PSA Singapore has announced a strategic expansion of its Jurong Island Terminal (JIT) to meet growing demand for sustainable, efficient, and resilient supply chain solutions from industries based on Jurong Island. Located on the northwestern seafront of Jurong Island, JIT offers twice-daily barge sailings that connect beneficial cargo owners (BCOs) on Jurong [...]
Photos courtesy of WEF The 54th World Economic Forum (WEF) Annual Meeting was held in Davos, Switzerland from 15 to 19 January 2024, where over 2,700 leaders across 130 countries met in-person under the theme of “Rebuilding Trust”.PSA International Group CEO Tan Chong Meng and Group CEO (Designate) Ong Kim Pong participated [...]
Global DTC, a member of the PSA Group, has recently implemented a digital solution named Tez Customs, for the automatic submission and issuance of transit declarations that will simplify and speed up the process of customs clearance of transit cargo at the border of the People's Republic of China and the Republic [...]
PSA Mumbai marked a significant milestone this January with the achievement of handling more than two million TEUs in 2023! The container volume growth at the terminal was 30% year-on-year during this period. Strategically located in Jawaharlal Nehru Port, India's largest and premier container gateway, and offering well-equipped facilities, PSA Mumbai had [...]
PSA International (PSA) enjoyed a record-breaking year as it handled container volumes amounting to 94.8 million Twenty-foot Equivalent Units (TEUs) across its port terminals around the world for the year ended 31 December 2023. Of which, PSA’s flagship terminal in Singapore contributed 38.8 million TEUs (+4.8%) and PSA terminals outside Singapore handled [...]
New Priok Container Terminal One (NPCT1) received the Green and Smart Port Award in December 2023. NPCT1 achieved the three-stars rating for this award, which is the highest among participating terminals in Tanjung Priok, Indonesia, signifying the terminal's exemplary standards in green and smart port practices. The recognition was conferred by Indonesia’s [...]
Marking a significant milestone in its emissions reduction journey, PSA Mumbai is now India’s first 100% renewable energy-powered container terminal following the commission of its 7.8MW solar farm with O2 Power. The solar farm, which will be expanded to 10MW by June 2024, will provide over 75% of PSA Mumbai’s electricity requirements [...]
PSA Southeast Asia (SEA) marked the 20th anniversary of COSCO-PSA Terminal (CPT) with a commemorative event held at PSA Horizons on 14 November. Among the distinguished guests were PSA International’s Regional CEO for SEA Nelson Quek, PSA International’s Regional CFO for SEA and Chairwoman of CPT Board of Directors Kwong Wai Yan, [...]
PSA Sines recently welcomed two new mega Ship-to-Shore (STS) cranes in December. The new cranes will be added to the ten existing Super Post-Panamax cranes, allowing PSA Sines to handle the largest container vessels deployed at the Iberian Peninsula today. The new equipment will also play an important role in expanding PSA [...]
PSA Singapore has been recognised for its commitment to sustainability and excellence in engineering as they took home two separate award wins – the Institution of Engineers Singapore (IES) Sustainability Award and ASEAN Outstanding Engineering Achievement Award – in November! At the World Engineer’s Summit 2023, PSA Singapore took home the IES [...]