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PSA forecasts rough seas… and silver linings

by Lloyd's List last modified Apr 03, 2013 01:01 PM

Singapore-based global container terminals operator PSA International expects “adrenaline-pumping developments” in 2013, with “storm clouds, rough seas and possibly silver linings”.

PSA International group chief executive Tan Chong Meng made the comments as the group saw 2012 full-year revenues increase 4.3% to S$4.5bn (US$3.6bn).

Its global terminal volumes rose 5.2% to 60m teu over the previous year.

Announcing pre-tax profits of...

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