The conglomerate says the loss of two Panama Canal ports impacted its first-half performance, despite growth in other regions.
Key facts
- •CK Hutchison lost two Panama Canal ports after the government nullified their contract in late February 2026.
- •Overall throughput for the first half of the year reached 43.6 million TEUs.
- •Storage income grew by 8 percent, led by facilities in Oman and Pakistan.
- •Throughput excluding Panama increased by 3 percent year-on-year.
- •The company reported a slight benefit from the Middle East conflict despite regional shipping disruptions.
CK Hutchison Holdings reported that the forced termination of operations at two Panama Canal ports reduced its overall throughput by 1 percent during the first half of 2026. The company disclosed the impact in its half-year financial results released on Thursday, noting that the Panama government nullified the operating contract and seized the assets in late February.
By the numbers
Impact on Port Operations
The company recorded a total throughput of 43.6 million twenty-foot equivalent units (TEUs) for the six-month period, representing a 1 percent year-on-year decline. CK Hutchison stated that while it achieved an 8 percent increase in storage income, primarily driven by operations in Oman and Pakistan, these gains were offset by the loss of volume from the Panama terminals.
Growth in Other Markets
Excluding the Panama operations, the company’s throughput increased by 3 percent compared to the previous year. This growth was supported by terminal performance in Asian locations, including Shanghai and Yantian in Shenzhen. Additionally, the company noted a slight benefit from the Middle East conflict, despite ongoing shipment disruptions near the Strait of Hormuz.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by South China Morning Post.
