Independent journal on economy and transport policy
08:21 GMT+2
Maersk quits PSA for Malaysia
(Financial Times)
August 22, 2000
By Sheila Mcnulty
PSA Corp, Singapore's port operator, has lost its biggest client just three months after announcing plans to list on the stock exchange.
Maersk Sealand, the world's largest container line, said at the weekend it was moving its regional hub from Singapore to Malaysia as it buys a 30 per cent stake in a five-month-old competing port, Tanjung ...... Read more on Financial Times
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