PSA International has acquired Ceres Halifax Inc. from Nippon Yusen Kabushiki Kaisha. PSA will now operate two container terminals in Halifax, namely Atlantic Hub and Fairview Cove, jointly branded under PSA Halifax. PSA Halifax’s Atlantic Hub terminal is located at the south end of the city of Halifax. Its investments in mega [...]
PSA has joined a network of leading global organisations as a signatory and participant of Smart Freight Centre’s (SFC) Guidance for End-to-End Greenhouse Gas (GHG) Logistics Emissions, which will be published in collaboration with the World Business Council for Sustainable Development (WBCSD). The objective of this guidance – targeted for publication at [...]
Saudi Global Ports (SGP) has formally assumed the operatorship of the Riyadh Dry Port (RDP) Ecosystem on 14 March 2022 under a new entity “SGP Riyadh”. The successful takeover was completed in under 4 months following the signing of a 10-year concession agreement between Saudi Railway Company (SAR) and SGP on 7 [...]
On 3 March 2022, Saudi Global Ports (SGP) moved a total of 18,021 TEUs on the container ship COSCO SHIPPING CAPRICORN. This is a record for the highest number of TEUs handled in a single vessel call in the Kingdom of Saudi Arabia’s seaports! Operated by COSCO SHIPPING LINES (COSCO), this vessel [...]
PSA International handled 91.5 million Twenty-foot Equivalent Units (mTEUs) in 2021, an increase of 5.6% from the previous year. PSA Singapore contributed 37.2 million TEUs, an increase of 1.6% from 2020. PSA terminals outside Singapore delivered a total throughput of 54.3 million TEUs, increasing 8.4% over 2020. PSA Group revenue increased by [...]
PSA Singapore and the Agency for Science, Technology and Research’s (A*STAR’s) Institute of High Performance Computing (IHPC) in Singapore have signed a research collaboration agreement. They will jointly develop a large-scale fleet management solution for automated guided vehicles (AGVs) to move containers efficiently and securely at Tuas Port.AGVs currently play a significant [...]
Did you know that Dr William Frederick Gericke is known as the "father of hydroponics"? PSA Marine’s new smart hydroponics rooftop farm, Gerické (pronounced Ge-RI-kay), is named after him! The Gerické rooftop farm is part of PSA Marine’s Sustainability Movement. Through this initiative, PSA Marine aims to increase awareness about food security, [...]
PSA International was shortlisted as one of the top 3 finalists for the TT Club Innovation in Safety Award 2021. The event, held virtually at TT Club’s offices in London on 22 February 2022, saw PSA receiving the highest commendation for its submission on ‘Harnessing Video Analytics’.‘Harnessing Video Analytics’ is a compilation [...]
PSA Jurong Island Terminal in Singapore achieved a record container volume of more than 100,000 twenty-foot equivalent units (TEUs) in the year ending 31 December 2021. This marks a 45 per cent increase since 2020, and is its highest volume since 2012. The new record volume is significant in creating a [...]
In Tianjin, China, a snowstorm had just passed, and the temperature hit a low of -10 degrees Celsius, but the Tianjin Port Container Terminal (TPCT) team was fired up with determination. The Madison Maersk vessel was alongside, and the team was setting its sights on a new gross berth productivity (GBP) record. [...]