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PSA & GIP Restructure Their Terminal Businesses In Genoa

PSA & GIP restructure their terminal businesses in Genoa

Source: Autorita’ di Sistema Portuale del Mar Ligure Occidentale

On 22 July 2020, PSA Investments (PSA), a fully owned subsidiary of PSA International Pte Ltd, and Gruppo Investimenti Portuali (GIP) received approval from the Genoa Port Authority for the proposed restructuring of their Genoa-based operations – July 23, 2020 This will result in PSA becoming the majority shareholder in and obtaining management control of both PSA Genova Pra’ and SECH. Both container terminals PSA Genova Pra’ and SECH are located in the North Tyrrhenian…

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