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PSA leads financing round of Bangladeshi truck booking platform

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...

PSA acquires stake in Vietnam’s logistics provider

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...

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

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...

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

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...

PSA Cargo Solutions and BDP International form new brand

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...

COSCO, Hutchison Ports and PSA in eBL agreement

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...

PSA International reports strong financial results amid slight container drop

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,...

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

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...

PSA exceeds 90 million TEUs in 2022

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...

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

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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Port of Liverpool’s container division to commence redundancy consultations

Following a "sustained and significant deterioration" in container volumes at the port, the Port of Liverpool will commence redundancy consultations with workers in its container...

Singapore is top maritime centre for 10th consecutive year

Singapore is ranked the top maritime centre in the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report for the tenth consecutive year.The report, published...

The Advantages of Geomembrane in Environmental Protection

As sustainability becomes a priority, more attention is turning to geomembrane for environmental safeguarding applications. Geomembranes are large impermeable sheets made of materials like polyvinyl...

SITC International spends over US$100 million buying ships and containers from associate

SITC International Holdings, the holding company of Hong Kong-based intra-Asia carrier SITC Container Lines, said on 21 September that it will spend over US$100...