PSA International

Fair Market Value Capital Partners and TD Asset Management jointly acquire a minority interest in PSA Italy from PSA International

Retrieved on:

Monday, March 18, 2024

KPMG, Yamaha, PSA International, FMV, Investment, Vinmonopolet, PSA, Commercial property

LONDON and TORONTO, March 18, 2024 /PRNewswire/ -- The FMV Industrial Infrastructure Fund I SCSp, advised by Fair Market Value Capital Partners ("FMV") and the TD Greystone Infrastructure Fund (Global Master) SCSp ("TDGIF"), advised by TD Asset Management Inc. ("TDAM"), today announced that they have jointly acquired a 28% interest in PSA Italy from PSA International ("PSA"), a leading global port operator.

Key Points:

LONDON and TORONTO, March 18, 2024 /PRNewswire/ -- The FMV Industrial Infrastructure Fund I SCSp, advised by Fair Market Value Capital Partners ("FMV") and the TD Greystone Infrastructure Fund (Global Master) SCSp ("TDGIF"), advised by TD Asset Management Inc. ("TDAM"), today announced that they have jointly acquired a 28% interest in PSA Italy from PSA International ("PSA"), a leading global port operator.
Frederic Michel-Verdier, Founding Partner & CEO of FMV said "This investment in PSA Italy is the culmination of a decade long professional relationship with PSA.
We look forward to building on the strong relationship we have with both PSA and TDAM, through this investment in PSA Italy."
We look forward to building on our investment in PSA Italy and expanding our ongoing cooperation globally."

Singapore Logistics Market Reaches New Heights: $325 Billion Boom by 2027 Driven by Innovation & Connectivity: Ken Research

Retrieved on:

Wednesday, February 14, 2024

Singapore's vibrant logistics market is poised for another impressive leap, fueled by its strategic location, robust infrastructure, and a commitment to innovation.

Key Points:

Singapore's vibrant logistics market is poised for another impressive leap, fueled by its strategic location, robust infrastructure, and a commitment to innovation.
Ken Research's " Singapore Logistics Market Outlook to 2027" report predicts a remarkable 6.5% CAGR, translating to a staggering $325 billion market size by 2027.
Beyond facilitating the movement of goods, Singapore's logistics market acts as a vital cog in the global trade ecosystem, supporting economic growth and regional development.
Focus on Innovation: Singapore actively promotes innovation in areas like automation, artificial intelligence, and blockchain, enhancing efficiency and transparency.

Singapore Logistics Market Reaches New Heights: $325 Billion Boom by 2027 Driven by Innovation & Connectivity: Ken Research

Retrieved on:

Wednesday, February 14, 2024

Singapore's vibrant logistics market is poised for another impressive leap, fueled by its strategic location, robust infrastructure, and a commitment to innovation.

Key Points:

Singapore's vibrant logistics market is poised for another impressive leap, fueled by its strategic location, robust infrastructure, and a commitment to innovation.
Ken Research's " Singapore Logistics Market Outlook to 2027" report predicts a remarkable 6.5% CAGR, translating to a staggering $325 billion market size by 2027.
Beyond facilitating the movement of goods, Singapore's logistics market acts as a vital cog in the global trade ecosystem, supporting economic growth and regional development.
Focus on Innovation: Singapore actively promotes innovation in areas like automation, artificial intelligence, and blockchain, enhancing efficiency and transparency.

Detlef Trefzger, Former CEO of Kuehne+Nagel International AG, Appointed Operating Advisor

Retrieved on:

Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Detlef Trefzger as an Operating Advisor to CD&R funds.

Key Points:

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Detlef Trefzger as an Operating Advisor to CD&R funds.
Dr. Trefzger also oversaw the $1.5B acquisition of Apex International, significantly expanding Kuehne+Nagel's air logistics footprint in Asia.
As of 1 November 2023, Detlef will become a Non-Executive Director at PSA International Pte Ltd ("PSAI").
Dr. Trefzger is a German citizen and holds a PhD in Business Management from the Vienna University of Economics and Business.

