Artikel Nummer: 2583

PSA expands in Panama

The Panama Canal Authority (ACP) has granted PSA International, a port operator headquartered in Singapore, approval to acquire land for the expansion of its Panamanian container terminal. Under its lease agreement, PSA Panama International Terminal (PPIT) will be able to use an additional 20 ha for expansion purposes.

PPIT is located at the entrance of the Panama Canal’s new Pacific locks, which are currently under construction as part of the waterway’s multi-billion dollar expansion scheme.