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Tag Archives: Macquarie

PSA completes acquisition of Penn Terminals, marking its first foray into the US

PortandTerminal.com, Sept. 2, 2019 Singapore’s PSA International (PSA) has completed the acquisition of multipurpose terminal Penn Terminals (Penn) on the eastern coast. The deal marks PSA’s first foray into the US PSA International has completed the acquisition of Penn Terminals located on the Delaware River in the U.S. from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real …

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Singapore based PSA swoops in with winning bid for Halifax container terminal

Photo of Halterm container terminal in Halifax, Canada

PortandTerminal.com, May 4, 2019 PSA International will take control of Halterm after winning the bid for the largest container terminal in eastern Canada, giving PSA an east coast presence and underscoring Halifax’s potential to feed Canadian and US markets even more cargo. Halifax, Canada – It had been rumoured that Canada’s CN Rail and possibly one of the big shipping …

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Macquarie buys Long Beach Container Terminal from OOCL for $1.78 billion

PortandTerminal.com, April 30, 2019 Long Beach, CA – Cosco’s Orient Overseas (International) Limited announced its sale of Long Beach Container Terminal (LBCT) to a consortium led by Macquarie Infrastructure Partners on Tuesday for $1.78 Billion. The sale is following the National Security Agreement entered into by OOIL and its partners with the U.S. Department of Homeland Security and U.S. Department …

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Is Martin Stanley one of the most powerful people in maritime investment?

February 11, 2019 – PortandTerminal.com Hamburg, Germany – Is Martin Stanley one of the most powerful people in maritime investment? Mr Stanley is the Global Head of Macquarie Infrastructure and Real Assets (MIRA). In this role, he sets the strategic direction for MIRA’s global business and is accountable for all of its 148 businesses located in 25 countries. Macquarie Infrastructure …

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