PSA and HMM Launch Joint Venture for Container Terminal Operations in Singapore

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 honoured to join forces with HMM, one of the world’s top ocean carriers and a globally integrated logistics company, to maximise operational synergies and address the rapidly changing landscape of the shipping industry. PSA and HMM have had a steadfast and long-standing working relationship and we are excited to take this partnership to the next level, achieving a strategic win-win for both parties. We look forward to working alongside HMM to unlock the potential of our combined strengths and capabilities.”

For more information, please click HERE for the press release.

Published On: 3 September, 2020