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IN THE NEWS

PSA readies Panama terminal to serve 2m TEUs by mid-2017

PSA International looks set to extend its footprint in Panama, with expansion on its existing container terminal there to be completed around mid-2017. The port operator is also reported to be in the running for a second terminal lined under the West Corozal transhipment port that is under development. The new capacity of the expanded PSA Panama International Terminal (PPIT) is projected to be ava...


Seacor buys 11 Pacific Richfield Marine vessels

SEACOR Marine has bought 11 vessels that Norwegian bank DNB is understood to have taken control of from the fleet of Singapore-registered offshore support vessel owner-operator, Pacific Richfield Marine (PRM). Seacor took delivery on June 14 of the 11 anchor handling tug supply and anchor handling tug vessels averaging about three to 12 years of age and they are all in Singapore and available for...


PSA launches Living Lab in innovation initiative

THE corporate innovation game is getting sharper at PSA Corporation Limited. The Singapore-based port group on Monday launched the PSA Living Lab - a living laboratory for the port and logistics industry - for which it would commit nearly S$100 million over the next three years. Comprising two currently-operational berths at Pasir Panjang Terminal, the PSA Living Lab will enable startups and tech...


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