The Panama Canal Authority has announced plans to enter the ports business by issuing a tender for two terminals. This development occurs amid escalating tensions between the United States and China over influence and control of the Panama Canal. The U.S. has accused China of exerting excessive influence over the canal, describing it as a threat to global security and commerce. These accusations were reiterated at a high-level maritime security debate at the United Nations, where China’s permanent representative, Fu Cong, refuted the U.S. claims, labeling them as unfounded and politically motivated. The dispute has drawn international attention, with the U.S. and China trading accusations at the UN, and former President Donald Trump reportedly focusing on the issue. Meanwhile, China positions itself as a defender of multilateral maritime governance. The Panama Canal Authority’s move to operate terminals directly is seen as a strategic step amid this geopolitical contest.