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The globally active port and logistics company PSA International Pte Ltd (PSA), headquartered in Singapore, has signed contracts to acquire a 22 percent minority stake in Duisburg Gateway Terminal GmbH (DGT). The agreements made are still subject to the approval of the relevant competition and regulatory authorities.
(Duisburg) Upon execution of the contracts, the international shareholder group will be complete with Hupac, HTS, duisport, and PSA. The DGT will create the largest and first 100 percent climate-neutral container terminal in the European hinterland at the Port of Duisburg.
“We are pleased to have gained PSA as an important strategic partner for the DGT company, which will significantly contribute to the success of the Duisburg Gateway Terminal with its various business fields in Europe, Asia, and worldwide. This network expansion strengthens both the competitive diversity and further diversification of the Port of Duisburg. The topic of supply chain diversification is becoming increasingly important,” says duisport CEO Markus Bangen.
Tan Chong Meng, CEO of the PSA Group, says: “We are pleased to become partners of the Duisburg Gateway Terminal alongside the existing shareholders duisport, Hupac, and HTS. As part of Europe’s largest and most sustainable inland port, the DGT will be an important gateway for providing environmentally friendly logistics services for Germany’s dense industrial hinterland. By leveraging PSA’s global port and supply chain network, as well as its strong presence in continental Europe, PSA aims to strengthen the partnership with the DGT and support the green energy transition in Germany in line with our strategic focus on smoother, more resilient, and sustainable trade.”
Largest Container Terminal in the European Hinterland
The trimodal DGT is still under construction as planned. It is considered a model project for the future of logistics and will, upon completion, cover an area of 235,000 square meters, making it the largest container terminal in the European hinterland. The completion of the first construction phase is expected in the first quarter of 2024.
Photo: © duisport
