24DEC2018 - NEWS - Ocean Network Express to form joint venture with PSA for a container terminal in Singapore

Ocean Network Express (ONE) is going to form a joint venture with PSA in Singapore for a 4m teu capacity container terminal. Singapore-headquartered and Japanese-owned ONE, has formed a joint venture with PSA Singapore for a four mega-container ship berth terminal at Pasir Panjang Terminal. The joint venture terminal is scheduled to begin operations in the first half of next year subject to regulatory approvals. The terminal will have an annual capacity of 4m teu. Other lines with joint venture terminals in Singapore include Pacific International Lines, MSC and CMA CGM.

Published by Editor - www.Livebunkers.com at 24-Dec-2018 05:00:40 [UTC] , contact editor at editor@livebunkers.com