ONE, PSA Open Magenta Singapore Terminal

May 27, 2019

The Japanese container shipping company, headquartered in Tokyo and Singapore  Ocean Network Express (ONE), recently held an inauguration ceremony with PSA Singapore (PSA) for the Magenta Singapore Terminal (MST).

The joint venture between ONE and PSA will operate four mega container berths at Pasir Panjang Terminal with a combined annual handling capacity of 4 million TEUs, said a press release from ONE, famous for its colorful magenta livery.

MST is set  to operate four mega container berths at Pasir Panjang Terminal with a combined annual handling capacity of 4 million TEUs.

This strategic long term partnership was announced in December 2018, to provide capacity and scale of operations in meeting ONE’s needs of establishing Singapore as its transhipment hub in Southeast Asia, with high-quality services and enhanced productivity through the industry-leading port infrastructure and cutting-edge technologies, the release said.

The Magenta Singapore Terminal is named after ONE’s distinctive brand identity and the inauguration also saw ONE’S 14,000 TEU-class magenta container ship, ONE STORK, berthed at the new joint venture terminal.

Logistics News

Port Everglades Welcomes First LNG-Powered Cargo Ship

Port Everglades Welcomes First LNG-Powered Cargo Ship

Indian Billionaire Gautam Adani to Sell Australian Port Terminal

Port of Corpus Christ: 51.3 Million Tons Moved in Q1 2025

Port of Corpus Christ: 51.3 Million Tons Moved in Q1 2025

Port Esbjerg: Fairway Deepened to Expand Capacity

Port Esbjerg: Fairway Deepened to Expand Capacity

Subscribe for Maritime Logistics Professional E‑News

Sources say that STS transfers have helped to boost Russian Arctic oil exports from China.
Italy picks former Terna CFO Scornajenchi to run gas grid group Snam
Sources say that exports of Russian Arctic oil sanctioned to China are expected to increase in April.