The exercise, code-named PANAMAX-Alpha Phase I and scheduled from July 13 to 18, was designed to "reinforce preparation for threats to the security of the Panama Canal and other strategic ...

Newsweek reached out to BlackRock and CK Hutchison via email for comment. Container ship COSCO Development is seen at the Agua Clara Locks in Colon, 56 miles from Panama City, on May 2, 2017.