PSA Marine has been granted a three-year EUR 30 million-equivalent sustainability-linked loan by Singapore’s largest bank DBS. This loan – which encourages sustainable activity and growth by linking interest rate adjustments to an Environmental, Social and Governance (ESG) target – is PSA Marine’s first sustainability-linked loan and the first of its kind [...]
In an insightful panel discussion at the Global Compact Network Singapore (GCNS) Summit 2020, PSA International Group CEO Tan Chong Meng, alongside Temasek International CEO Dilhan Pillay Sandrasegara, shared insights on how companies can engage employees, board members and stakeholders amidst the increasing pressure on businesses to operate responsibly against the backdrop [...]
In a significant development for PSA Halifax, the South End Container Terminal extension at the Port of Halifax has been completed and is fully operational. This expanded piece of infrastructure, which is operated by PSA Halifax, also welcomed its first containership Zim Tarragona on 23 October 2020. With the completion of the [...]
The CMA CGM Jacques Saade – the world’s largest liquefied natural gas (LNG) powered containership – called at PSA Singapore on her maiden voyage on 12 October 2020. The maiden call event was graced by the Guest of Honour, Singapore’s Senior Minister of State for Transport and Foreign Affairs Chee Hong Tat; [...]
On 4 October 2020, PSA Singapore received its first batch of double trolley quay cranes (DTQCs) at Tuas Port. This is the first of six batches, each consisting of four units of DTQCs, shipped in preparation for operations in Phase 1 of Tuas Finger 2. The Tuas Equipment and Automation team worked [...]
Eager to keep the flame of volunteerism burning bright despite the COVID-19 pandemic, the PSA Health@Home team organised their first online volunteering event on 11 September. The virtual event was held with one of PSA Health@Home’s partners, St Luke’s ElderCare, at their Telok Blangah Centre in Singapore. Despite being unable to visit [...]
On 9 September 2020, PSA Halifax welcomed container ship CMA CGM Brazil, the largest vessel to call at a Canadian Port to date. The 366-metre-long and 51-metre-wide vessel with a capacity of more than 15,000 TEUs berthed at PSA Halifax at approximately 6:00pm (ADT). The inaugural call of the CMA CGM Brazil [...]
Saudi Global Ports (SGP), one of PSA International’s subsidiaries, has assumed management of both the First and Second Container Terminals in King Abdulaziz Port in Dammam (KAPD) with effect from 1 October. This makes SGP the sole container terminal operator of the port. To mark the momentous occasion, key representatives from PSA [...]
Spearheading transformation in India’s e-payment scene, PSA Mumbai has launched a digital online payments solution for its Direct Port Delivery (DPD) customers with local technology platform ODeX. With this solution, PSA Mumbai’s DPD customers will now be able to process documents and pay terminal handling charges with a single click on the [...]
PSA and HMM have joined forces to form a joint venture in Singapore, working together for enhanced operational excellence and efficiency in container operations. This strategic partnership will offer long-term hubbing certainty to HMM’s fast expanding global vessel fleet in PSA Singapore. Regional CEO Southeast Asia Ong Kim Pong said, “We are [...]