PSA International https://www.globalpsa.com The World's Port of Call Tue, 14 Dec 2021 07:00:28 +0000 en-GB hourly 1 PSA Korea Donates $13 Million Korean Won to the Korean Association for Children with Leukemia and Cancer https://www.globalpsa.com/psa-korea-donates-13-million-korean-won-to-the-korean-association-for-children-with-leukemia-and-cancer/ Tue, 14 Dec 2021 07:00:28 +0000 https://www.globalpsa.com/?p=9337 Incheon Container Terminal (ICT), Pusan Newport International Terminal (PNIT) and HMM PSA Newport Terminal (HPNT) have jointly donated $13 million Korean won to the Korean Association for Children with Leukaemia and Cancer (KACLC), which will be used to help children undergoing leukaemia and cancer treatment. The donation has been a tradition since [...]

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Incheon Container Terminal (ICT), Pusan Newport International Terminal (PNIT) and HMM PSA Newport Terminal (HPNT) have jointly donated $13 million Korean won to the Korean Association for Children with Leukaemia and Cancer (KACLC), which will be used to help children undergoing leukaemia and cancer treatment.

The donation has been a tradition since 2017, with this year’s donation consisting of $3 million Korean won from ICT, $5 million Korean won from PNIT and $5 million Korean won from HPNT.

To further show their love and support with a personal touch, our colleagues from PSA Korea also participated in a “ColouredCardGame” activity. Together with their families, our colleagues hand-coloured 58 sets of unfinished cards and included a handwritten message of support in each set. During the activity, they also learnt more about childhood cancer facts. For example, childhood cancer is not contagious nor hereditary, and that there is an approximately 80% cure rate.

These 58 sets of cards were sent to children who are currently hospitalised and spend most of their time undergoing treatment. Each set consists of 24 pairs of cards and can be used to play therapy games. To play, the children begin by setting all the cards face down, progressively turning them over one by one to memorise the cards and their positions, with the end goal being to find all the pairs.

Due to the ongoing pandemic, face-to-face donation ceremonies were not held. In place, employees sent photos instead to express their well wishes for the children.

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Saudi Global Ports Awarded Concession to Operate Riyadh Dry Port Ecosystem https://www.globalpsa.com/saudi-global-ports-awarded-concession-to-operate-riyadh-dry-port-ecosystem/ Mon, 13 Dec 2021 07:26:06 +0000 https://www.globalpsa.com/?p=9332 Saudi Global Ports (SGP) has been awarded a concession by the Saudi Railway Company (SAR) to develop and operate the Riyadh Dry Port (RDP) Ecosystem, comprising three facilities in Riyadh and Dammam, following a public private partnership tender process under the authority of the Kingdom of Saudi Arabia’s Privatization Supervisory Committee. SGP [...]

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Saudi Global Ports (SGP) has been awarded a concession by the Saudi Railway Company (SAR) to develop and operate the Riyadh Dry Port (RDP) Ecosystem, comprising three facilities in Riyadh and Dammam, following a public private partnership tender process under the authority of the Kingdom of Saudi Arabia’s Privatization Supervisory Committee.

SGP is the container terminal operator of King Abdul Aziz Port Dammam (Dammam Seaport), and is a joint venture between PSA International and the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund.

SGP plans to develop and operate RDP and Dammam Seaport as an integrated system, to improve logistics network flow efficiencies and reduce logistics costs in Saudi Arabia. It will also collaborate with SAR and various stakeholders to provide multimodal and cargo solutions for market needs, and grow RDP’s rail freight activities.

Regional CEO of Middle East South Asia and Head of Group Business Development Wan Chee Foong, said: “We thank Saudi Railway Company for their trust and confidence in Saudi Global Ports. As a leading global port operator and partner to cargo stakeholders, PSA strives to provide innovative digital and cargo solutions to businesses and governments around the world. We will continue to work closely alongside Saudi Global Ports and Saudi Railway Company with a common vision to transform Riyadh Dry Port into a resilient and sustainable supply chain ecosystem, to benefit the Kingdom of Saudi Arabia and beyond.”

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

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PSA & ONE Launch Environmentally Friendly Barge Service at Jurong Island Terminal in Singapore https://www.globalpsa.com/psa-one-launch-environmentally-friendly-barge-service-at-jurong-island-terminal-in-singapore/ Fri, 03 Dec 2021 09:58:38 +0000 https://www.globalpsa.com/?p=9313 PSA and Ocean Network Express (ONE) have launched an environmentally friendly barge sailing service from PSA Singapore to PSA Jurong Island Terminal in November. This collaboration marks another milestone for the two like-minded and eco-conscious partners, as both collectively strive for decarbonisation to limit the impact of terminal and shipping activities on [...]

