Panama president says ports will operate without disruption after court ruling

Panamanian President Jose Raul Mulino said that despite the significance of the Supreme Court decision to annul key port contracts held by a subsidiary of Hong Kong-based CK Hutchison (0001), ports in the country will operate without disruption.

Mulino also said that APM Terminals Panama, a Maersk subsidiary, has shown willingness to temporarily take over the operation of the terminals and assured that there will be no layoffs.

Reuters