PSA Singapore, Evergreen Marine work on terminal operations

Time: 2024-12-02 10:30:51    Hits: 2882

PSA Singapore (PSA) and Evergreen Marine Corporation (EMC) have

established a joint venture in Singapore aiming to enhance operational

performance.

PSA Singapore, Evergreen Marine work on terminal operations

The partnership aims to offer long-term terminal capacity assurance to

EMC’s fast-expanding global vessel fleet in PSA Singapore.

PSA and EMC will continue to deepen their collaboration to enhance

operational efficiency, drive digital innovation, and advance sustainability

efforts.

The joint venture terminal is expected to commence operations by the end of

2024.

Nelson Quek, Regional CEO Southeast Asia, PSA International, said: “PSA is

pleased to form this strategic joint venture with EMC, building on our

longstanding relationship to enhance collaboration and meet the rapidly changing

needs of the maritime industry.

“By integrating our strengths and capabilities, this mutually beneficial

partnership will deliver greater value and deepen the synergies between the two

organisations over the long term.”

Y.I. Chang, Chairman of EMC, added: “Environmentally friendly ships and

efficient terminals are at the core of our operations.

“As the company’s business expands, we are always looking for like-minded

partners to build high-efficiency terminals in important locations. With the

culmination of everyone’s hard work comes the launch of Evergreen Marine’s first

joint venture terminal with PSA.

Last month, PSA Singapore launched the PSA Supply Chain Hub @ Tuas (PSCH)

as part of its strategic development in Tuas Port.

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