The week of February 23, 2026, marked a definitive and dramatic escalation in the long-simmering dispute over the crown jewels of Panamanian infrastructure: the container terminals of Balboa and Cristobal. In a swift and forceful action, the Panamanian government executed a final Supreme Court ruling, seizing physical control of the ports from the Hong Kong-based conglomerate CK Hutchison Holdings and its local subsidiary, Panama Ports Company (PPC).
