PSA International (PSA)

PSA, DNV and PIL join forces to drive digital innovation

PSA International, DNV Singapore, and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MoU) to collaborate on carbon emission measurement, reporting, and verification (MRV).

This partnership aims to accelerate decarbonization in the maritime and logistics sectors by developing sustainable, data-driven solutions.

As sustainability reporting standards evolve, the need for reliable, harmonised data exchange across supply chains has grown. By integrating robust data...

https://container-news.com/psa-dnv-and-pil-join-forces-to-drive-digital-innovation/

PSA achieves historic milestone, surpassing 100 million TEUs in a year

PSA International has achieved a new annual container handling record of 100.2 million TEUs across its global terminals. This Group achievement includes a historic milestone as PSA surpassed 100 million TEUs handled in a single year for the first time.

PSA’s flagship terminal in Singapore reported a record throughput of 40.9 million TEUs, representing a 5.5% growth, while PSA terminals outside Singapore contributed 59.2 million TEUs, translating to a 5.7% increase. Overall, PSA Group volumes...

https://container-news.com/psa-achieves-historic-milestone-surpassing-100-million-teus-in-a-year/

PSA Singapore hits 40 Million TEUs in 2024

On 24 December, PSA Singapore (PSA) achieved a remarkable milestone by handling over 40 million TEUs in 2024.

This record-breaking performance surpasses the previous annual high of 38.8 million TEUs achieved in 2023, reflecting PSA’s consistent growth and operational excellence.

Ong Kim Pong, Group CEO, of PSA International, mentioned, “This record throughput for PSA’s flagship terminal in Singapore is a remarkable milestone and exemplifies our commitment to keep global trade flowing. Building on...

https://container-news.com/psa-singapore-hits-40-million-teus-in-2024/

PSA and National University of Singapore launch supply chain living lab

PSA International (PSA) and the National University of Singapore (NUS) have announced the establishment of the PSA-NUS Supply Chain Living Lab.

Recognizing the increasing demand for integrated solutions that go beyond traditional port container handling, PSA has broadened its scope as a global port operator to include services across the broader supply chain. To support this initiative, PSA has committed up to US$10 million in funding.

The PSA-NUS Supply Chain Living Lab aims to bridge industry...

https://container-news.com/psa-and-national-university-of-singapore-launch-supply-chain-living-lab/

PSA unboXed and Amperesand partner on SST technology trials for sustainable electrification

PSA unboXed, the external innovation and corporate venture capital arm of PSA International (PSA), and Amperesand, a grid infrastructure solutions provider, announced a collaborative trial focussed 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 port, as part of PSA’s planned upcoming charging facilities for its fleet of electric prime movers.

Amperesand’...

https://container-news.com/psa-unboxed-and-amperesand-partner-on-sst-technology-trials-for-sustainable-electrification/

PSA International announces new CEO

PSA International, a major worldwide port operator, announced that Tan Chong Meng will step down as Group CEO and Board Member on 1 March 2024.

Ong Kim Pong, currently the regional CEO of Southeast Asia at PSA International, will take over as Group CEO and be appointed to the PSA International Board.

In addition, Nelson Quek, managing director of PSA Singapore’s Container Business Division, the worldwide group’s flagship business unit, is going to take over as regional CEO of Southeast Asia. He...

https://container-news.com/psa-international-announces-new-ceo/

PSA introduces new leadership

PSA International announces that Mike Andaloro, CEO of PSA BDP and Sales and Operations, will retire after a successful and long career.

“Serving BDP for the past 37 years has been a deeply rewarding career experience,” stated Mike Andaloro.

In addition, Wan Chee Foong, PSA’s current regional CEO of Middle East South Asia and head of Group Business Development, will take over as CEO of PSA BDP on 3 October 2023. Mike will continue in office until the end of September to assist with the CEO...

https://container-news.com/psa-introduces-new-leadership/

PSA becomes shareholder in Duisburg Gateway Terminal

Singapore-based port and terminal operator PSA International has agreed to purchase a 22% share in Germany’s Duisburg Gateway Terminal GmbH (DGT).

The agreement is subject to approval by competition and regulatory authorities in Germany. When the purchase is completed, PSA will join Hupac, HTS, and duisport as shareholders in DGT.

DGT will be a container terminal in the Port of Duisburg and is expected to be Europe’s first 100% climate-neutral inland container terminal.

In addition, the trimodal...

https://container-news.com/psa-becomes-shareholder-in-duisburg-gateway-terminal/

PSA International completes BDP acquisition

PSA International (PSA) has completed the acquisition of 100% of the shares of BDP International (BDP) the provider of transportation and logistics solutions, from the private equity firm Greenbriar Equity Group.

This follows the receipt of formal approvals from relevant authorities required by the merger agreement, initially announced in December 2021.

“I am pleased to welcome BDP’s over 5,000 talented employees into the PSA family,” commented Tan Chong Meng, Group CEO of PSA International.

“Lever...

https://container-news.com/psa-international-completes-bdp-acquisition/

PSA acquires second terminal at the Port of Halifax

PSA International (PSA) has acquired Ceres Fairview Cove Container Terminal in the Canadian port of Halifax from Nippon Yusen Kabushiki Kaisha, and will now operate two container terminals in the port, namely Atlantic Hub and Fairview Cove, jointly branded under PSA Halifax.

PSA Halifax’s Fairview Cove terminal, at the north end of the city, will complement Atlantic Hub’s existing operations for vessels of up to 8,000 TEU, as part of its integrated offerings.

As for the PSA Halifax’s Atlantic Hub...

https://container-news.com/psa-acquires-second-terminal-at-the-port-of-halifax/

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