Singapore RoRo terminal joint venture

Subject to regulatory approval, the joint venture terminal is expected to begin operations in the first half of this year.

“PSA has long served as a cornerstone of global trade, trusted as a key hub and vital node within the world’s supply chains,” said Nelson Quek, regional chief executive, Southeast Asia, PSA International.

“This partnership with MOL strengthens that role by integrating our automobile terminal more deeply into our global network, enabling seamless connectivity across the automotive logistics value chain.”

Singapore is Southeast Asia’s largest automotive transhipment hub and a critical gateway connecting Asia to major global markets.

The new joint venture is designed to strengthen this position by enhancing terminal service reliability and operational efficiency for MOL’s RoRo services, while securing long-term terminal capacity to support growing automotive transport demand.

“This investment is an important part of MOL’s regional strategy to expand beyond shipping business, alongside our marine transportation services, and to expand our automotive business,” said Jotaro Tamura, senior managing executive officer of MOL.

“By combining the strengths of MOL and PSA in this joint venture, we will enhance scale and efficiency while driving sustainability and digital innovation.”

Beyond daily terminal activities, PSA and MOL plan to deepen cooperation across three strategic areas: operational optimisation, digital innovation and sustainability leadership.