CrimsonLogic Announces New North American Regulatory Filing and Logistics Solutions

Retrieved on:

Thursday, October 26, 2023

PSA International, Assistant, Emblem of the Association of Southeast Asian Nations, Regulation, Partnership, Logistics, Online shopping, Rail freight transport, ASEAN

SINGAPORE, Oct. 26, 2023 /PRNewswire/ -- Singapore-based global technology company CrimsonLogic, a leader in digital trade facilitation and e-government solutions, announced today the launch of two new solutions in North America. The Regulatory Filing solution will allow users to automate, manage and clear import and export customs declarations globally, especially in Asia where CrimsonLogic is the sole solutions provider facilitating trade across five major ASEAN (Association of Southeast Asian Nations) countries, namely Indonesia, Malaysia, Singapore, Thailand and Vietnam. The Logistics solution fosters seamless integration between shippers, ocean carriers, NVOCCs and other logistics service providers to catalyze digital transformation.

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The Regulatory Filing Solution Streamlines Global Customs Declarations, leveraging CrimsonLogic's competitive edge in ASEAN, while the Logistics Solution Enables Effortless Booking of Ocean Carrier Services
SINGAPORE, Oct. 26, 2023 /PRNewswire/ -- Singapore-based global technology company CrimsonLogic , a leader in digital trade facilitation and e-government solutions, announced today the launch of two new solutions in North America.
The Logistics solution fosters seamless integration between shippers, ocean carriers, NVOCCs and other logistics service providers to catalyze digital transformation.
CrimsonLogic's Regulatory Filing solution seamlessly integrates into its broader end-to-end Total Trade solutions, simplifying cross-border trade compliance and expediting customs clearances for customers.
North American enterprises keen on trading with ASEAN will now be able to leverage CrimsonLogic's strong presence in ASEAN and enjoy single-step customs clearances.

Tianjin Port Group, Tianjin Port Development and Tianjin Port Co Visit to and promotion activities in Singapore and Hong Kong bear fruitful results

Retrieved on:

Sunday, February 26, 2023

Tianjin Port Development, Tianjin Port (Group) Company, China Shipping Group, Shanghai Stock Exchange, Port of Tianjin, Economic development, RCEP, Hope, PTE, PSA International, Drug

HONG KONG, Feb 27, 2023 - (ACN Newswire) - Tianjin Port Group (the controlling shareholder holding 53.5% equity of Tianjin Port Development) , Tianjin Port Development Holdings Co., Ltd. ("Tianjin Port Development" , Hong Kong stock code: 03382), and its listed subsidiary company Tianjin Port Holdings Co., Ltd. ("Tianjin Port Co", Shanghai Stock code: 600717) (Tianjin Port Development and Tianjin Port Co collectively referred to as the "Group") were in Singapore and Hong Kong between February 15th and 22nd, to visit and carry out a series of promotion and exchange activities with customers and business partners to explore cooperation and development opportunities, to the end of hastening construction of Port of Tianjin into a world-class green smart hub port that can contribute to Tianjin opening to the world and achieve high quality economic development.

Key Points:

HONG KONG, Feb 27, 2023 - (ACN Newswire) - Tianjin Port Group (the controlling shareholder holding 53.5% equity of Tianjin Port Development) , Tianjin Port Development Holdings Co., Ltd. ("Tianjin Port Development" , Hong Kong stock code: 03382), and its listed subsidiary company Tianjin Port Holdings Co., Ltd. ("Tianjin Port Co", Shanghai Stock code: 600717) (Tianjin Port Development and Tianjin Port Co collectively referred to as the "Group") were in Singapore and Hong Kong between February 15th and 22nd, to visit and carry out a series of promotion and exchange activities with customers and business partners to explore cooperation and development opportunities, to the end of hastening construction of Port of Tianjin into a world-class green smart hub port that can contribute to Tianjin opening to the world and achieve high quality economic development.
In Singapore, Tianjin Port Group and the Group visited Hapag-lloyd (Singapore) Pte Ltd., Ocean Network Express Pte.
On the trip, Tianjin Port Group and PSA International signed a memorandum of strategic cooperation, and strategic cooperation framework agreements were signed with China Merchants Port Group Co., Ltd. and COSCO Shipping Port Co., Ltd respectively.
The Group sees in its visit to Singapore and Hong Kong opportunities to explore more aspects of cooperation and joint development.

Envision Digital Appoints Category Innovator Cornelius Willis as Global CMO

Retrieved on:

Thursday, June 2, 2022

Cornelius joins Envision Digital to support its mission to assist all industrial sectors in moving to clean energy and net zero carbon emissions.