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PSA and Ocean Network Express (ONE) have launched an environmentally friendly barge sailing service from PSA Singapore to PSA Jurong Island Terminal in November. This collaboration marks another milestone for the two like-minded and eco-conscious partners, as both collectively strive for decarbonisation to limit the impact of terminal and shipping activities on our environment.

PSA International Regional CEO Southeast Asia Ong Kim Pong said, “PSA is excited to embark on this greener mode of cargo transportation with ONE, bringing our long-standing partnership and shared vision to the next level. Our collaboration has not only optimised operational efficiency, but also created a greener ‘marine highway’ option for shippers and carriers as we stay committed to greening the industry. With this cleaner mode of transport, PSA has further built on our vision to orchestrate supply chains better and more sustainably.”

Transportation of container-on-barge – or barge shipping – is a more environmentally friendly mode of cargo transportation compared to truck operations. This joint endeavour could realise a reduction of up to 30 per cent of greenhouses gases (GHG) emissions for every twenty-foot equivalent unit (TEU) container moved. This barge service will be used to transport empty containers to PSA Jurong Island Terminal – a two berth barge terminal – for ONE’s customers located on Jurong Island.

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

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CrimsonLogic Signs MOU To Establish a Digital Trade Corridor Promoting Asia-Europe Trade Routes https://www.globalpsa.com/crimsonlogic-signs-mou-to-establish-a-digital-trade-corridor-promoting-asia-europe-trade-routes/ Fri, 03 Dec 2021 02:55:57 +0000 https://www.globalpsa.com/?p=9310 Setting its sights on developing Kazakhstan as a critical transit for trade between Asia and Europe, CrimsonLogic signed a milestone Memorandum of Understanding (MOU) with KTZ Express – a subsidiary of Kazakhstan Rail Company and a national logistics operator - and local IT partner Digital Silk Way on 30 November 2021. Together, [...]

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Setting its sights on developing Kazakhstan as a critical transit for trade between Asia and Europe, CrimsonLogic signed a milestone Memorandum of Understanding (MOU) with KTZ Express – a subsidiary of Kazakhstan Rail Company and a national logistics operator – and local IT partner Digital Silk Way on 30 November 2021. Together, the partners will collaborate and establish a Digital Trade Corridor to promote trade for the region and beyond.

The core of this Corridor will be an integrated solution consisting of both CALISTA® and another solution from Digital Silk Way. The combined solution will aim to transform existing processes, creating a single platform that can provide seamless document flow, digitally connecting China to Europe. This initiative will also facilitate better B2B2G trade regulatory compliance and improve digital global trade connectivity, while also accelerating the transition to paperless technology for shippers and consignees to transport goods.

CrimsonLogic CEO Saw Ken Wye said: “In this new norm, the world is seeing increased pressure on the global supply chain. With this new Digital Trade Corridor, it will make it easier to facilitate trade via the Trans-Caspian International Transport Route, providing shippers and carriers more options, especially to land-locked countries. As a long-term strategic tech player in Kazakhstan, CrimsonLogic is delighted to enter this MOU with likeminded partners such as KTZ Express and Digital Silk Way to help elevate the country’s status as a global logistic hub.”

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

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PSA Inks Agreement to Acquire BDP International https://www.globalpsa.com/psa-inks-agreement-to-acquire-bdp-international/ Wed, 01 Dec 2021 02:06:38 +0000 https://www.globalpsa.com/?p=9303 PSA International has signed an Agreement to acquire 100% of the shares of privately-held BDP International, Inc. (BDP) – a leading provider of global integrated supply chain, transportation and logistics solutions – from New York-based private equity firm Greenbriar Equity Group, L.P. The transaction is subject to formal approvals by the [...]

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PSA International has signed an Agreement to acquire 100% of the shares of privately-held BDP International, Inc. (BDP) – a leading provider of global integrated supply chain, transportation and logistics solutions – from New York-based private equity firm Greenbriar Equity Group, L.P. The transaction is subject to formal approvals by the relevant authorities and other customary closing conditions.

For shippers and importers who are confronted with a volatile market and increasingly complex global logistics requirements, this will create opportunities for customised and sustainable solutions that will help them optimise the international supply chain process.

Group CEO Tan Chong Meng said, “This is an exciting time for us, as BDP will be PSA’s first major acquisition of this nature – a global integrated supply chain and transportation solutions provider with end-to-end logistics capabilities. Its strengths will complement and extend PSA’s capabilities to provide agile, resilient and innovative cargo solutions. Customers will be able to benefit from the extensive capabilities of both BDP and PSA, while accelerating their shift towards sustainable supply chains. We see this as a significant and strategic step forward in our vision to co-create an Internet of Logistics and we look forward to welcoming BDP into the PSA family.”

