PSA Wins Bid for Investment in Xiamen Port

PSA expands China presence with Xiamen port investment

PSA International has secured an investment in Xiamen Container Terminal Group through a public bidding process. The group operates eight container terminals with a combined annual capacity of about 20 million TEUs. The deal remains subject to regulatory approvals and closing conditions. Expanding logistics integration As part of the transaction, PSA will also increase its stake in the Xiamen Port Intermodal Logistics Hub. This move aims to stre…

PSA International boosts China footprint with Xiamen terminal investment

Singapore’s PSA International has secured an investment in Xiamen Container Terminal Group, which comprises eight container terminals with an annual designed capacity of approximately 20m teu. As part of the transaction, PSA will further increase its investment in the Xiamen Port Intermodal Logistics Hub, enhancing the integration of Fujian’s port, supply chain, and intermodal capabilities. …

PSA wins bid for investment in Xiamen port

The transaction expands its footprint in China’s Fujian province