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🇵🇦🇺🇸🇨🇳Panama Seizes Canal Ports from Chinese Firm Panama has seized control of the Balboa and Cristobal ports on the Panama Canal from CK Hutchison, a Hong Kong-based Chinese firm. Panamanian authorities, reportedly under U.S. pressure, assumed administrative and operational control of the terminals. Maersk and MSC are slated to take over operations at the two key ports. Minas Tirith | 24/7 News channel