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

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PSA Signs Statement of Support to Accelerate Decarbonisation of the Freight Industry https://www.globalpsa.com/psa-signs-statement-of-support-to-accelerate-decarbonisation-of-the-freight-industry/ Fri, 12 Nov 2021 07:54:22 +0000 https://www.globalpsa.com/?p=9158 As a member of the World Economic Forum (WEF) Supply Chain & Transport CEO community, PSA has signed a statement of support committing to the joint effort in decarbonising the freight industry, alongside 15 other industry partners and stakeholders. This signifies PSA’s continued commitment to sustainable trade and contributing to a [...]

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As a member of the World Economic Forum (WEF) Supply Chain & Transport CEO community, PSA has signed a statement of support committing to the joint effort in decarbonising the freight industry, alongside 15 other industry partners and stakeholders. This signifies PSA’s continued commitment to sustainable trade and contributing to a net-zero future.

Across many sectors including the transport and shipping industry, it has become clear that Scope 3 emissions – those from supply chain operations, including the transport of goods – can make up as much as 90 per cent of an organisation’s carbon footprint. This provides the freight industry with a significant demand-driven opportunity to accelerate the sector’s decarbonisation efforts.

Recognising the challenge of limited green products and services in the logistics sector, the WEF Supply Chain & Transport CEO community developed a proposal supporting the pooling of green demand to accelerate the net zero transition through two mutually reinforcing mechanisms: 1) support for multi-modal buyer club models, and 2) development of one industry standard for book and claims carbon credit accounting, for all modes of freight transport.

The Supply Chain & Transport Industry Statement of Support for Green Demand Alliances and a Book & Claims Standard to accelerate decarbonisation of the freight industry was announced at the 2021 United Nations climate change conference, COP26, in Glasgow.

Through this Statement of Support, supply chain and transport industry leaders send a strong signal of the sector’s interest to accelerate the zero-emission future through a demand-driven approach, and industry collaboration.

To read the full Statement and view the full list of signatories, click HERE.

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PSA Singapore Reaps Recognition for its Gardens in Bloom https://www.globalpsa.com/psa-singapore-reaps-recognition-for-its-gardens-in-bloom/ Thu, 11 Nov 2021 05:52:09 +0000 https://www.globalpsa.com/?p=9152 PSA Singapore recently received awards for its commendable efforts in community gardening at this year’s Community in Bloom Awards, organised by Singapore’s National Parks Board. Two gardens – the Botanicals Sky @ MB and Botanicals Earth @ MB – were among 20 community gardens in Singapore which received the “Outstanding Edibles [...]

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PSA Singapore recently received awards for its commendable efforts in community gardening at this year’s Community in Bloom Awards, organised by Singapore’s National Parks Board.

Two gardens – the Botanicals Sky @ MB and Botanicals Earth @ MB – were among 20 community gardens in Singapore which received the “Outstanding Edibles – Growing Community Garden” title, while PATIO@PPTB3 was named “Outstanding Community Engagement Garden”, alongside 17 other gardens in the country!

Since 2019, we have opened three rooftop gardens at PSA Singapore’s Pasir Panjang Terminal Building 3 and Pasir Panjang Maintenance Base. More than 150 types of fruiting plants, herbs, leafy and root vegetables can be found in the three food gardens, and over 500 kg of organic produce have been harvested so far! The harvest is shared among colleagues and food canteen stallholders, as well as donated to partner beneficiaries under PSA Singapore’s CSR programmes.

A fourth food garden was also established inside Pasir Panjang Terminal earlier in 2020, while another food garden is currently being planned for at the upcoming Tuas Port.

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Tackling Plastic Pollution https://www.globalpsa.com/tackling-plastic-pollution/ Thu, 28 Oct 2021 02:23:19 +0000 https://www.globalpsa.com/?p=9112 It has been estimated that every month, over a million tons of plastic enters rivers and oceans worldwide. This amount could triple over the next 20 years, according to a report on transparency in the plastics supply chain, which was published by non-profit philanthropic body the Minderoo Foundation and consultancy SYSTEMIQ late [...]

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It has been estimated that every month, over a million tons of plastic enters rivers and oceans worldwide. This amount could triple over the next 20 years, according to a report on transparency in the plastics supply chain, which was published by non-profit philanthropic body the Minderoo Foundation and consultancy SYSTEMIQ late last year.

