PSA

PSA weighs selling 20% stake in CK Hutchison’s ports business: sources
PSA weighs selling 20% stake in CK Hutchison’s ports business: sources
April 23, 2025
Published Wed, Apr 23, 2025 · 04:23 PM[SINGAPORE] PSA International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge...
Former PSA chairman and veteran banker Fock Siew Wah dies, aged 84
Former PSA chairman and veteran banker Fock Siew Wah dies, aged 84
January 6, 2025
FORMER PSA International chairman Fock Siew Wah, who steered the port operator for over 13 years and grew its global footprint, died on Jan 6. He was 84. The...
Saudi Global Ports, co-owned by PSA, taps banks for up to US billion IPO
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO
December 19, 2024
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh initial public offering, according to people familiar with the...
Saudi Global Ports, co-owned by PSA, taps banks for up to US billion IPO
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO: sources
December 19, 2024
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh initial public offering (IPO), according to people familiar with...
PSA International subsidiary to acquire majority stake in Polish intermodal operator
PSA International subsidiary to acquire majority stake in Polish intermodal operator
August 11, 2024
The 85 per cent stake in Loconi will be acquired from publicly traded Polish freight forwarder ATC CargoTEMASEK-OWNED port operator PSA International, through its subsidiary PSA Baltics, signed an...
PSA International subsidiary to acquire majority stake in Polish intermodal operator
PSA International unit to buy majority stake in Polish intermodal operator
August 11, 2024
The 85 per cent stake in Loconi will be acquired from publicly traded Polish freight forwarder ATC CargoTEMASEK-OWNED port operator PSA International, through its subsidiary PSA Baltics, signed an...
Average wait time at Singapore port cut to two days at most: PSA
Average wait time at Singapore port cut to two days at most: PSA
July 10, 2024
PORT congestion in Singapore has eased, with the average wait time reduced to two days or under as a result of a ramp-up in handling capacity, said operator PSA...
PSA International’s FY2023 net profit drops 6.3 per cent to S.5 billion on lower revenue
PSA International’s FY2023 net profit drops 6.3 per cent to S$1.5 billion on lower revenue
March 22, 2024
TEMASEK-OWNED port operator PSA International’s 2023 net profit dropped 6.3 per cent from the year before to S$1.5 billion. This came as its revenue for the full year fell...
PSA aims to cut 10,000 tonnes of truck emissions a year in fleet management tie-up
PSA aims to cut 10,000 tonnes of truck emissions a year in fleet management tie-up
February 20, 2024
PSA Singapore (PSA) could cut the carbon emissions of its container trucks by 10,000 tonnes per annum if an existing fleet management system is expanded to cover all of...
Saudi Wealth Fund, Singapore’s PSA consider Global Ports IPO
Saudi Wealth Fund, Singapore’s PSA consider Global Ports IPO
February 19, 2024
SAUDI Global Ports, which is owned by the kingdom’s sovereign wealth fund and Singapore’s PSA International, is considering an initial public offering in Riyadh, according to people familiar with...