PSA International (PSA) achieved a new annual container handling record of 100.2 million Twenty-foot Equivalent Units (TEUs) across its global port terminals for the year ended 31 December 2024. This Group achievement is a historic milestone as PSA surpassed 100 million TEUs handled in a single year for the first time. PSA’s [...]
PSA Singapore (PSA) reached a significant milestone on 24 December, handling over 40 million Twenty-foot Equivalent Units (TEUs) in 2024. This new record surpasses PSA’s previous annual high of 38.8 million TEUs set in 2023, highlighting the company’s continued growth and operational excellence. PSA Singapore hosted a celebratory event, gathering staff, [...]
TSC Marine, a joint venture between PSA Marine and NFC Co Ltd (NFC), welcomed the first three of its six new Z-TECH® tugboats — RS SKYE, RS HUNTER and RS SUMMER — during a tug welcoming ceremony held at PSA’s Thai Connectivity Terminal at Map Ta Phut (MTP), Thailand. The strategic establishment [...]
PSA Singapore (PSA) and Evergreen Marine Corporation (EMC) have established a joint venture in Singapore, aiming to enhance operational excellence and achieve greater synergies in container operations.The joint venture terminal is expected to commence operations by the end of 2024. This strategic partnership will offer long-term terminal capacity assurance to EMC’s fast [...]
PSA International (PSA) and the National University of Singapore (NUS) jointly announced today the launch of the PSA-NUS Supply Chain Living Lab. Recognising the growing need for integrated solutions that extend beyond container handling within ports, PSA has in recent years, expanded its role as a leading global port operator to also [...]
PSA Singapore has been recognised as the ‘Container Terminal Operator of the Year’ at the Supply Chain Asia Awards 2024, marking their 16th consecutive award in this category! Supply Chain Asia, as a not-for-profit professional body, aims to bring professionals from within the logistics and supply chain industry together to share knowledge, [...]
PSA unboXed — the corporate venture capital arm of PSA International — signed an agreement with Amperesand, a grid infrastructure solutions provider, to embark on a collaborative trial focused on enhancing port decarbonisation and promoting sustainable logistics practices. This partnership involves a pilot trial of Amperesand’s solid-state transformer (SST) technology at Singapore’s [...]
PSA Singapore (PSA) has unveiled the PSA Supply Chain Hub @ Tuas (PSCH), a central part of its strategic expansion of the Tuas Port ecosystem. Singapore Prime Minister and Minister for Finance Lawrence Wong graced the groundbreaking ceremony, held on 18 October. The state-of-the-art facility, scheduled to be ready by 2027, is [...]
PSA Singapore has been named the Overall Winner for the first time and the Procurement Team of the Year for the second time at the CIPS Asia Excellence in Procurement Awards 2024! The awards ceremony was held during the ProcureCon Asia event in July.Co-organised by ProcureCon and the Chartered Institute of Procurement [...]
PSA Mumbai has been awarded the Container Terminal of the Year (Growth) Award at the 14th edition of the India Maritime and Logistics Awards (MALA). Held on 21st August 2024 in Mumbai, this accolade is a testament to PSA Mumbai’s unwavering commitment in advancing the industry through innovative logistics solutions and exceptional [...]