PSA and Evergreen partner to enhance efficiency

The new joint venture terminal, which is set to begin operating by the end of 2024, will provide long-term terminal capacity assurance for EMC’s rapidly expanding global vessel fleet at PSA Singapore.

“Trade flows are the lifeblood of the global economy, fuelling markets, driving growth and connecting communities worldwide with ports and shipping lines acting as its key enablers,” commented Ong Kim Pong, group chief executive of PSA International.

“Together with Evergreen Marine, we see immense opportunities to embark on initiatives that will not only enhance supply chain resilience but also reimagine how ports and shipping lines can work in unison, as part of our Node-to-Network strategy so as to ensure global trade flows as smoothly as water.”

The companies hail the partnership as an opportunity to deepen their collaboration to improve efficiency, drive digital innovation and advance sustainability efforts.

“Environmentally friendly ships and efficient terminals are at the core of our operations,” said Chang Yen-I, chair of EMC.

“As the company’s business expands, we are always looking for like-minded partners to build high-efficiency terminals in important locations.

“This achievement not only strengthens our operations in Asia but also marks the beginning of a deeper global partnership between us.”