PSA to buy minority stake in DGT
PSA International is to acquire a 22% minority stake in Duisburg Gateway Terminal (DGT), joining Hupac, HTS and duisport as shareholders of DGT.
Located in the Port of Duisburg, DGT says it will be the first 100% climate-neutral inland container terminal located in the European hinterlands.
Tan Chong Meng, group chief executive of PSA, said the company was excited to become a partner in Duisburg Gateway Terminal. “As part of Europe’s largest and most sustainable inland port, DGT will be a key gateway in providing green logistics services to Germany’s dense industrial hinterland,” he said.
“PSA aims to strengthen the DGT partnership and support Germany’s green energy transition in line with our strategic focus towards enabling smoother, more resilient and sustainable trade.”
The construction of a trimodal DGT is on schedule. With an area of 235,000 square metres, DGT is set to be the largest container terminal in the European hinterland when completed. The first phase is scheduled for completion early next year.
“We are pleased to have gained an important strategic partner for the DGT company in PSA, which will contribute significantly to the success of the Duisburg Gateway Terminal with its various business segments in Europe, Asia and worldwide,” said duisport chief executive Markus Bangen.
“This network expansion strengthens both the competitive diversity and the further diversification of the Port of Duisburg.”