Panama court voids CK Hutchison port contracts

PANAMA CITY, Jan 29 (Reuters) - Panama's Supreme Court late on Thursday annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison 0001.HK, ruling that the contracts were unconstitutional and leaving the future of the operations along the Panama Canal unclear.

Panama Ports Company, a CK Hutchison subsidiary, has held contracts since the 1990s to operate container terminals at the canal's Pacific and Atlantic entrances, separate from the waterway's operations.