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  • April 17, 2014
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  1. Business - Companies

    Singapore's PSA wins tender to buy stake in major Jiangsu port

    Posted Nov 06th 2013, 04:54am by Anita Lam

    ... Anita Lam anita.lam@scmp.com The Singaporean company wins bid to buy stake in major Jiangsu container port Tender win strengthens PSA's China portfolio Singapore's PSA International yesterday added another mainland container port to its portfolio after winning a tender floated by China Shipping Container Lines for its stake in a major port in Jiangsu. The transaction ...

  2. In Brief

    Posted May 10th 2008, 12:00am by Staff Reporter

    ... Cosco Pacific, Hutchison join PSA in bid for Greek ports Cosco Pacific, Hutchison Ports Holdings and PSA International have been reported in Greek media as joining the bidding for two of the country's state-owned ports - the Port of Piraeus and Port of Thessaloniki - which have been up for sale for several months. Cosco and PSA declined to comment yesterday.Charlotte So ...

  3. PSA plans US$200m stake in Tianjin port

    Posted May 25th 2005, 12:00am by Russell Barling

    ... Russell Barling Singapore's PSA International Corp has increased its foray into the mainland container market, agreeing in principle to take a stake in a 5.3 billion yuan expansion at the northern port of Tianjin. The international investment arm of state-owned PSA has signed a memorandum of understanding for a 30 per cent stake in the north harbour expansion project, which will add ...

  4. PSA, Dongguan to fund 1.4b yuan port development

    Posted Apr 28th 2006, 12:00am by Russell Barling

    ... with the timing of construction depending on demand. PSA International will manage the port and take an 80 per cent stake in both phases. Its mainland partner, the municipally owned Dongguan Port Group, ... Russell Barling Two-berth facility due to open in 2008 following years of municipal lobbying Dongguan municipal authorities and the international port development arm of Singapore's ...

  5. PSA gets role in Dalian Port expansion

    Posted May 18th 2006, 12:00am by Charlotte So

    ... on the mainland, will probably sell as much as 50 per cent of the third phase of its expansion project to Singapore's PSA International, according to industry sources. Although the third-phase ... will build four berths in the second phase in Dayao Bay, in which PSA, Cosco Pacific and Dutch APM Terminals are the joint-venture partners. International port operators and shipping companies ...

  6. PSA quits pursuit of P&O over steep price

    Posted Feb 11th 2006, 12:00am by Russell Barling

    ... Russell Barling Pullout will allow DP World to seal deal and become No3 terminal operator PSA International, Singapore's international port investment arm, yesterday bowed out of the billion-dollar bidding war for Peninsular & Oriental Navigation (P&O) leaving Dubai's DP World to complete the deal and create the world's third-biggest terminal operator. PSA, which ...

  7. Kwai Chung in for sea change as PSA navigates in

    Posted Dec 03rd 2004, 12:00am by Russell Barling

    ... Russell Barling The entry of PSA International into Hong Kong's port scene is unlikely to have an immediate visible impact on terminal charges or business relationships, but over time ... the option to match PSA's $2.6 billion offer- all indications are it will stand, giving the state-owned operator majority control of two berths at CT8 West in Kwai Chung. It won't give PSA ...

  8. PSA clears last hurdle to secure HK berths

    Posted Mar 01st 2005, 12:00am by Russell Barling

    ... PSA International of Singapore yesterday secured a place on Hong Kong's busy waterfront after the last shareholder in Asia Container Terminals (ACT) declined to exercise a right to match part of PSA's $3 billion offer to NWS Holdings. Dubai Ports International (DPI), the global investment arm of the state-owned Dubai Ports Authority, chose not to pre-empt PSA ...

  9. In Brief

    Posted Jan 12th 2007, 12:00am by Staff Reporter

    ... cent to 34,800 tonnes. overseas terminals boost psa container growth PSA International, operator of the world's busiest port, posted a 7.6 per cent increase in container handling at its Singapore terminals last year, while its overseas terminals saw 30 per cent throughput growth. PSA handled 23.98 million 20-foot equivalent units (teu) in Singapore and a total of 27.3 million teu ...

  10. PSA returns for fresh raid on HK port assets

    Posted Feb 05th 2005, 12:00am by Russell Barling

    ... Russell Barling Singapore group agrees to pay $3b for control of Asia Container Terminals The international investment arm of Singapore's PSA Corp made another audacious bid for Hong ... but requires shareholder approval, will give PSA International a controlling 54.2 per cent stake in Asia Container Terminals (ACT), which operates two berths at CT8 West, and 33 per cent ...




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