Tag «PSA»

PSA, PFR AND IFM INVESTORS JOINTLY ACQUIRE THE DEEPWATER CONTAINER TERMINAL GDAŃSK (DCT GDAŃSK)

On 21 May 2019, following formal approval by the relevant competition authorities, PSA International Ptd Ltd (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF), advised by IFM Investors, have completed the transaction to jointly acquire DCT Gdańsk, the largest container terminal in Poland. DCT Gdańsk is one of the fastest …

PSA PARTNERS WITH ASHCROFT TERMINAL

TO PROVIDE INLAND TERMINAL SERVICES IN CANADA PSA International Pte Ltd (PSA) has through its wholly-owned subsidiary PSA Canada Holdings Ltd, signed an Investment Agreement with 611216 B.C Ltd (dba Ashcroft Terminal or AT) to acquire 60% of Ashcroft Terminal business in Western Canada. AT is an inland port facility located approximately 300 kilometres east …

PSA UNBOXED LAUNCHES SECOND CALL FOR ACTION IN SUPPORT OF CP4.0TM

PSA International (PSA)’s corporate venture capital arm PSA unboXed is sending out its second call for action for its incubator program, inviting start-ups and potential partners to propose technology solutions in support of PSA’s technology vision for the Port of the Future – CP4.0TM (Container Port 4.0TM). Mr Oh Bee Lock, Head of Group Technology, …

PSA INVESTS IN CHINA’S LARGEST INLAND RAILWAY CONTAINER TERMINAL NETWORK

PSA International (“PSA”) has invested in China United International Rail Containers Co., Limited (“CUIRC”), a Sino-Foreign joint venture with a mandate from the government of the People’s Republic of China to develop and operate 18 railway container terminals within the country. The investment makes PSA the only global terminal operator with shareholding in CUIRC currently, …

PSA EXPANDS PORT NETWORK IN CHINA WITH NEW PROJECT IN GUANGXI BEIBU GULF REGION

PSA International (PSA) established itself as the first and only Global Terminal Operator in the  Guangxi-Beibu Gulf region by signing a Joint Venture Agreement with Beibu Gulf Port Group (BPG) and Pacific International Lines (PIL) to operate a new container terminal in Qinzhou City (Guangxi Province, China) – BEIBU GULF-PSA International Container Terminal Co., Ltd (BPCT). …

PSA STARTS UP NEW TERMINAL IN DAMMAM

Saudi Global Ports LLC (SGP), a joint-venture company formed between the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia and PSA International (PSA) started its commercial operations this month, at the second container terminal in the King Abdul Aziz Port in Dammam, a key gateway port on the Arabian Gulf. On 23 April 2015, …

IPC, MITSUI, NYK LINE & PSA TO JOINTLY DEVELOP NEW CONTAINER TERMINAL IN JAKARTA

PT. Pelabuhan Indonesia II (Persero) (“IPC”), Mitsui & Co, Ltd. (“Mitsui”), Nippon Yusen Kabushiki Kaisha (“NYK Line”) and PSA International Pte Ltd (“PSA”) have agreed to jointly participate in the construction and operation of a new container terminal at Tanjung Priok Port, Jakarta, Indonesia. This new terminal will be developed and operated by the newly …