PSA partners with Ashcroft Terminal to provide inland terminal services in Canada

PSA International Pte Ltd (PSA) has, through its wholly-owned subsidiary PSA Canada Holdings Ltd, signed an Investment Agreement with 611216 B.C Ltd (dba Ashcroft Terminal or AT) to acquire 60 per cent of Ashcroft Terminal business in Western Canada. AT is an inland port facility located approximately 300 km east of the Port of Vancouver
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Following its acquisition of shares from Singapore Telecommunications Limited and Civil Aviation Authority of Singapore earlier this year, PSA International Pte Ltd (“PSA&rdquo, an existing shareholder of CrimsonLogic Pte Ltd (“CrimsonLogic&rdquo, has taken majority control through an additional subscription of shares and share purchase from Enterprise Singapore Holdings Pte Ltd. With the completion of transaction,
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PSA International Pte Ltd, the Singapore-based global port operator, along with private equity firm Gateway Partners Ltd, will be acquiring controlling stake in Distribution Logistics Infrastructure Pvt. Ltd (DLI) from its owner Infrastructure India Plc (IIP), it is learnt. According to analysts, this is a step towards PSA diversifying into inland logistics in India. It
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SINGAPORE: PSA International Pte Ltd (PSA) has through its wholly-owned subsidiary PSA Canada Holdings Ltd, signed an Investment Agreement with 611216 B.C Ltd (dba Ashcroft Terminal or AT) to acquire 60% of Ashcroft Terminal business in Western Canada. AT is an inland port facility located approximately 300 kilometres East of the Port of Vancouver (POV).
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On July 23, 2018, Chennai International Terminals Pvt. Ltd (CITPL), owned and managed by PSA International, hosted celebrations in Chennai for staff, stakeholders and the trade to mark PSA’s 20th year in India. CITPL is PSA’s second terminal investment in India. The licence agreement with Chennai Port Trust was signed on March 3, 2007 and
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On July 17, 2018, PSA Sical Terminals Ltd (PSA Sical), a joint venture between PSA India and Sical Logistics, hosted celebrations in Tuticorin for staff, trade and stakeholders to mark PSA’s 20th year in India. PSA Sical is PSA’s first terminal investment in India and one of India’s first foreign-invested container terminals. Since the signing
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PSA International Pte Ltd (PSA) has been voted “Best Global Container Terminal Operator” while PSA Antwerp received the “Best Container Terminal – Europe” title at the 2018 Asian Freight, Logistics & Supply Chain Awards (AFLAS). This would be the 13th time PSA has been named “Best Global Container Terminal Operator” and the second time PSA
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