Independent journal on economy and transport policy
11:20 GMT+2
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Joint venture HMM-PSA to jointly operate a container terminal in the port of Singapore
The new company will become operational by the end of this year
September 3, 2020
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South Korean shipping company HMM and the group PSA terminalist in Singapore have formed the joint venture HMM-PSA Singapore Terminal (HPST) which is a 42% and 58% respectively by the two partners. According to the forecasts, the new company will become operational by later this year and will operate a container terminal in the Singapore port that will ensure HMM ships have a dedicated landing in the Asian port.
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