PSA has partnered with Beibu-Gulf Port Group (BPG) and COSCO Shipping Group (COSCO) to form a joint venture (JV) company in China’s Guangxi Qinzhou Port District investing in wind and solar energy production. This JV, with its focus on renewable energy production, is aligned with and will help the PSA Group reach [...]

PSA International has through its fully-owned subsidiary, PSA-BDP Turkey Supply Chain Solutions Pte Ltd, signed an Agreement to acquire 75% of the shares of privately-held ALISAN Logistics A.S. (ALISAN). ALISAN is a logistics company located in Türkiye and active in fast moving consumer goods (FMCG), chemicals, automotive industries and agro business. The [...]

PSA Italy recently announced the launch of the Stuttgart Express, a rail service which will connect PSA Genova Pra’ with Stuttgart in Southern Germany. Embarking on its maiden trip on 4 May, the service will provide a fast, reliable, cost-effective, and sustainable alternative for transporting containers to and from the region by [...]

Antwerp Terminal Services (ATS), a joint venture between MSC PSA Europe Terminal (MPET) and PSA Antwerp (PSAA), has officially launched the world’s first hydrogen (H2) dual fuel straddle carrier in the Port of Antwerp. Using state-of-the-art H2 dual fuel combustion engine technology developed by cleantech company CMB.TECH, it was integrated into a [...]

PSA Jurong Island Terminal achieved a record-breaking container throughput of more than 130,000 twenty-foot equivalent units (TEUs) in the year ending 31 December 2022. This is its highest volume since the terminal began operations in 2012 and a 30% increase since 2021. Transportation of container-on-barge is a greener mode of cargo transportation [...]

PSA International handled 90.9 million Twenty-foot Equivalent Units (mTEUs) last year, a contraction of 0.7% from the previous year. PSA Singapore contributed 37.0 million TEUs, and PSA terminals outside Singapore delivered a total throughput of 53.9 million TEUs, both 0.7% lower than 2021.PSA Group revenue increased by 71.2% supported by business acquisitions [...]

On 27 February 2023, PSA Singapore celebrated the 1 millionth TEU handled at Tuas Port. Staff, management, and unions gathered in honour of the occasion. This feat was achieved just 6 months after the official Tuas Opening Ceremony on 1 September 2022. Commemorating this milestone, Regional CEO Southeast Asia Ong Kim Pong [...]

PSA Mumbai has announced a partnership with O2 Power Pte Ltd (“O2 Power”) for the development of a 6.25 MW solar farm, which will power the terminal with renewable energy. The solar plant will be commissioned by the end of 2023. When completed, it will provide nearly 70% of PSA Mumbai’s power, [...]

On 4 January 2023, CrimsonLogic Chairman Ong Kim Pong signed a landmark agreement with the Royal Oman Police (ROP) to collaborate on offering CALISTA Regulatory Filing (CRF) in Oman. With this agreement, CRF will facilitate and support secure, reliable, and mature processes for the ROP, such as the integration and submission of [...]