Busan Port Authority, PSA sign cooperative agreement

Markets

Friday, December 07, 2012

The Busan Port Authority (BPA) and global container terminal operator PSA International signed a memorandum of understanding Friday designed to stoke cooperation towards a long-term strategic partnership between the two organizations. BPA and PSA said they’ll seek to find opportunities to work more closely to realize mutual benefits in South Korea's Port of Busan. PSA currently operates Pusan Newport International Terminal (PNIT), a joint venture between PSA and Hanjin Transportat...

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