PSA International Pte Ltd (PSA) has completed the acquisition of Penn Terminals (Penn) located on the Delaware River, United States of America (USA), from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets, following formal approval by the relevant regulatory authorities.
Penn is one of the best equipped, privately owned multipurpose marine terminals on the Eastern Coast of the USA. Penn’s terminal, warehousing and stevedoring services have enabled it...