Ports and shipping lines are still struggling with some of the complexities brought about by mega-containerships and alliances according to PSA International chairman Fock Siew Wah.

Singapore celebrated the official opening of phases 3 and 4 of PSA’s Singapore Terminal’s Pasir Panjang Terminal (PPT) on Tuesday, 43 years to the day the first containership called in the Lion City.

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.

Singapore’s container throughput dipped in April both on a year-on-year and month-on-month comparison, according to preliminary estimates by the Maritime and Port Authority of Singapore (MPA).

PSA International has commercial started operations at its new joint venture terminal in Dammam, Saudi Arabia.

Cuba’s container terminal in Mariel [TC Mariel], that opened 27 January 2014 with the arrival of the US-based Crowley Marine’s K Breeze, is already reporting healthy cargo volumes, and is well placed to benefit easing of US restrictions with Cuba.

Leading Singapore maritime companies have paid tribute to the country’s founding Prime Minister Lee Kuan Yew who passed away early on Monday morning.

Global port operator PSA International recorded higher revenue but lower profit for 2014, with the group ceo Tan Chong Meng describing last year as “business unusual”.

Container terminal operator PSA International reported a 5.8% increase in volumes worldwide last year.

Chairman of terminal operator PSA Group, Fock Siew Wah, was conferred the honour of Commander of Order of the Crown by His Majesty King Philippe of Belgium last week.