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Panama’s President Rejects CK Hutchison Unit’s Claim of Missed Arbitration Deadline

He says Panama has appointed international counsel for the case.

A Panama Ports Company sign is seen over containers at the Balboa port in Panama City October 10, 2014. REUTERS/Carlos Jasso/File Photo

Overview

  • President José Raúl Mulino called Panama Ports Company’s assertion that the state missed a March 13 ICC filing deadline “outrageous” and “a lie.”
  • Mulino said the government is represented by international lawyers who will handle the arbitration.
  • In a subsequent statement, the government accused PPC of refusing to cooperate, concealing information, and obstructing a coordinated transition, labeling recent remarks “fallacious and libelous.”
  • CK Hutchison did not immediately respond to a request for comment on the government’s rebuttal.
  • Panama previously voided PPC’s Balboa and Cristóbal concessions after a court ruling and installed 18‑month interim operators, with APM Terminals at Balboa and TIL Panama of MSC at Cristóbal, a move widely viewed as curbing Chinese influence near the canal.