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PSA International Pte Ltd, formerly the Port of Singapore Authority, is a global port operator and supply chain company.One of the largest port operators in the world, PSA's portfolio comprises over 60 deepsea, rail, and inland terminals across more than 180 locations in 45 countries, including flagship operations in Singapore and Belgium, and encompasses supply chain solutions, marine, and ...
It comprises two terminals, namely the International Passenger Terminal (IPT), and the Regional Ferry Terminal (RFT). [citation needed] The Singapore Cruise Centre Pte Ltd, which is owned by PSA, took over management of the centre on 1 April 2003 when PSA Corporation divested its non-core businesses. [3]
COSCO Pacific, partnered with Hongkong International Terminals, operates the Terminal 8 (East) of Kwai Tsing Container Terminals since 1991. [5] Hong Kong was once busiest container port in which Kwai Tsing Terminals is the main container port of the city. From 1997 [6] to 2007, COSCO Pacific was a minority shareholder (20%) of Liu Chong Hing ...
In 2019, Jurong Port started the operation of its Jurong Port Tank Terminals (JPTT). JPTT is a 60:40 joint venture between Jurong Port Pte Ltd and Advario. It is Located in Pulau Damar Laut in Jurong Port, the liquid bulk terminal is designed to store and handle clean petroleum products and petrochemicals.
Hutchison Port Holdings Trust is a listed trust in Singapore Exchange. Hutchison Whampoa only owned 25% stake, but had the rights to influence the trust by controlling the key stake of changing the trustee they nominated before the initial public offering.
On 13 July 2011, Portek International Ltd announced that Mitsui & Co. had made an offer of S$1.40 for all Portek shares, representing a 17% premium than the offer of S$1.20 made by ICTSI. [13] The deal values Portek at S$213.5 million is said to be in line with Mitsui's plans to expand its transportation logistics business in emerging markets.
The port has two container terminals, run separately by DP World Pvt. Ltd and Singapore's PSA International Pte Ltd, with a combined capacity to handle 2.8 million standard containers a year. The two terminals loaded 1.11 million standard containers between April and December 2010, up from 886,000 containers a year earlier.
Kerry Logistics Network Limited is a listed company engaged in third party logistics, freight services, warehouse operations, and supply chain services. It was listed on 19 December 2013, raising over US$280 million, [5] as a spin-off of Kerry Properties Limited.