PSA Singapore (PSA) and Evergreen Marine Corporation (EMC) have announced the establishment of a joint venture aimed at optimizing container terminal operations in Singapore. This strategic partnership is poised to enhance operational efficiency and create synergies as both companies respond to the growing demands of the maritime industry.
The new terminal is set to commence operations by the end of 2024, ensuring long-term capacity assurance for EMC’s rapidly expanding global fleet. The collaboration between PSA and EMC is expected to foster advancements in digital innovation, sustainability initiatives, and operational effectiveness.
As the joint venture takes shape, both companies remain committed to enhancing service delivery and advancing technology within the maritime logistics space.