PSA Expands Investment in Xiamen Container Terminals
Singapore-based PSA International has acquired a stake in Xiamen Container Terminal Group, which operates eight terminals with a combined annual capacity of around 20 million TEU.
As part of the deal, PSA will also increase its investment in the Xiamen Port Intermodal Logistics Hub, aiming to strengthen the integration of port operations, supply chains, and intermodal transport across Fujian province. The investment was awarded through a formal public bidding process.
PSA described the move as a key milestone in its long-term strategy in China, reinforcing its presence in Fujian, where it already has investments in both Xiamen and Fuzhou.
The partnership supports the ongoing development of the Fujian Silk Road Maritime Strategy and aligns with PSA’s broader goal of connecting ports more closely with inland logistics networks and supply chain systems.
Fujian’s location along China’s southeast coast places it in a strong position to support growing trade volumes, particularly with the global south, while also improving access to China’s import and distribution networks.
“Together with PSA’s existing venture in Fuzhou, Fujian is envisaged as a strategic global hub to better serve customers by strengthening and enhancing a total ecosystem effort. This venture will create resilience and extensive customer value for sustainable global trade as part of PSA’s Node-to-Network strategy,” said Ong Kim Pong, CEO of PSA International.