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PSA witnesses container growth amid revenue and profit declines

PSA International has announced a container throughput of 94.8 million TEUs in 2023, representing a growth of 4.3% compared to the last year. According to...

MSC nears a stake deal with PSA for Nhava Sheva Terminal

Mediterranean Shipping Co. (MSC Group) is reportedly moving close to striking a deal to pick up a minority stake in PSA International’s new terminal...

PSA Singapore withdraws restriction on hydrogen peroxide transportation

PSA Singapore has withdrawn a ban on carrying hydrogen peroxide through the port from Bangladesh and other countries. The ban was imposed on 9 June,...

PSA Singapore launches digital transformation initiatives

In an effort to respond to the growing need for greater resilience and agility in supply chains, PSA has developed and launched more than...

Indian apex court issues temporary stay on Tuticorin terminal contract termination

PSA International has won a temporary reprieve from the Indian Supreme Court against a terminal contract termination notice issued by the Tuticorin port authority,...

CMA CGM and PSA collaborate to reduce carbon footprint in Singapore

French ocean carrier CMA CGM and PSA Corporation, a subsidiary of the global port operator PSA International, have signed a Memorandum of Understanding (MoU)...

ONE and PSA complete trial use of reclaimed refrigerant gas from reefers

Ocean Network Express (ONE) and PSA Corporation have announced the successful use of reclaimed refrigerant gas from reefer containers. After the agreement, the two parties...

PSA and RHT partner on ESG digital assets solutions

PSA International Pte Ltd has entered into a Memorandum of Understanding (MoU) with the RHT Group of Companies to explore co-creation and investment in...

PSA and Samudera reinforce parternship for cargo and logistics solutions

PSA Corporation Ltd and PT Samudera Indonesia Tangguh have signed a Memorandum of Understanding (MoU) to work together in cargo solutions and logistics global...

JWD buys 20% stake in Thai box terminal operator from PSA

PSA Southeast Asia will sell a 20% stake in Eastern Sea Laem Chabang Terminal (ESCO) to JWD InfoLogistics Public Company Limited. The transaction is expected...
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Singapore Shipping Association unveils tool to enhance cyber risk management

Singapore Shipping Association (SSA), a trade association advocating for the interests of over 500 Singapore-based companies involved in ship owning, operating, and maritime services,...

MSC applies new prices from Far East to Europe

Swiss/Italian container carrier MSC will implement the following new Freight All Kind (FAK) rates from Asia to Europe. Effective as from 1 May but not...

Port of Antwerp-Bruges handles over 3.2 million TEUs in first quarter

The Port of Antwerp-Bruges said that despite the ongoing complexities in geopolitics and macroeconomics, its volume growth, primarily driven by a resurgence in container...

Port of Rotterdam achieves 10% CO2 emission reduction in 2023

In 2023, there was a 10% reduction in CO2 emissions at the port of Rotterdam compared to 2022, amounting to a decrease of 2.2...