PSA invests in Chinese rail terminals

Last year, all the Chinese ports handled 16.97 Bt, having exceeded their 2022 volume by nearly 8%. Shanghai throughputs surged, Hong Kong saw a downfall.

“The management of the Red Sea crisis has alleviated concerns of sudden container price rises, providing a more predictable environment”

Valenciaport handled 784,095 containers in the first two months of the year, a growth of +9.97% compared to January-February 2023.

Xeneta data reveals that average spot market rates from China to Mexico have consistently surpassed long-term contract rates since April 2023.

PSA International Pte Ltd (PSAI) handled 94.8M TEU in 2023, up 4.3% on the previous year and a record performance for the group.

The Port of Barcelona and ADIF, the Spanish rail infrastructure authority, have been given the go-ahead to form a joint venture to manage and develop railway logistics nodes throughout the Province of Barcelona