Singapore’s PSA and France’s CMA CGM have launched Phase 2 of their container terminal joint venture in Singapore on Monday, with the event graced by Francois Hollande, president of the French republic, and Khaw Boon Wan, coordinating minister for...
Singapore’s PSA International (PSA) posted a dip in profit while container handling volumes rose in 2016 compared to the previous year.
PSA Corporation (PSA) has inaugurated the PSA Living Lab in Singapore for the port and logistics industry, with close to SGD100m ($73.6m) committed to the initiative over the next three years.
Singapore’s PSA International has reported lower earnings in 2015 amid a challenging container shipping market hit by decreased demand and oversupply of capacity.
PSA International once again topped the global league table of container terminal operators in 2014 with throughput of 55.1m teu, an increase of 2.3m teu on 2013, although its global share fell marginally to 8.1%. The ranking of the world’s top...
PSA International (PSA) has signed a joint venture agreement with Beibu Gulf Port Group (BPG) and Pacific International Lines (PIL) to operate a new container terminal in Qinzhou city in China’s Guangxi province, set to open later this year.
Panama President Juan Carlos Varela was the guest of honour at the PSA Panama International Terminal (PSA Panama) expansion groundbreaking ceremony on Tuesday, on the west bank of the Pacific Panama Canal entrance.