US Monitoring Surge In China's Detention Of Panama-Flagged Vessels

US Monitoring Surge In China's Detention Of Panama-Flagged Vessels Authored by Aldgra Fredly via The Epoch Times, The U.S. Federal Maritime Commission on March 26 accused China of detaining Panama-flagged vessels in response to Panama’s termination of Hong Kong-based CK Hutchison’s concessions for two key ports. Panama’s Supreme Court ruled in late January that the concessions held by Panama Ports Company, a unit of CK Hutchison, for the Balboa and Cristobal terminals in the Panama Canal were unconstitutional. The ruling followed an audit by Panama’s comptroller, which alleged irregularities in the 25-year extension...