PSA Cargo Solutions, a business unit of PSA International, will combine with BDP International to form a new brand: PSA BDP. This announcement follows PSA’s successful acquisition of BDP in April 2022. The new PSA BDP brand blends complementary strengths and capabilities of both companies to enhance service and solution offerings across [...]
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 [...]
PSA International Group CEO Tan Chong Meng chaired the World Economic Forum (WEF) Supply Chain and Transport (SCT) Governors Meeting and Policy Session in Davos, Switzerland, which were part of the 2023 WEF Annual Meeting. These brought together key supply chain leaders and policy makers to discuss ways to achieve clean, inclusive, [...]
As part of planned upgrading works for the Europa Terminal, PSA Belgium has inked two agreements in December 2022 as it looks to increase the terminal’s handling capacity by 40 per cent.On 14 December, PSA Belgium signed a deal for 14 new electric Automatic Stacking Cranes (ASCs) from Austrian crane builder Kuenz [...]
PSA Belgium’s Zeebrugge terminal was the first port of call for WALLENIUS SOL’s new Swedish container and roll-on/roll-off (ConRo) vessel Baltic Enabler. From there, the state-of-the-art ice-class vessel embarked on its new regular route, connecting the Western European ports of Zeebrugge, Antwerp and Lubeck with seven ports in the Gulf of Bothnia [...]
10 January 2023 marked a day of milestones for Saudi Global Ports (SGP). A groundbreaking ceremony was held to signify the start of SGP’s civil works upgrade. The terminal also celebrated its latest productivity achievement with the handling of a record volume of more than two million twenty-foot Equivalent Units (TEUs) in [...]