It's on us. Share your news here.

PSA wins bid to expand Xiamen terminal

Posted on May 4, 2026

By Michele Labrut,

PSA International has won a bidding process to invest in Xiamen Container Terminal Group (XCTG). 

The deal covers eight container terminals with a combined annual designed capacity of around 20 million teu.

Alongside the terminal investment, PSA International will increase its stake in the Xiamen Port Intermodal Logistics Hub (XPLH), with the aim of deepening integration between port operations, inland logistics and wider supply chain connectivity across Fujian province.

“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. When completed, 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, Group CEO of PSA International, “This partnership reflects the strong alignment between Xiamen Port Group and PSA in supporting the Silk Road Maritime Strategy and enhancing Fujian’s role in international trade and shipping,” added Cai Li Qun, Chairman, Xiamen Port Group .

“By combining local strengths with PSA’s global capabilities and network, we will continue to strengthen Xiamen’s competitiveness and deepen integrated port and logistics development across the province.”

Completion of the transaction remains subject to regulatory approvals and customary closing conditions.

The investment strengthens PSA’s long-term presence in China, where it already holds interests in both Xiamen and Fuzhou, and aligns with its broader Node-to-Network strategy focused on linking port assets with end-to-end logistics ecosystems. Fuzhou was one of PSA’s early international investments outside of its homebase in Singapore.

Source

It's on us. Share your news here.
Submit Your News Today

Join Our
Newsletter
Click to Subscribe