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Cosco Shipping JV Signs MOU with PSA for Tuas Supply Chain Hub

Posted on September 7, 2025 at 5:48 pm (GMT+8)

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Cosco Shipping JV Signs MOU with PSA for Tuas Supply Chain Hub

SGX:F83.SI:Cosco Shipping International (Singapore)

A joint venture of Cosco Shipping International (Singapore) has signed a memorandum of understanding (MOU) with PSA Port Ecosystem (PSA), Supply Fortune Limited, and Goldlead Supply Chain Development to explore collaboration on a new warehouse project, the PSA Supply Chain Hub @ Tuas.

The parties aim to establish a regional distribution centre in Singapore to serve Southeast Asia and wider Asian markets, with most of the cargo targeted for regional transshipment.

Cosco noted that the MOU is non-binding and may or may not lead to a definitive agreement.

Thank you

#Cosco Shipping

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