In addition, a clear link has been established between plastic pollution in the seas, and climate change. Low Density Polyethylene (LDPE) – for example plastic milk bottles and shopping bags – release high concentrations of greenhouse gases (methane and ethylene) into the environment when exposed to solar radiation, according to a scientific report on European marine microplastic pollution, published by GMIT (the Galway–Mayo Institute of Technology) in May this year.

While concern over plastic waste in the oceans has been escalating in recent years, so have efforts by the maritime industry to combat the problem.

It is estimated that some 80% of ocean plastic come from land-based sources, while much of the rest is discarded fishing gear. The dumping of these items from ships has been banned by the International Maritime Organization’s MARPOL Convention Annex V since 1988.

In 2018, the International Maritime Organisation (IMO) adopted an Action Plan to further address marine plastic litter from ships, pointing out that both macro plastics – large items such as plastic bags, water bottles and fishing gear; and microplastics – small plastic particles generally five millimetres or less in size – persist in the marine environment, resulting in harmful effects on marine life and biodiversity, as well as negative impacts on human health when they enter the food chain.

The Action Plan is to be completed by 2025 and includes measures such as a proposed study on plastic litter from ships, looking into the availability and adequacy of port reception facilities, and various measures designed to stem the loss of fishing gear into the sea. The latter includes the possibility of making it mandatory to have clear marking on nets so that the identity of their owners can be determined if discarded items are found.

In late 2019, the IMO followed up by launching, together with the United Nations’ Food and Agriculture Organization (FAO), the GloLitter project. Initially funded by the Government of Norway, this global initiative develops guidance documents, training material and toolkits for countries around the world to help enforce existing regulations.

The GloLitter project includes private sector participation through a worldwide industry alliance and seeks partners from major maritime and fishery companies.

Meanwhile, other projects to tackle plastic pollution in the ocean are underway.

Perhaps the best known is Netherlands-based The Ocean Cleanup run by CEO Boyan Slat, a past winner of the Nor-Shipping Young Entrepreneur Award. The project has set itself the ambitious aim of tackling the Great Pacific Garbage Patch (GPGP), a floating agglomeration of waste now estimated to contain 100 million kg of plastic and covering an area the size of France, Germany and Spain combined.

After some 30 vessels had participated in a GPGP mapping exercise, a prototype large-scale floating array system was towed out of San Francisco Bay into the patch in September 2018. In the initial four-month campaign that was undertaken by project partners including Maersk Supply System, communications network provider Iridium, class society DNV and insurer Gard, the system passively collected debris washed into the epicentre of the array’s curved shape and was then loaded onto barges for responsible disposal.

As of July 2021, a second-generation system is being trialled in the GPGP. Measuring 800 meters across, the improved design this time incorporates an active propulsion system that guides it towards pollution ‘hotspots’ in the patch.

Ocean Cleanup has also designed Interceptor craft to be deployed in rivers, to stop plastic waste before it reaches the oceans. Coca Cola is a high-profile sponsor on this project.

Founder Boyan Slat’s intention is to raise enough support to scale up both projects, deploying enough systems to have a significant impact in reducing marine pollution. He has already moved into the field of recycling as well, producing stylish, eco-friendly sunglasses from the marine plastic waste collected.

Then there is the French Plastic Odyssey project, where an ocean research vessel is setting off on a three-year voyage around the world this year, stopping off at 30 cities in mostly developing countries where plastic pollution is most prevalent, to conduct one-week educational classes and demonstrations to encourage the development of local plastic recycling endeavours.

Sponsored by big names in the beauty and pharmaceuticals industries such as L’Occitane en Provence and Clarins, the Plastic Odyssey project is also supported by maritime-related service suppliers such as communications company Marlink, navigation specialist Simrad and lawyers Stephenson Harwood.

Meanwhile, what is described as a ’who’s who’ of maritime leaders, ship managers and owners have pledged their support to a new evidence-based approach to tackling ocean and coastal pollution. Set up on the Isle of Man in 2020, non-profit organisation Eyesea aims to map marine plastic pollution by asking supporters worldwide – including ship crews – to send in geotagged photos of marine litter taken on their mobiles.

Eyesea’s goal is to build up comprehensive maps of marine pollution that can inform and empower government and NGO environmental efforts. ‘Without proper data on maritime pollution – what and where it is – effective solutions are hard to find’ runs the stated rationale behind the project.

While all the aforementioned initiatives are based in Europe, other parts of the world including Asia are rising to the plastics challenge.

Singapore for example formed the Plastics Recycling Association of Singapore (PRAS) in August this year, to enhance the country’s capability in plastics recycling. According to Minister for Sustainability and the Environment Grace Fu, the association will bring together various stakeholders to exchange knowledge and best practices on plastic waste management and recycling.

