In one embodiment, the optical transport system has an optical transmitter, an optical receiver, and one or more phase-sensitive amplifiers (PSAs) disposed within an optical link that connects the optical transmitter and receiver. The optical transmitter employs a first nonlinear optical process to generate a two-carrier signal in a manner that makes this signal suitable for phase-sensitive amplification. The PSAs employ a second nonlinear optical process to optically amplify the two-carrier signal in a phase-sensitive manner to counteract the attenuation imposed onto the two-carrier signal by lossy components of the optical link. The optical receiver employs a third nonlinear optical process in a manner that enables the receiver to beneficially use redundancies in the two-carrier signal, e.g., for an SNR gain. The optical transport system can advantageously be implemented to have better noise properties than a comparable conventional system, which enables a commensurate increase in the data-transport capacity.