Eastern Sea Laem Chabang Terminal (ESCO), together with JWD Transport Services (JTS), are pioneering sustainable supply chain solutions in Thailand with the launch of the Green Transport Lane service. With an official launch set in June 2023, the Green Transport Lane is a dedicated Electric Vehicle (EV) trucking route between Laem Chabang [...]

PSA Cargo Solutions Vietnam Investments Pte Ltd has acquired a strategic minority stake in SOTRANS Group (STG), also known as South Logistics Joint Stock Company, from Indo-Trans Logistics (ITL).The partnership between PSA and ITL leverages STG’s strong presence in Vietnam with its local expertise in logistics, ports, barging, and project cargo, and [...]

PSA International (PSA) and Kazakhstan Railways (KTZ), the operator of the main railway network of the Republic of Kazakhstan have signed an agreement to establish a joint venture company (Agreement), KPMC Ltd (KPMC). KPMC will promote the development of the Trans-Caspian International Transport Route (TITR), enhancing connectivity and trade flows from Southeast [...]

MSC PSA European Terminal (MPET), officially launched a new fully electric straddle carrier (e-straddle carrier) at its terminal in the Port of Antwerp on 11 May, as part of the joint Green Straddle Carrier Program initiated by Antwerp Terminal Services (ATS), MPET and PSA Antwerp (PSAA).The e-straddle carrier, the first-of-its-kind in mainland [...]

PSA BDP announced its full ownership of all PSA BDP office locations in Saudi Arabia on 11 May.PSA BDP’s entities were initially established as a joint venture with Yusuf Bin Ahmed Kanoo Co. Ltd (Kanoo) in 2011. The operations will now operate as a 100% PSA BDP owned entity. The new legal [...]

PSA BDP has launched Risk Monitor, a new digital product designed to provide shippers and consignees with the ability to proactively monitor potential risks to prepare for and manage potential disruptions in today’s complex world of international trade.Risk Monitor is an add-on feature to Smart Navigator, a digital platform that provides real-time [...]

PSA International Group CEO Tan Chong Meng has been conferred the honour of the "Officer of the Order of the Star of Italy" ("Ufficiale dell'Ordine della Stella d'Italia"). The award is one of the highest civil honours that recognises individuals who have made outstanding contributions to promote friendly relations and co-operation between [...]

Through its wholly-owned subsidiary PSA Marine Americas (Pte) Ltd, PSA Marine (Pte) Ltd (PSA Marine) completed the acquisition of 45% stake in Meyer’s Tugs S.A. (MTSA) from Inversiones Maritimas CPT S.A., a wholly-owned subsidiary of CPT Empresas Maritimas S.A. (CPT) on 27 April 2023 in Panama.As PSA Marine and CPT embark on [...]

PSA BDP has been appointed as the logistics service provider for major electric vehicle (EV) battery manufacturer Automotive Cells Company (ACC). PSA BDP will handle the contract logistics and hinterland transportation for ACC’s first gigafactory in Europe, located in Billy-Berclau, France.ACC is a joint venture between battery company Saft and leading automakers [...]

CrimsonLogic, a leader in digital trade facilitation solutions and a member of the PSA Group, announced that it has entered into a strategic collaboration with Shanghai Data Group to improve cross-border trade efficiency. Shanghai Data Group is a Chinese enterprise which manages Shanghai’s public and state-owned enterprise data. The Letter of [...]