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Singapore's terminal group PSA grows almost 10 percent

Singapore's major terminal operator PSA grew 9.8 percent on container throughput in 2017 compared to 2016. New technologies and uncertainty will characterize the coming years, says PSA President and CEO Tan Chong Meng.

World's largest port company changes investment strategy

"The problem is that we, in the industry, keep employing the same strategies we always have," Tan Chong Meng, CEO of the world's largest port company, PSA, tells ShippingWatch. Now PSA will do away with the strategy dictating more size, more capacity.

PSA CEO: Market changing at unprecedented pace

PSA International was impacted across the board by the struggling shipping markets during the past year, where especially the Chinese slowdown meant declining freight volumes for the Singapore-based company. A market in transformation, says the CEO.

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