--- title: "CKH HOLDINGS' port company claims at least $2 billion from the Panamanian government, demanding the immediate return of confidential documents" type: "News" locale: "en" url: "https://longbridge.com/en/news/278196426.md" description: "CKH HOLDINGS' Panama port company has filed for international arbitration against the Panamanian government, claiming at least $2 billion for the illegal takeover of Balboa Port and Cristobal Port. The company demands the immediate return of the seized documents and materials, and accuses the Panamanian government of making false statements regarding the amount of compensation. CKH HOLDINGS stated that it will fully pursue its rights, not merely seeking symbolic compensation" datetime: "2026-03-07T04:28:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278196426.md) - [en](https://longbridge.com/en/news/278196426.md) - [zh-HK](https://longbridge.com/zh-HK/news/278196426.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278196426.md) | [繁體中文](https://longbridge.com/zh-HK/news/278196426.md) # CKH HOLDINGS' port company claims at least $2 billion from the Panamanian government, demanding the immediate return of confidential documents CK Hutchison's Panama Ports Company has initiated international arbitration against the Panamanian government regarding the illegal takeover of the Balboa and Cristobal container terminals, seeking at least $2 billion in compensation. According to a statement from the Panama Ports Company, the company has commenced international arbitration under the rules of the International Chamber of Commerce. The company claims that the Panamanian government made false statements regarding the $2 billion compensation amount in public statements. ## Demand for Immediate Return of Documents and Information The company has filed a legal claim against the Panamanian government's administrative decree issued on February 23, which ordered the forcible takeover of all company assets and proprietary, legally protected documents and information. The company demands the immediate return of the relevant documents and information. CK Hutchison has also submitted supplementary information regarding its earlier dispute notice under the bilateral investment treaty, indicating that the Panamanian government has refused to engage in further negotiations and has implemented the forcible takeover without transparency. ## Unyielding and Not Seeking Symbolic Compensation The statement indicates that the Panama Ports Company and CK Hutchison will remain unyielding and are not merely seeking symbolic compensation, but are pursuing all their rightful claims due to the Panamanian government's serious breach of contract and anti-investor actions. The Panama Ports Company and CK Hutchison reserve all legal rights and claims against the Panamanian government, its agents, and any third parties ### Related Stocks - [CKH HOLDINGS (00001.HK)](https://longbridge.com/en/quote/00001.HK.md) - [CK Hutchison Holdings Limited (CKHUY.US)](https://longbridge.com/en/quote/CKHUY.US.md) ## Related News & Research - [BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets, FT reports](https://longbridge.com/en/news/277563779.md) - [CK Hutchison submitted supplement to its previous notice of dispute against Panama State](https://longbridge.com/en/news/278052794.md) - [Adani Ports and Special Economic Zone Books 16% Increase in February Cargo Handling](https://longbridge.com/en/news/277460662.md) - [Adani Ports handles 42.5 mmt cargo in Feb'26](https://longbridge.com/en/news/277456792.md) - [UK self-driving startup Oxa raises $103mln to scale up at ports, airports](https://longbridge.com/en/news/277695703.md)