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Busan and PSA ink cooperation agreement

Busan and PSA ink cooperation agreement
Busan: PSA International and Busan Port Authority (BPA) have inked an agreement on strategic cooperation.

A memorandum of understanding was signed between BPA and PSA on Friday with an aim to strengthen bilateral exchange of information and ideas in port development, management and operations.

“I believe that this MOU will contribute to further economic growth not only between our two ports but also between Korea and Singapore,” said Lim Ki Tack, president of BPA.

PSA operates Pusan Newport International Terminal (PNIT) a joint venture with Hanjin.