PSA International

Geopolitics

Briefs

SINGAPORE (May 13): “I have waited my entire career to trade a stock like this, and to open an IPO like Uber.” — Pete Giacchi, senior trader at Citadel Securities. Uber is set to start trading on May 10.

Deals, joint ventures & alliances

SATS, PSA ink MOU to establish sea-air connectivity

SINGAPORE (May 9): SATS and PSA International on Thursday signed a memorandum of understanding (MOU) to provide cargo owners and logistics service providers with seamless connectivity.

PSA container throughput up 5.5% in 2016

SINGAPORE (Jan 12): PSA International reports that containers handled at its port projects around the world increased 5.5% to 67.63 million Twenty-foot Equivalent Units (TEUs) in 2016.

GKE’s newly-acquired TNS diversifies from ports to airports

SINGAPORE (Dec 1): Barely has the ink dried on GKE Corp’s $9 million acquisition deal of port services provider TNS that another revenue stream is opening up.
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