HomeAsiaPanama president says ports will operate without disruption after court ruling

Panama president says ports will operate without disruption after court ruling

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PANAMA ​CITY, Jan 30 (Reuters) - 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, 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.

(Reporting ​by Elida Moreno and ‌Aida Pelaez-Fernandez;)

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