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15 July 2020 The on-line newspaper devoted to the world of transports 14:48 GMT+2

September 2, 2019

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Original news
First investment of PSA International in the USA

The terminalista group of Singapore has bought Penn Terminals

Terminalista group PSA International of Singapore has bought Penn Terminals, society that a terminal manages on the Delaware river for container handling, goods conventional and project cargo, that it is yielded by Macquarie Infrastructure Partners, bottom managed from Macquarie Infrastructure and Real Assets (SIGHT).

"This acquisition - it has emphasized the managing director of PSA International, Tan Chong Meng - represents our first initiative in absolute in the United States". "We will engage ourselves with the State of Pennsylvania, the customers, the staff and the local community, let alone with the main ones stakeholder - it has added Meng - to the aim to increase to the ability and the connections of Penn in order to serve at best the requirements of the exporter and the importers it is of the region of the Atlantic Mean of the USA that of others".

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