PRAS will implement a return and recycling scheme in the Republic for PET (polyethylene terephthalate, a form of polyester) bottles by setting up designated collection points, as well as explore new solutions in plastic waste recycling by tapping into Singapore’s R&D ecosystem, said Ms Fu. Citing neighbour Malaysia’s roadmap towards zero single-use plastics and Indonesia’s circular economy approach towards sustainable growth and development, she added that PRAS is also intended to create opportunities for a circular economy both in Singapore and beyond.

Meanwhile, in early October, Japanese carrier “K” Line announced it had signed a joint research agreement with Tokyo University of Marine Science and Technology (TUMSAT) to start joint research on marine plastics. The joint research will use “K” Line vessels to collect samples of plastic particles from their seawater intake lines, and TUMSAT will collect the samples for analysis. The partners expect the project to lead to further research, such as the collection of microplastics in the open sea using ocean-going vessels and the establishment of a monitoring system for the density of microplastics in specific areas.

While plastic continues to be a critical component in daily life across the planet, its impact on the environment cannot continue to be ignored. The current business-as-usual mode is no longer a valid option for humanity and the future of the planet. Never before have the need for sustainable solutions to plastic waste been more apparent and hopefully the world and its leaders are starting to take note.

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PSA Wins Two Accolades at the 2021 Asian Freight, Logistics & Supply Chain Awards https://www.globalpsa.com/psa-wins-two-accolades-at-the-2021-asian-freight-logistics-supply-chain-awards/ Fri, 22 Oct 2021 08:50:26 +0000 https://www.globalpsa.com/?p=9065 PSA International has been voted “Best Global Container Terminal Operator” for the 14th time at the 2021 Asian Freight, Logistics & Supply Chain Awards (AFLAS).In addition, PSA Singapore was named “Best Container Terminal – Asia (over 4 million TEUs)”. This marks the 31st time PSA Singapore has won the award.PSA International Group [...]

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PSA International has been voted “Best Global Container Terminal Operator” for the 14th time at the 2021 Asian Freight, Logistics & Supply Chain Awards (AFLAS).

In addition, PSA Singapore was named “Best Container Terminal – Asia (over 4 million TEUs)”. This marks the 31st time PSA Singapore has won the award.

PSA International Group CEO Tan Chong Meng said, “These industry accolades, received during extraordinary times, are especially meaningful as they validate our efforts to help our partners and stakeholders cushion supply chain disruptions and maintain essential business activities in the face of the COVID-19 pandemic and shifting trade patterns.

“I would like to thank our customers and business partners for their continued vote of confidence, as well as convey my deep appreciation to our staff, unions and management whose unceasing dedication and contributions have made this possible. PSA will continue to seek mutually beneficial collaborations in the ports and logistics spheres; and invest in digitalisation and innovative technologies to enable more resilient and sustainable supply chain ecosystems around the world.”

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

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PSA India Wins Two Awards at the India Maritime Awards 2021 https://www.globalpsa.com/psa-india-wins-two-awards-at-the-india-maritime-awards-2021/ Mon, 11 Oct 2021 03:59:22 +0000 https://www.globalpsa.com/?p=8686 PSA Mumbai won the Upcoming Terminal of the Year award at the annual India Maritime Awards on 2 October 2021. Ameya Logistics – a majority-owned subsidiary of PSA India – was also named the Best Container Freight Station (CFS) Operator (Pan India). The event was organised by Daily Shipping Times, a leading [...]

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PSA Mumbai won the Upcoming Terminal of the Year award at the annual India Maritime Awards on 2 October 2021. Ameya Logistics – a majority-owned subsidiary of PSA India – was also named the Best Container Freight Station (CFS) Operator (Pan India). The event was organised by Daily Shipping Times, a leading trade publication in India, and was also attended by key players of the industry.

The awards recognised the contribution of various industry players and stakeholders, highlighting their commitment and excellence despite the challenges caused by the COVID-19 pandemic.

PSA Mumbai was recognised for its ability and resilience in operations during the pandemic and for meeting customer requirements despite delayed and off scheduled arrivals. Ameya Logistics, with CFSs in Mumbai and Mundra, was at the forefront of ensuring the imports and exports were distributed seamlessly between terminals, CFSs and cargo owners.

Managing Director of PSA India Mike Formoso said, “The awards are a testament to the hard work and determination of our teams at PSA Mumbai and Ameya Logistics, who worked tirelessly alongside the shipping community to ensure trade continued unhindered. We remain deeply appreciative of the continued trust and confidence placed in us by our customers and by port users and cargo owners.”

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