PSA Singapore (PSA) and Goldlead Supply Chain Development (Southeast Asia) Pte.Ltd. (COSCO) have signed a Memorandum of Understanding (MOU) to explore collaboration on dedicated warehouse and logistics capabilities in Singapore. COSCO is a joint venture between COSCO Shipping Holdings Co., Ltd. and COSCO Shipping International (Singapore) Co., Ltd.
The focus of the partnership is the upcoming PSA Supply Chain Hub @ Tuas (PSCH). This state-of-the-art complex is strategically co-located within the same Free Trade Zone as Tuas Port and is slated to commence operations in 2027. PSCH will integrate various value-added capabilities under one roof, including container freight stations, a regional distribution center, cold storage, and dangerous goods handling. The hub is expected to serve the growing flows of high-value cargo across Southeast Asia, China, and the broader Asia-Pacific region.
This collaboration marks a significant expansion of the longstanding partnership between PSA and COSCO, moving beyond traditional container port operations into providing integrated supply chain solutions. The partnership aims to deliver enhanced value by combining PSA’s integrated Port Ecosystem—encompassing port-centric, value-added services and end-to-end supply chain solutions—with COSCO’s extensive shipping and logistics network.
Ms. Seow Hwee, Head of Port Ecosystem for Southeast Asia, PSA, noted that the collaboration reinforces PSA’s efforts to strengthen key nodes and build resilient ecosystems while leveraging Singapore’s strategic position as a global logistics and transhipment hub. Mr. Zhou Ganfei, CEO of Goldlead Supply Chain Development (Southeast Asia) Pte.Ltd., highlighted that PSCH’s seamless proximity to Tuas Port will enable them to serve customers with “greater speed and efficiency.”
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