Nov 29 2024

Joint venture to ramp up fleet capacity

PSA Singapore and Evergreen Marine Corporation (EMC) have formed a joint venture to enhance container terminal operations in Singapore, set to begin by late 2024. The collaboration aims to provide EMC's expanding fleet with assured terminal capacity while driving operational efficiency, digital innovation, and sustainability.

Evergreen’s first joint venture terminal with PSA strengthens its operations in Asia and fosters a deeper global partnership. The initiative aligns with PSA’s node-to-network strategy and EMC’s focus on eco-friendly and efficient operations, strengthening supply chain resilience and improving services. Read more

Source: ITJ