Saudi Global Ports Group (SGP), through its subsidiary Modern Port Services Company Limited, has been awarded four 20-year concession agreements by the Saudi Ports Authority (Mawani) to operate multipurpose terminals along the Eastern Coast of Saudi Arabia. These terminals are located at King Abdulaziz Port Dammam (KAPD), Jubail Commercial Port (JCP), King [...]
Mersin International Port (MIP), Türkiye’s premiere deepsea terminal and joint venture between PSA International, IFM and Akfen, marked a key milestone with the completion of the first phase of its USD 455 million East Med Hub 2 (EMH2) Terminal. A launch event marking this milestone was held on 29 May, attended by [...]
Baltic Hub, a member of the PSA Group, has officially inaugurated its new T3 terminal in Gdańsk on 6 June, marking a significant milestone in Poland’s maritime development and reinforcing its position within the global supply chain. The opening ceremony was attended by government officials, local authorities and industry leaders, celebrating this [...]
PSA International (PSA) and the Global Centre for Maritime Decarbonisation (GCMD) has announced a five-year strategic partnership on 5 June to advance collaboration on maritime decarbonisation initiatives across global port ecosystems. PSA is the first port operator to join GCMD as a strategic partner, contributing valuable port-side insights to drive the trial [...]
Baltic Hub, a member of the PSA Group, has marked a new milestone with the arrival of three state-of-the-art Ship-To-Shore (STS) cranes in March, with four having earlier arrived in October 2024 and currently undergoing testing. T3 will increase Baltic Hub’s capacity to handle the world’s largest container ships, reinforcing its position [...]
As a commitment towards the greening of supply chains, PSA International (PSA), DNV Singapore (DNV) and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MoU) to collaborate on carbon emission measurement, reporting and verification, and jointly develop sustainable solutions to advance decarbonisation in the maritime and logistics sectors. The MoU [...]
PSA Singapore has reached a new milestone: Tuas Port—the world’s largest fully automated container terminal—has handled 10 million TEUs since operations began in September 2022! This achievement highlights Tuas Port’s strategic significance as a cornerstone of Singapore’s supply chain and logistics industry. Positioned as a key node in the global maritime ecosystem, [...]
PSA Ventures and the National Industrial Development and Logistics Program (NIDLP) of the Kingdom of Saudi Arabia have entered a strategic collaboration to identify, nurture, and invest in promising start-ups, while jointly developing Minimum Viable Products (MVPs) with a clear pathway to commercial scale. This partnership aims to advance high-impact technologies that [...]
Photo credits to Sembcorp PSA Singapore (PSA), in collaboration with Sembcorp Solar Singapore, a leading renewable energy provider, has installed a solar farm at Keppel Terminal (KT). The facility is expected to operate for approximately three years before the lease for KT ends in 2027. This partnership aligns with PSA's commitment [...]
PSA International has unveiled the evolution of PSA unboXed, its innovation and startup accelerator platform, into PSA Ventures, a dedicated venture capital arm and venture builder. This strategic transformation will further solidify the Group’s commitment to driving growth, operational efficiency, and sustainability across global port and supply chain operations. Building on the [...]