PSA has launched the Group’s Green Finance Framework in June 2023. In recent years, green financing and sustainability-linked financing have gained traction, as policymakers, investors and firms have started to act on climate change risks, including the mainstreaming of green financial solutions.The green loans and green bonds undertaken by any PSA entity [...]
PSA Singapore has received the Digital Achievers (Team) award at the Tech Leader Awards 2023! The award is a noteworthy recognition of PSA Singapore’s new OptETruck solution that helps hauliers to maximise their resource utilisation, through features such as real-time resource-matching algorithm and predictive modelling capabilities.At the awards event held in May [...]
PSA Chennai recently achieved a significant milestone by handling its 10 millionth container in May, despite intense competition from neighbouring terminals and private ports in the region.The terminal has also achieved multiple industry accolades over the years, which is a testament to its consistent performance and operational excellence. The terminal was named [...]
Saudi Global Ports (SGP) has received two accolades from its key stakeholders in the first half of 2023! This includes the title of ‘Success and Excellence Partner’ from Saudi Ports Authority (MAWANI) and the ‘Growth Award’ from the Public Investment Fund (PIF), PSA’s joint venture partner in Saudi Arabia.Earlier in February, SGP [...]
PSA BDP celebrated the inauguration of its new 22,000 sqm Electric Vehicle (EV) battery logistics warehouse in Dunkirk, France, on 1 June. The inauguration of the newly built warehouse featured a formal reception attended by many stakeholders from the EV battery industry as well as the supply chain sector, representatives from PSA [...]
PSA has been awarded ‘Best Sustainable Logistics Enterprise’ in recognition of the Group’s exceptional contributions and commitment to sustainability. The LogiSYM Awards ceremony, which took place on 23 May in Singapore, is an annual event that honours companies and individuals who have demonstrated exemplary commitment to sustainable practices and innovation within the [...]
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 [...]