PSA International (PSA) and SATS, a ground-handling and inflight catering service provider for Singapore’s airport, have agreed to collaborate on boosting Singapore’s status as a key multimodal transport hub.
Although global economic growth continued in the first half, political and economic uncertainties are nevertheless mounting, container manufacturer Singamas Container Holdings said.
PSA International has become the majority shareholder of Singapore-based trade facilitation services provider CrimsonLogic through an additional subscription of shares and share purchase from fellow Singapore government linked company Enterprise Singapore Holdings.
The president of MAWANI (Saudi Ports Authority) HE Saad Abdulaziz AlKhalb visited PSA’s Saudi Global Ports (SGP) recently, and shared his vision to develop the terminal with a commitment to high standards of productivity and customer service across its operations.
Amid the burgeoning cooperation between Singapore and French companies in the container shipping space, CMA CGM’s Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalization and innovation in the shipping and supply chain ecosystem.
The vehicle port handling unit of Indonesian state-owned port operator Pelindo II, Indonesia Kendaraan Terminal (IKT), is planning a listing aiming to raise at least IDR1trn ($71.5m) mainly for capital expenditure and to pay for long-term land leases.
In a tale that proves the adage that the truth can be stranger than fiction last week Panama’s National Assembly repealed the law granting terminal operator PSA’s concession in the country without anybody actually realising it had happened.