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PSA leads financing round of Bangladeshi truck booking platform

Ioanna Kontos - July 13, 2023 0

Truck Lagbe, a truck booking logistics platform in Bangladesh, has announced the completion of its Series A+ financing round. PSA International, a worldwide port operator and supply...

News

PSA acquires stake in Vietnam’s logistics provider

Antonis Karamalegkos - May 25, 2023 0

PSA International acquired a minority stake in SOTRANS Group (STG), also known as South Logistics Joint Stock Company, from Indo-Trans Logistics (ITL). The acquisition will...

News

PSA, Kazakhstan Railways collaborate to boost trade via the Trans-Caspian route

Ioanna Kontos - May 23, 2023 0

PSA International, a global provider of ports and supply chain solutions, and Kazakhstan Railways, the operator of the country's primary railway network, have agreed...

News

PSA acquires majority stake in ALISAN Logistics to extend network in Türkiye

Ioanna Kontos - April 19, 2023 0

PSA International has signed an agreement to buy 75% of the shares of privately held ALISAN Logistics through its wholly-owned subsidiary, PSA-BDP Turkey Supply...

News

PSA Cargo Solutions and BDP International form new brand

Container News Team - April 3, 2023 0

PSA International's business unit, PSA Cargo Solutions (Cargo Solutions) will combine with PSA's subsidiary BDP International to form a new brand, named PSA BDP. The...

News

COSCO, Hutchison Ports and PSA in eBL agreement

Container News Team - April 3, 2023 0

Global Shipping Business Network (GSBN), Saudi Basic Industries Corporation (SABIC), COSCO SHIPPING Lines, Hutchison Ports and PSA International have signed a non-binding memorandum of...

News

PSA International reports strong financial results amid slight container drop

Container News Team - March 17, 2023 0

PSA International achieved a huge year-on-year increase of 71.2% in its annual revenues reaching US$7.994 billion, driven by business acquisitions and higher storage income. Additionally,...

News

PSA seeks bidders for its CK Hutchison stake; China giants among potential buyers

Container News Team - March 16, 2023 0

Chinese state-owned giants, China Cosco Shipping Corp. and China Merchants Group, seem to be interested in acquiring PSA International Pte’s minority stake in Hong...

Port News

PSA exceeds 90 million TEUs in 2022

Ioanna Kontos - January 16, 2023 0

PSA International has announced it handled 90.9 million TEUs at its port projects worldwide in 2022, which represents a 0.7% decline compared with 2021...

Port News

PSA Mumbai in India’s Nhava Sheva expands network reach via new intra-Asia service addition

Container News Team - December 12, 2022 0

PSA International-operated flagship Bharat Mumbai Container Terminals (BMCT) in India’s Nhava Sheva Port (JNPT) continues to expand its ocean network reach on the strength...

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