Company Overview of PSA International Pte Ltd.
PSA International Pte Ltd, an investment holding company, provides port and marine services. The company’s Port Business segment offers container handling, multi-purpose terminals operation, and other port related services. Its Marine Business segment provides marine services. The company also offers warehousing and logistics related services, as well as consultancy services on port management and information technology services. It operates in Southeast Asia, Europe and Mediterranean, Northeast Asia, and internationally. The company was formerly known as PSA Corporation Limited and changed its name to PSA International Pte Ltd in December 2003. PSA International Pte Ltd was founded in 1964 ...
460 Alexandra Road
Founded in 1964
Key Executives for PSA International Pte Ltd.
Group Chief Executive Officer, Member of Senior Management Council, Executive Director and Member of Executive Committee
Group Chief Financial Officer and Member of Senior Management Council
Member of Senior Management Council and Regional Chief Executive Officer of Europe, Mediterranean & The Americas
Member of Senior Management Council and Regional Chief Executive Officer of Middle East South Asia
Member of Senior Management Council and Regional Chief Executive Officer of PSA Southeast Asia
Compensation as of Fiscal Year 2016.
PSA International Pte Ltd. Key Developments
Nippon Yusen Kabushiki Kaisha Together with Pt. Pelabuhan Indonesia II, Mitsui & Co. Ltd. and PSA International Pte Ltd Start Commercial Operations of New Container Terminal at Tanjung Priok Port in Jakarta
Aug 23 16
Nippon Yusen Kabushiki Kaisha, or NYK Line, together with PT. Pelabuhan Indonesia II, or Persero, Mitsui & Co. Ltd. and PSA International Pte Ltd. have started commercial operations of a new container terminal at Tanjung Priok Port in Jakarta, Indonesia. This new terminal will be operated by the newly established company PT New Priok Container Terminal One. The terminal will have an annual handling capacity of approximately 1.5 million twenty-foot equivalent units (TEUs) of containers, an overall berth length of 850 meters and a 16-meter draft, allowing the terminal to accommodate advanced mega containerships. The terminal will pursue the efficient reduction of emissions by making use of environmentally friendly "green" facilities. In accordance with the company's "More Than Shipping 2018" medium-term management plan, the NYK Group will continue its efforts to provide customers with "green" container terminal services that meet their global shipping needs, by making use of knowledge and expertise gained by containership business.
CSN Reportedly Assessing Options For Sepetiba Tecon
Apr 6 16
Companhia Siderúrgica Nacional (BOVESPA:CSNA3) (CSN) is assessing options besides a sale for Sepetiba Tecon S.A., four sources with direct knowledge of the matter said. Apart from a full sale, which remains the top option, CSN could look for a minority partner to help expand Tecon, said three of the sources, who requested anonymity because the process is private. Joint ventures are also under consideration, the sources added. Talks with potential buyers, which include Wilson Sons Limited (BOVESPA:WSON33), PSA International Pte Ltd., Santos-Brasil Participações S.A. (BOVESPA:STBP11) and Advent International Corporation, are still ongoing, the sources said. A fourth source said talks have stalled, although they are far from over. A price for Sepetiba Tecon is not being discussed at this point, the sources noted, although bidders seem inclined to pay less than BRL 1.2 billion ($328 million) that Chief Executive Officer Benjamin Steinbruch is believed to want. Steinbruch, CSN's controlling shareholder, is resisting pressure to sell Sepetiba Tecon or less despite a 28% slump in CSN's cash holdings last year, one source estimated. CSN declined to comment, as did Santos Brasil, Wilson Sons and Advent. Singapore-based PSA did not have an immediate comment.
PSA International Pte Ltd. Reports Consolidated Earnings Results for the Year Ended December 31, 2015
Mar 18 16
PSA International Pte Ltd. reported consolidated earnings results for the year ended December 31, 2015. For the year, the company reported revenue of SGD 3,573,205,000 against SGD 3,829,999,000 for the same period a year ago. Profit from operations was SGD 1,709,351,000 against SGD 1,883,813,000 for the same period a year ago. Profit before income tax was SGD 1,535,118,000 against SGD 1,713,121,000 for the same period a year ago. Profit attributable to owner of the company was SGD 1,268,465,000 against SGD 1,401,801,000 for the same period a year ago.
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