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Cornelius joins Envision Digital to support its mission to assist all industrial sectors in moving to clean energy and net zero carbon emissions.
As Chief Marketing Officer for Envision Digital, Cornelius will be responsible for brand awareness and market education programs that accelerate the achievement of global net-zero.
Michael Ding, Global Executive Director of Envision said, "Wewelcome Cornelius to our leadership team as we scale up our global footprint to lead the transition to net zero.
With experience gathered from hundreds of customer deployments across multiple industries, Envision Digital is well positioned to lead the global transition to net-zero."

PSA Inks Agreement to Acquire BDP International From Greenbriar Equity Group

Retrieved on:

Wednesday, December 1, 2021

Internet, LLP, Technology, PSA International, Industry, PSA, Acquisition, Company, Transport, Â, Compliance, Partnership, Health, Foundation, Solution, Nature, BDP, Investment, ETA, Atmosphere, LinkedIn, Growth, Warehouse, Retail

PSA International Pte Ltd (PSA), a leading global port group and trusted partner to cargo stakeholders, has signed an Agreement to acquire 100% of the shares of privately-held BDP International, Inc. (BDP) a leading provider of global integrated supply chain, transportation and logistics solutions from New York-based private equity firm Greenbriar Equity Group, L.P. (Greenbriar).

Key Points:

PSA International Pte Ltd (PSA), a leading global port group and trusted partner to cargo stakeholders, has signed an Agreement to acquire 100% of the shares of privately-held BDP International, Inc. (BDP) a leading provider of global integrated supply chain, transportation and logistics solutions from New York-based private equity firm Greenbriar Equity Group, L.P. (Greenbriar).
PSA has been actively collaborating with its customers and partners to offer logistics and supply chain solutions beyond the port.
PSA International (PSA) is a leading port group and trusted partner to cargo stakeholders.
The company should be referred to as PSA International Pte Ltd or simply PSA.

Global Maritime Forum: Industry Leaders Call on COP26 to Commit to Decarbonize International Shipping by 2050

Retrieved on:

Wednesday, October 27, 2021

LONDON, Oct. 27, 2021 /PRNewswire/ -- The Call to Action for Shipping Decarbonization has been developed by a multi-stakeholder taskforce convened by the Getting to Zero Coalition – a partnership between the Global Maritime Forum, the World Economic Forum and Friends of Ocean Action. The Call to Action is backed by more than 200 industry leaders and organizations representing the entire maritime value chain and sends the clear message that a full decarbonization of international shipping is both urgent and achievable. It calls on governments to work together with the shipping industry to deliver the policies and investments needed to reach critical tipping points in decarbonizing global supply chains and the global economy.

Key Points:

"With the Call to Action, leaders from across the maritime value chain send a strong signal to governments meeting in Glasgow next week that it's time to raise ambitions and commit to fully decarbonize international shipping by 2050.
If governments want to be climate heroes at COP26, they must also be climate heroes at the International Maritime Organization, where urgent action is needed to put international shipping on a just and equitable Paris-aligned pathway", says Johannah Christensen, Chief Executive Officer, Global Maritime Forum.
As COP President, I welcome the Call to Action for Shipping Decarbonization and its clear message that leaders from across the maritime industry are ready to work with governments to fully decarbonize international shipping by 2050," says Alok Sharma, COP26 President.
The Global Maritime Forum is an international not-for-profit organization committed to shaping the future of global seaborne trade to increase sustainable long-term economic development and human wellbeing.

Global Maritime Forum: Industry Leaders Call on COP26 to Commit to Decarbonize International Shipping by 2050

Retrieved on:

Wednesday, October 27, 2021

"With the Call to Action, leaders from across the maritime value chain send a strong signal to governments meeting in Glasgow next week that it's time to raise ambitions and commit to fully decarbonize international shipping by 2050.

Key Points:

"With the Call to Action, leaders from across the maritime value chain send a strong signal to governments meeting in Glasgow next week that it's time to raise ambitions and commit to fully decarbonize international shipping by 2050.
If governments want to be climate heroes at COP26, they must also be climate heroes at the International Maritime Organization, where urgent action is needed to put international shipping on a just and equitable Paris-aligned pathway", says Johannah Christensen, Chief Executive Officer, Global Maritime Forum.
As COP President, I welcome the Call to Action for Shipping Decarbonization and its clear message that leaders from across the maritime industry are ready to work with governments to fully decarbonize international shipping by 2050," says Alok Sharma, COP26 President.
The Global Maritime Forum is an international not-for-profit organization committed to shaping the future of global seaborne trade to increase sustainable long-term economic development and human wellbeing.