The sale of two ports near the Panama Canal to a global consortium led by Mediterranean Shipping Company (MSC) threatens the canal's principle of neutrality, the canal's head Ricaurte Vasquez told the Financial Times.
"There is a potential risk of capacity concentration if the deal comes the way it is structured as we understand right now,” Vasquez told the FT in a report published on Tuesday.
MSC is one of the world's top container shipping groups. MSC and the Panama Canal Authority did not immediately respond to a Reuters request for comment.
CK Hutchison confirmed last month that MSC, run by the family of Italian billionaire Gianluigi Aponte, was the main investor in a group seeking to buy 43 ports, including the two ports in Panama, for $22.8 billion.