Singapore port operator PSA International has acquired a stake in Argentina's second-largest container terminal - International Trade Logistics (ITL), in partnership with London-based International Port Holdings (IPH).
ITL is a privately-owned company that provides logistics services and third-party distribution warehouse space and port services.
Together, PSA and IPH will have majority control of ITL. PSA and IPH are also partners in a US$143-million container terminal at Britain's Great Yarmouth Port that should be operational later this year, the Straits Times said.
ITL is a privately-owned company that provides logistics services and third-party distribution warehouse space and port services.
Together, PSA and IPH will have majority control of ITL. PSA and IPH are also partners in a US$143-million container terminal at Britain's Great Yarmouth Port that should be operational later this year, the Straits Times said.