{"id":34253,"date":"2023-07-06T04:00:15","date_gmt":"2023-07-06T01:00:15","guid":{"rendered":"https:\/\/www.al-sindbad.net\/psa-snaps-up-duisburg-terminal-stake\/34253\/"},"modified":"2023-07-06T04:00:15","modified_gmt":"2023-07-06T01:00:15","slug":"psa-snaps-up-duisburg-terminal-stake","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/psa-snaps-up-duisburg-terminal-stake\/34253\/","title":{"rendered":"PSA snaps up Duisburg terminal stake"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Singapore-based terminal operator PSA International has agreed to acquire a 22% of Germany\u2019s Duisburg Gateway Terminal (DGT) currently under construction at Europe\u2019s top inland port.<\/p>\n<p>With an area of 235,000 sq m, DGT will be the largest and the first 100% climate-neutral container terminal in the European hinterland when completed. The first construction phase is scheduled for completion in the first quarter of 2024.<\/p>\n<p>\u201cAs part of Europe\u2019s largest and most sustainable inland port, DGT will be a key gateway in providing green logistics services to Germany\u2019s dense industrial hinterland,\u201d said Tan Chong Meng, CEO of PSA.<\/p>\n<p>The deal is subject to Germany\u2019s competition and supervisory authorities\u2019 approval and if approved PSA will join Hupac, HTS and Port of Duisburg (Duisport) as shareholders. Financial terms have not been disclosed.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>\u201cThis network expansion strengthens both the competitive diversity and the further diversification of the Port of Duisburg. The topic of supply chain diversification has an increasingly important meaning,\u201d added Duisport CEO Markus Bangen.<\/p>\n<p>PSA has been expanding its footprint in Europe, with operations in Belgium, Portugal, Poland, Italy and Turkey.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div class=\"stream-item-size\" style=\"\">\n\t    <!-- \/91333190\/SPLASH247_*_Splash247_Article_*_Strip_Slot_*_2 --><\/p>\n<div id=\"div-gpt-ad-1_95_0_1_2\">\n<script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });\n<\/script>\n<\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\"><span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/germany\/\" rel=\"tag\">Germany<\/a> <a href=\"https:\/\/splash247.com\/tag\/singapore\/\" rel=\"tag\">Singapore<\/a><\/span><\/div>\n<\/p><\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore-based terminal operator PSA International has agreed to acquire a 22% of Germany\u2019s Duisburg Gateway Terminal (DGT) currently under construction at Europe\u2019s top inland port. With an area of 235,000 sq m, DGT will be the largest and the first 100% climate-neutral container terminal in the European hinterland when completed. The first construction phase is &hellip;<\/p>\n","protected":false},"author":1,"featured_media":34254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[],"class_list":["post-34253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-port-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/34253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=34253"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/34253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/34254"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=34253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=34253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=34253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}