Cuba has completed construction of its first new railway in more than two decades on 1 July with the opening of the 65 km link between Havana and the port of Mariel, which provides access to the new container terminal.
There seems to be no end to troubles created by Pacific Basin's forays outside its core business, with the minor bulks specialist announcing a profit warning in line with its inability to divest its Australian-based PB Towage harbour and offshore...
Container terminal operator PSA International has been awarded a 30 year concession for the $1.6bn fourth terminal at India's Jawaharlal Nehru port (JN Port).
Panama government has given PSA-Panama International Terminal (PPIT) a 20-year concession that will allow the Singaporean company to expand its operations, according to Panama’s Official Gazette.
PSA Corporation and Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MOU) on Friday to extend their collaboration on developing next-generation technologies for Singapore's container terminal operations.
Container terminal operator PSA International handled 61.81m teu worldwide last year, growing 2.9% from 2012, and posting a net profit of SGD1.47bn ($1.16bn).
President Raul Castro and his Brazilian counterpart Dilma Rousseff inaugurated Monday the first phase of the container terminal at the port of Mariel, Cuba’s largest current infrastructure project, funded by Brazil.
PSA International has announced a 2013 total handling figure of 61.8m teu for their ports around the world.