PSA unboXed — the corporate venture capital arm of PSA International — has partnered with Singapore-based energy storage solutions provider VFlowTech. This strategic investment will allow PSA unboXed to tap VFlowTech’s expertise in energy storage solutions. PSA unboXed led the Extended Series A-2 funding round and with this, PSA will join other [...]

PSA Singapore has made significant strides in enhancing service route productivity on the Singapore Qinzhou Shuttle (SQS) service. By optimising ship schedules and routes, PSA has maximised efficiency and effectiveness in operations, reducing vessel loading times and bunker fuel used. The SQS service operates through PSA Singapore, Kuantan Port in Malaysia, Eastern [...]

PSA SECH in Genoa achieved a significant milestone by welcoming the MSC ANITA, the largest container vessel to ever call on the terminal on 13 March 2024. With a capacity of 16,520 TEUs, the ship has set a new benchmark for the terminal, surpassing the previous record held by the CMA CGA [...]

PSA Singapore, in collaboration with Nippon Yusen Kabushiki Kaisha (NYK) and “K” Line, has renewed and extended the joint venture at the Asia Automobile Terminal Singapore (AATS) for another 12 years to meet the growing demand for automotive transhipment capacity and connectivity.AATS, with its capacity to handle 1 million vehicles annually, stands [...]

PSA Middle East South Asia and Container Corporation of India (CONCOR) have signed a Memorandum of Understanding (MoU) on 18 April 2024 to explore and collaborate in offering seamless and cost-effective end-to-end logistics service to customers.The MoU signing was held in New Delhi, and was witnessed by Chairman and Managing Director of [...]

PSA Singapore has been honoured with the Wellbeing Innovation award at the 2024 WorkWell Leaders Awards – an annual event organised by Singapore-based charity WorkWell Leaders – which aims to recognise the best-practice standards in addressing systemic change for mental health at the workplace.The award is a testament to PSA Singapore’s commitment [...]

PSA Ameya, a subsidiary of PSA India, and GR Logistics Park (Indore) Private Limited, a subsidiary of G R Infraprojects Limited (GRIL), have formalised an agreement to operate an Inland Container Depot (ICD) at the Multimodal Logistics Park (MMLP) in Indore. This partnership is PSA Group’s first venture into rail operations of [...]

PSA International has completed its inaugural disclosure submission to CDP for the 2023 climate change assessment and achieved an overall ‘B’ rating based on environmental information about PSA’s Ports and PORT+ businesses. The rating assures that PSA has addressed the environmental impacts of the disclosed portfolio and reflects good environmental management. CDP [...]

PSA Singapore recently joined forces with five major shipping lines – CMA CGM, Hapag Lloyd, HMM, Ocean Network Express (ONE), and Yang Ming – to make the day of seniors from Lions Befrienders, one of PSA’s partner beneficiaries!Held on 27 February, the half-day event was the first corporate social responsibility activity jointly [...]

PSA Sines recently received six new electrified automated rubber tyred gantry cranes (aRTGs). These are set to increase productivity and improve safety at the yard while helping the terminal achieve its sustainability goals.The new aRTGs add on to PSA Sines’ fleet of yard cranes, which are all fully electric-powered, and will bring [...]