PSA International Pte Ltd, formerly known as the Port of Singapore Authority, is a leading global port operator and supply chain company. Headquartered in Singapore, PSA operates over 60 deepsea, rail, and inland terminals across more than 170 locations in 45 countries.
PSA International is renowned for its flagship operations in Singapore and Antwerp, and it plays a crucial role in global trade by providing port services, logistics services, and marine services. The company is also involved in distripark and marine services, making it one of the largest port operators in the world.
Global terminal operators’ equity-based throughput league table
Volumes on equity-weighted basis in 2023 from Drewry for the Singaporean giant the world’s largest private port operator still came in at more than 62m teu, ensuring PSA retains a commanding lead over its sector rivals.
The growing imperative of port automation
The first phase of Tuas Port opened in September 2022, with the entire port to be completed by 2040. When completed, Singapore’s handling capacity will be doubled, and the port will be able to service vessels more than 400m in length. It will also work in tandem with the airport, to strengthen the current connection between the nation’s air and seaports, allowing the economy to benefit from greater trade volumes.
By the way, in 2016, PSA welcomed HAKOVO to its incubator programme, which invests in start-ups that create innovative port technology and supply chain solutions.