PANAMA CITY, March 13 (Reuters) - Hong Kong conglomerate

CK Hutchison's ( CKHUF ) Panama subsidiary is continuing to coordinate

with suppliers after the Panamanian government canceled its

contracts for the Balboa and Colon ports, the company said in a

statement on Friday.

The subsidiary, Panama Ports Company (PPC), has previously

said that Panama had unlawfully occupied facilities and seized

property.

"The State also stated that PPC's arrangements with

suppliers were concluded," it said in Friday's statement.