--- title: "CK Hutchison subsidiary slams Panama over ‘unnotified intrusion’ at storage site" description: "A subsidiary of CK Hutchison Holdings has accused Panamanian authorities of an \"unnotified intrusion\" at its storage facility, undermining due process amid ongoing legal proceedings. The Panama Ports " type: "news" locale: "en" url: "https://longbridge.com/en/news/277306603.md" published_at: "2026-02-28T13:21:39.000Z" --- # CK Hutchison subsidiary slams Panama over ‘unnotified intrusion’ at storage site > A subsidiary of CK Hutchison Holdings has accused Panamanian authorities of an "unnotified intrusion" at its storage facility, undermining due process amid ongoing legal proceedings. The Panama Ports Company criticized the government's actions as an illegal takeover of two port facilities, violating constitutional and international obligations. Following a Supreme Court ruling declaring the ports concession unconstitutional, PPC expressed strong objections to the government's actions, including the seizure of proprietary information. The dispute highlights tensions in the geostrategic rivalry between the U.S. and China, particularly regarding control of the Panama Canal. A subsidiary of Hong Kong conglomerate CK Hutchison Holdings has accused Panamanian authorities of undermining due process by making an “unnotified intrusion” at a facility storing materials related to ongoing legal proceedings. The Panama Ports Company (PPC) on Friday accused the country’s government of creating a crisis, calling the “illegal takeover” of two port facilities at the Panama Canal a failure to comply with “constitutional, contractual and international obligations”. The former operator of the Balboa and Cristobal ports issued a statement a day after Panamanian media reported that local authorities had searched one of the company’s offices. Boxes of documents were seen being taken away during the raid. In a ruling last month, the Panamanian Supreme Court declared that a law approving the ports concession held by PPC was unconstitutional. PPC said on Friday that the company and its investors had strongly emphasised to the Panamanian government their objection to the “illegal takeover” of the ports and the “occupation” of its property, which included seizing “proprietary and legally protected information”. “PPC also specifically requested the state to establish clear coordination mechanisms regarding access to, custody and protection of its proprietary and privileged information as a private company, including information that is not relevant to the operation of the port operations,” it added. “Rather than any form of clarification or coordination of protection mechanisms, the state took even more extreme steps to take the property of PPC \[on Thursday\] through an unnotified intrusion on a private storage facility with proprietary and material subject to legal privilege compiled in the context of ongoing legal proceedings, demonstrating that the state has undermined due process as part of its takeover.” The company also slammed Panamanian authorities for multiple actions that it argued showed a failure to comply with its “constitutional, contractual, and international obligations, including in relation to the protection of investments, due process and legal security”. Such actions included orders by the Panamanian government to stop the operation of terminals at the two ports on Monday, as well as the “intrusive invasion” of PPC facilities, it said. “PPC and its investors expressly and continuously reserve all applicable rights related to this crisis generated by the Panamanian state,” the company said. Panama’s takeover caps a year-long dispute over control of the two ports on the key shipping route, which has become a flashpoint in the geostrategic rivalry between Washington and Beijing. United States President Donald Trump earlier vowed to “take back” the canal from what he claimed was Chinese control. The dispute also intersected with a separate attempt by CK Hutchison to sell more than 40 ports worldwide in a deal with a consortium led by US asset management giant BlackRock and shipping group MSC. The deal drew Beijing’s ire, and Chinese regulators subsequently launched a comprehensive antitrust review in late March 2025, effectively halting the sale. Reports also indicated that Beijing sought a greater role for state-owned shipping giant Cosco in any arrangement involving the Panama terminals. ### Related Stocks - [00001.HK - CKH HOLDINGS](https://longbridge.com/en/quote/00001.HK.md) - [CKHUY.US - CK Hutchison Holdings](https://longbridge.com/en/quote/CKHUY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | CK Hutchison Holdings 表示，巴拿马国家已接管了 PPC 码头 | 长和表示巴拿马国家接管 PPC 码头 | [Link](https://longbridge.com/en/news/277105461.md) | | 消息人士称，巴拿马官员搜查了长和 (ADR) 的子公司办公室 | 2 月 26 日：一位知情人士周四告诉路透社，巴拿马当局对香港综合企业长和（CK Hutchison）旗下的一家当地办公室进行了搜查。该人士表示，此次搜查与目前关于巴拿马运河港口的争议无关。巴拿马政府最近宣布取消长和在巴拿马运河两端运营两个 | [Link](https://longbridge.com/en/news/277128402.md) | | 巴拿马政府强行接管李嘉诚旗下港口，香港特区政府严正抗议：罔顾事实、背信弃义！ | 巴拿马政府于 2 月 23 日强行接管李嘉诚旗下的巴拿马港口公司运营的两个港口，香港特区政府对此表示强烈抗议，称此举违反合约精神，损害香港企业合法权益。特区政府强调将支持香港企业，并要求巴拿马政府提供公平的营商环境。长江和记重申该接管行为不 | [Link](https://longbridge.com/en/news/276701638.md) | | 存储 vs GPU | 过去六个月的业绩表现：SK 海力士 +300%，三星电子 +180%，英伟达 +8%。 而英伟达财报会改变这一局面吗？ | [Link](https://longbridge.com/en/news/276799944.md) | | 中国表示将在巴拿马法院命令接管后，维护 CK Hutchison Holdings 的权利和利益 | 中国外交部宣布将致力于保护长和的权益，此前巴拿马取消了该公司的港口合同。这家香港企业报告称，如果其员工不腾出位于巴拿马运河附近的两个战略港口，将面临刑事起诉的威胁，当前北京与华盛顿之间的法律争端仍在持续 | [Link](https://longbridge.com/en/news/276699470.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.