A $23 Billion Deal Just Decided Who Controls the Panama Canal

Money Maps732 viewsJune 12, 2026Short

China never owned the Panama Canal — but a Hong Kong firm, CK Hutchison, quietly ran the ports at BOTH ends since 1997. Then came a $23 billion deal by BlackRock and MSC to flip them to US-allied hands. Beijing called it "kowtowing." State-owned Cosco demanded a majority stake. Then Panama's Supreme Court ruled the concession unconstitutional and handed the ports to Maersk and MSC. Control of 5% of all world trade — and 40% of US container traffic — is still up for grabs. New map every day. Subscribe to Money Maps for more geopolitics. #PanamaCanal #China #USA #Geopolitics #Trade #Shipping #BlackRock #Maersk #CKHutchison #SupplyChain #Cosco #Trump #Shorts #MoneyMaps

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