PSA International Pte Ltd (PSA), headquartered in Singapore, has signed agreements to acquire a 22 per cent minority stake in Duisburg Gateway Terminal GmbH (DGT). The transaction is subject to the approval of Germany’s competition and supervisory authorities. Upon completion of the transaction, PSA will join HUPAC, HTS and duisport as shareholders of DGT.

Located in the Port of Duisburg, DGT will be the first 100% climate-neutral inland container terminal located in the European hinterlands.

"We are delighted to have gained PSA as an important strategic partner for the DGT company, which, with its various business areas in Europe, Asia and business areas in Europe, Asia and worldwide will make a significant contribution to the success the success of the Duisburg Gateway Terminal. This network expansion strengthens both the competitive diversity and the further the further diversification of the Port of Duisburg. The topic of supply chain diversification is becoming increasingly important", says Duisport CEO Markus Bangen.

PSA International Group CEO Tan Chong Meng said: “We are excited to become a partner in Duisburg Gateway Terminal, alongside its existing shareholders duisport, HUPAC and HTS. As part of Europe’s largest and most sustainable inland port, DGT will be a key gateway in providing green logistics services to Germany’s dense industrial hinterland. Leveraging PSA’s global ports and supply chain network as well as its strong presence in continental Europe, PSA aims to strengthen the DGT partnership and support Germany’s green energy transition in line with our strategic focus towards enabling smoother, more resilient and sustainable trade.”

The construction of the trimodal DGT terminal is on schedule and is regarded as a model project for the future of logistics. Once completed, DGT will be the largest container terminal in the European hinterland, spanning 235,000 square meters. The first phase is expected to be completed in the first quarter of 2024.