PSA

Dubai’s DP World seeks to quash India antitrust probe over Mumbai port

The Competition Commission of India has confirmed that it is investigating a complaint about anti-competitive practices in India filed by Singapore’s port operator PSA, which operate the fourth container terminal at the country’s flagship box gateway of Jawaharlal Nehru port. PSA had claimed the port’s private operators – DP World and APM Terminals – had prevented the PSA unit from collecting export containers arriving by train at the port for …

The post Dubai’s DP World seeks to quash India...

https://theloadstar.co.uk/dubais-dp-world-seeks-to-quash-india-antitrust-probe-over-mumbai-port/

Two-year probe clears port of Antwerp of breaking EU state aid rules

A two-year investigation into whether Antwerp port authority broke EU state aid regulations in its relationship with its major container terminal operators during the depths of the global financial crisis has ended.
The European Commission has ruled that it acted as a private investor would have.
In 2004, Antwerp port authority concluded concession agreements with PSA and DP World for 42 years each for the operation of its newly built facilities in the …

The post Two-year probe clears port of...

https://theloadstar.co.uk/two-year-probe-clears-port-antwerp-breaking-eu-state-aid-rules/

India to probe alleged antitrust behaviour by Maersk and DP World at Mumbai

Reuters has unearthed the news that Maersk and DP World are being investigated for alleged anti-competitive practices in Mumbai. Singapore’s PSA complained to the Competition Commission of India that the pair had attempted to hinder the growth of PSA’s terminal by colluding on charges at Jawaharlal Nehru Port Trust. Of the five port terminals there, four are operated by AP Møller Maersk, DP World and PSA, which is set to be …

The post India to probe alleged antitrust behaviour by Maersk and DP...

https://theloadstar.co.uk/india-probe-alleged-antitrust-behaviour-maersk-dp-world-mumbai/

COSCO Shipping Ports Launches Two New Berths At COSCO-PSA Terminal

COSCO HIT shipping port

COSCO Shipping Ports Limited (“COSCO SHIPPING Ports” or “CSP”) and PSA Corporation Limited (“PSA”) signed a memorandum of understanding today for the addition of two new berths at the COSCOPSA Terminal (“COSCO PSA Terminal” or “CPT”) in Singapore.

With the launch of the two new berths, CPT will be equipped with five mega-vessel berths, increasing its annual handling capacity from 3 million TEUs of the current three berths to about 5 million TEUs.

The new berths will strengthen CSP’s presence in...

https://www.marineinsight.com/shipping-news/cosco-shipping-ports-launches-two-new-berths-at-cosco-psa-terminal/

COSCO and PSA to expand Singapore terminal

Singapore, 21 November 2018 – COSCO SHIPPING Ports Limited (“COSCO SHIPPING Ports” or “CSP”) and PSA Corporation Limited (“PSA”) signed a memorandum of understanding today for the addition of two new berths at the COSCO PSA Terminal (“COSCO PSA Terminal” or “CPT”) in Singapore.

With the launch of the two new berths, CPT will be equipped with five mega-vessel berths, increasing its annual handling capacity from 3 million TEUs of the current three berths to about 5 million TEUs. The new berths...

http://container-news.com/cosco-psa-expand-singapore-terminal/

Revitalised Panama Canal now eyes expansion of port and logistics capacity

Following a strong year in terms of growth in vessel transits, the Panama Canal Authority is once more turning its attention to building port capacity as well as new zones for increased logistics activity.
In the keynote speech at this week’s TOC Americas Container Supply Chain event, authority administrator and chief executive Jorge Quijano (pictured) told delegates that, while vessel transits were its primary business barometer, ports activity had become increasingly …

The post Revitalised...

https://theloadstar.co.uk/revitalised-panama-canal-now-eyes-expansion-port-logistics-capacity/

An Internet of Logistics could make it easier to share supply chain data

Container ports should spearhead an “Internet of Logistics” to tackle inefficiencies in global container supply chains.
According to PSA International chief executive Tan Chong Meng, a “connected community” beyond the scope of Internet of Things (IoT) technology is needed to improve data sharing.
“Our first ‘container port 4.0’ concept was very much an IoT-driven idea,” he said at the TPM Asia conference in Shenzhen last week.
“But when we started to look at …

The post An Internet of Logistics...

https://theloadstar.co.uk/internet-logistics-make-easier-share-supply-chain-data/

PSA’s Bharat Mumbai Container Terminals receives first coastal service call from Shreyas Shipping

Bharat Mumbai Container Terminals (BMCT) today welcomed Shreyas Shipping and Logistics Ltd’s “M.V. SSL Mumbai”, marking the first call of Shreyas’s PIX 1 (Pan IndiaExpress 1) service at the terminal.

The post PSA’s Bharat Mumbai Container Terminals receives first coastal service call from Shreyas...

https://theloadstar.co.uk/psas-bharat-mumbai-container-terminals-receives-first-coastal-service-call-shreyas-shipping/

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