JWD to acquire 20% stake in Eastern Sea Laem Chabang Terminal

Capt. John

JWD InfoLogistics Public Company (JWD) has agreed to purchase a stake of up to 20% in Eastern Sea Laem Chabang Terminal (ESCO) from PSA International across two stages.

ESCO is a container terminal and supply chain operator in Thailand and PSA, the manager and operator of Singapore’s transshipment hub, has been an ESCO shareholder since 2003.

This investment by JWD is in line with the firm’s five-year strategic plan to improve its multimodal transportation services.

JWD expects to realise the...

https://www.ship-technology.com/news/jwd-eastern-sea-laem-chabang/

Leave a Comment