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PSA acquires Poland’s major intermodal operator

Antonis Karamalegkos - August 12, 2024 0

PSA Baltics, a subsidiary of PSA International, a major global port operator, has signed an agreement to acquire an 85% majority stake in Loconi...

News

PSA witnesses container growth amid revenue and profit declines

Antonis Karamalegkos - March 22, 2024 0

PSA International has announced a container throughput of 94.8 million TEUs in 2023, representing a growth of 4.3% compared to the last year. According to...

PSA breaks container volume record in 2023

Antonis Karamalegkos - January 15, 2024 0

PSA International reported a record-breaking year handling 94.8 million TEUs across its port terminals around the world in 2023. PSA’s flagship terminal in Singapore contributed...

News

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

Themis Karalis - 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

Themis Karalis - 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

Themis Karalis - 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,...

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