PSA International is making its first major foray into the Yangtze Delta region of China acquiring a stake in a new terminal in Lianyungang owned China Shipping Container Lines (CSCL).

The unveiling of the P3 alliance’s planned port rotations sees the Port of Tanjung Pelepas (PTP) as the big gainer in terms of the three line’s Southeast Asian transhipment hubs on the Asia – Europe trade lane.

PSA International has taken a stake in a third terminal in Fuzhou, China. The Singapore-headquartered terminal operator has taken a stake of an undisclosed size in Fujian Jiangyin International Container Terminal (FJCT), making it the second...