Psa International

Pakistani port Gwadar aids China's maritime expansion plans

A Pakistani soldier stands in front of the Gwadar port, which is potentially a vital link to China's oil and gas supply chain. Photo: AP

China’s acquisition of a strategic port in Pakistan is the latest addition to its drive to secure energy and maritime routes and gives it a potential naval base in the Arabian Sea, unsettling India.

Thursday, 29 August, 2013, 4:13am

Dalian Port to unload two berths

Dalian Port (PDA) will sell two container berths to its partly owned joint venture for 1.25 billion yuan as part of its promise in its initial public offering in 2005.

The company expects to book a gain of 221 million yuan from the sale but it will not pay special dividends, according to its joint company secretary Arthur Lee Kin-yu.

13 Oct 2007 - 12:00am

In Brief

dragonair passenger numbers rise 8.3pc

12 Jan 2007 - 12:00am

PSA gets role in Dalian Port expansion

Singapore operator expected to secure 50pc stake in third phase of mainland terminal's 4b yuan expansion project

Dalian Port (PDA), the eighth-largest port operator 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.

18 May 2006 - 12:00am

PSA, Dongguan to fund 1.4b yuan port development

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 PSA Corp have agreed to spend 1.4 billion yuan on a new container terminal at Humen, adding to south China's increasingly busy port scene.

28 Apr 2006 - 12:00am

Dalian brings Hutchison aboard

Conglomerate among four big players that will take up a third of $2.16b IPO

Listing candidate Dalian Port, operator of China's largest oil terminal, plans to sell 10 per cent of its shares to Hutchison Whampoa and three other investors in its $2.16 billion initial public offering in Hong Kong, market sources said.

11 Apr 2006 - 12:00am

PSA quits pursuit of P&O over steep price

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.

11 Feb 2006 - 12:00am

PSA plans US$200m stake in Tianjin port

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.

25 May 2005 - 12:00am

OOIL to take first China port project

Consortium to build and operate US$200m Tianjin complex

The Tung family's Orient Overseas (International) Ltd (OOIL) is about to acquire its first stake in a mainland container port as part of a joint-venture company that will build, manage and operate a new terminal complex in Tianjin.

16 Dec 2004 - 12:00am

Kwai Chung in for sea change as PSA navigates in

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 it will drive volume growth and help stem the erosion of our South China market share.

3 Dec 2004 - 12:00am

PSA maintains prices despite loss of business

The Port of Singapore Authority (PSA) will face its fiercest commercial competition this year from a low-cost regional rival without engaging in a price war, according to the authority.

9 Apr 2002 - 12:00am

China eases port rules

China will scrap from April 1 regulations restricting foreign companies to a minority stake in mainland port facilities, according to the State Planning and Development Commission (SPDC).

28 Mar 2002 - 12:00am

'Errors' tabled

I refer to your article on September 3, entitled 'Shanghai holds the aces in business' and would like to point out some errors in the table showing the container throughout figures for the ports of Hong Kong and Shanghai for 1995-1999.

During the five years from 1995-1999, there was steady growth in container throughput in Hong Kong.

10 Sep 2000 - 12:00am

Hutchison in bid for India port

Hutchison Port Holdings is among three companies bidding for a $620 million build-own-operate concession to upgrade and operate a container terminal in the Indian port of Madras.

The Hong Kong firm, together with Singapore's PSA Corp and P&O Ports, made presentations to officials from India's surface transport ministry earlier this month.

10 Aug 1998 - 12:00am

Crane-moves record for PSA

PSA Corporation registered a record 144 crane moves per hour during P&O Nedlloyd Southampton's maiden call at Tanjong Pagar Terminal in Singapore.

PSA's team turned the vessel around three hours ahead of scheduled sailing time while handling a total of 2,416 containers. The vessel stayed in port for only 16.8 hours.

29 Jun 1998 - 12:00am