counter any Chinese influence in the region.

The move follows Donald Trump's previous claim the US was taking the crucial Panama canal "back" from China.

Panama’s president says strategic waterway will operate as normal after ruling that advances US policy aims

Danish company will replace Hong Kong-based firm after Trump claimed strategic waterway was controlled by China.