French shipping group CMA CGM and Singapore-based global container terminal operator PSA International have launched today Phase 2 of their container terminal in Singapore, thus doubling its capacity, announces the companies’ joint news release. In June 2016, a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) was set up by CMA CGM and PSA […]
Tag: PSA
Egypt to build second container terminal in Port Said
Egypt eyes Asian investment for a new container terminal in Port Said at the Mediterranean end of the Suez Canal, writes Nikkei Asian Review. The talks go on with Singapore’s PSA International but offers from other players such as China’s COSCO Shipping Ports are also considered. Mohamed Youssef, head of the Holding Company for Maritime […]
PSA calls for start-ups to develop Container Port 4.0
The corporate venture capital arm of PSA International, PSA unboXed, sends out its second call for action for its incubator programme, inviting start-ups and potential partners to propose technology solutions to support PSA’s project Container Port 4.0 (CP4.0), writes Singaporean The Business Times. CP4.0 is PSA’s transformational blueprint developing the Port of the Future, that […]
The largest port relocation project in history
In 2016 MSC PSA European Terminal (MPET) in Antwerp, formerly known as the MSC Home Terminal, has moved its operations from the Delwaidedock on the right bank of the river Scheldt to the Deurganckdock on the left bank. With this purpose the terminal on the left bank has been expanded to an annual capacity of 9 mln TEU. The […]
PSA enters China’s railway container terminals market
One of the leading global port operators Singapore-based PSA has invested in China United International Rail Containers Co., Limited (CUIRC), a Sino-Foreign joint venture (JV) with a mandate from the government of the People’s Republic of China to develop and operate 18 railway container terminals within the country, announces PSA’s press release. The investment has […]