Drewry: PSA to overtake COSCO in terminal capacity by 2028
NewsDrewry’s latest report predicts PSA will surpass COSCO Shipping in terminal capacity by 2028, reshaping the top of the global container terminal rankings.
According to local Yemeni reports PSA Corporation has pulled out of Yeminvest, its 60:40 joint venture with Saudi-backed Yemen Holdings Ltd which runs Aden Container Terminal (ACT). According to the Yemen Times, Yeminvest and the Republic of Yemen “amicably” wound up the concession at Aden Free Zone on 24 October.
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