PSA International completes acquisition of US Penn Terminals

Written on Monday, September 9th, 2019

Published originally on September 2, 2019

Singapore’s PSA International (PSA) has completed the acquisition of multipurpose terminal Penn Terminals (Penn) on the eastern coast of the US from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets.

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PSA International Acquires Halterm Container Terminal

Written on Thursday, August 1st, 2019

PSA International Pte Ltd (PSA) has completed the acquisition of Halterm Container Terminal (“Halterm”) in the Port of Halifax, Canada, from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets, following formal approval by the relevant regulatory authorities.

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Perfect Match

Written on Thursday, January 17th, 2019

Published originally on

Fueled by a new partnership, Ashcroft Terminal is looking to extend its international reach.

While a marriage of convenience may not be the best way to build a healthy longterm relationship between two people, when it comes to business partnerships, both sides getting something they want out a of a deal is essential.

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2018 Chair and Vice-Chair Elected

Written on Wednesday, October 24th, 2018

Ottawa, October 23, 2018.

Following the FMA Annual General Meeting in Toronto on October 15, the FMA Board of Directors elected Gary Fast, Vice-President Transportation Canadian Tire, as Chair of the Association and Kleo Landucci, Chief Commercial & Corporate Affairs Officer of Ashcroft Terminal Ltd. as Vice-Chair for 2018-2019.

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Updated: Asian port group to take major stake in B.C. inland terminal

Written on Wednesday, August 1st, 2018

Published originally in on July 31, 2018 by Timothy Renshaw

Singapore-based PSA International in deal to acquire 60% of Ashcroft Terminal's business in Western Canada

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