PSA Group signs MoU with COSCO Shipping

SINGAPORE : PSA Group Chairman Peter Voser and Group CEO Kim Pong ONG met with our long-standing partners COSCO SHIPPING and Shanghai International Port Group (SIPG) in Shanghai last week.

We had excellent exchanges of strategic ideas, reinforcing the importance of deep collaboration in navigating today’s complex and evolving supply chain landscape. Our discussions with Chairman Wan Min of COSCO Shipping and Acting Chairman Song Xiaodong of SIPG underscored the strong trust and alignment we share — not only in scaling up our Node-to-Network (N2N) initiative, but also reaffirmed a shared vision in co-creating and developing new collaborations across many other locations in Singapore and around the world, extending beyond port operations into the wider supply chain ecosystem. A highlight was the signing of an MoU with COSCO Shipping to jointly explore establishing a Regional Distribution Centre at the PSA Supply Chain Hub @Tuas.

We look forward to advancing these strategic partnerships as we co-create smarter, stronger and more connected supply chains.