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 [...]

The container vessel MSC TESSA set a milestone record as the largest container ship to berth at a Portuguese port to date, calling at the Port of Sines in Portugal on the dawn of 14 April 2023 on its maiden voyage.Spanning a length of 400 metres and boasting a loading capacity of [...]

PSA Breakbulk officially launched the Port of Antwerp’s first Project Cargo Ecosystem in Belgium on 19 April 2023. The opening event was attended by partners, clients, representatives of the Port of Antwerp-Bruges, and other stakeholders.The Project Cargo Ecosystem is the first of its kind in the Port of Antwerp. It is a [...]

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 [...]