Singapore’s PSA to acquire 60% stake in Canada’s Ashcroft inland terminal

Ship Technology. 1 August. 7 minute read.
PSA Canada Holdings, a subsidiary of Singapore’s PSA International, will purchase a 60% interest in Canada’s Ashcroft Terminal (AT), situated about 300km east of the Port of Vancouver. The Terminal comprises 320 acres of freehold industrial land and has two railroad lines, Canadian National Railway and Canadian Pacific Railway, running through the facility to move cargo to and from the Vancouver port.
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