Singapore firm’s dispute with DP World, APM Terminals has escalated
Singapore’s PSA International Pte Ltd has quit membership of the Indian Private Ports and Terminals Association (IPPTA), an industry lobby group, as its dispute with DP World and APM Terminals over the issue of transfer of containers hauled by rail to/from different terminals at Jawaharlal Nehru Port Trust (JNPT) escalates into a full-blown rivalry.
PSA, owned by Singapore’s sovereign wealth fund, is no longer a member of IPPTA,...