4 ZPMC STS cranes head for Baltic Hub as T3 project kicks into high gear
NewsFour ZPMC STS cranes are en route to Baltic Hub as construction of Project T3 ramps up.
PSA cuts Hong Kong deal
PSA International has finally succeeded in buying into Hong Kong’s Kwai Chung container port through a HK$3 bill (US$385 mill) deal with local conglomerate NWS Holdings.
Under the agreement, NWS will sell its 31.4 per cent interest in Asia Container Terminals (ACT), which operates the twoberth CT8 West terminal, to PSA for HK$1.9 bill in cash and shareholder loans.
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This complete item is approximately 430 words in length, and appeared in the February 2005 issue of WorldCargo News, on page 1. To access this issue download the PDF here.
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