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PSA International
Company in the news
PSA acquires 85% stake in Polish intermodal operator to support PSA's European container hubs
Loconi is one of Poland's leading intermodal operators established in 2011.
August 11, 2024
Results
PSA International earnings down 6.3% y-o-y to $1.46 billion in FY2023
Group revenue decreased by 11.2% y-o-y to $7.10 billion due to challenging market conditions and weak trade demand.
March 22, 2024
Transport
Saudi wealth fund, PSA consider Global Ports IPO
The PIF is listing several of its portfolio companies to raise funds to help diversify Saudi Arabia’s economy
February 19, 2024
Deals, joint ventures & alliances
PSA International acquires stake in Vietnam logistics provider SOTRANS Group
The latest venture in Vietnam strengthens PSA's network in the region.
May 25, 2023
Deals, joint ventures & alliances
PSA International forms JV with Kazakhstan Railways to enhance trade through TITR
The partnership between KTZ and PSA aims to develop the TITR through initiatives such as the organisation of block trains.
May 23, 2023
Company in the news
PSA's CK Hutchison ports US$4 bil stake sale attracts China giants, sources say
The sale process has just kicked off and PSA is holding early talks with potential bidders including China Merchants and Cosco.
March 14, 2023
M&A
PSA to acquire BDP International
The move is PSA’s first major acquisition of this nature, says PSA group CEO Tan Chong Meng.
December 01, 2021
Company in the news
PSA International reports 6.2% lower FY20 earnings of $1.17 bil on lower income and higher other operating expenses
Revenue for the FY2020 grew 2.5% y-o-y to $4.18 billion on higher throughput and business acquisitions.
March 19, 2021
Company in the news
PSA International reports 1.7% y-o-y increase in volume for 2020
PSA International has handled 86.6 million Twenty-foot Equivalent Units (TEUs) of containers in 2020.
January 14, 2021
Deals, joint ventures & alliances
One Network Enterprises and PSA International to expand services for global terminal operations and logistics
One Network Enterprises (ONE) and PSA Cargo Solutions, a unit of PSA International, announced on Monday a strategic partnership to expand services for global terminal operations and logistics.
June 15, 2020