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Saturday, August 17, 2019

Maritime Logistics Professional

May 17, 2019

PSA, SATS Mull Multimodal Transport Hub in Singapore

Image: PSA International

Image: PSA International

Port and terminal operator PSA International and ground handler and in-flight caterer  SATS have signed a Memorandum of Understanding (MoU) to collaborate in seamlessly connecting their sea and air transport services, with the goal of improving supply chain efficiency and boosting Singapore’s status as a multimodal transport hub.

Under the MoU, PSA and SATS will work together on initiatives such as “yard-to-port” data linkages, network extensions between both companies, and enhanced track-and-trace capabilities. These are aimed at improving data transparency and ease of shipment movement within different free-trade zones.

Enterprise Singapore facilitated the multimodal transport collaboration as the lead agency driving Singapore’s growth as a global trade and connectivity hub.

Combining sea and air connectivity services, the partnership between PSA and SATS strengthens Singapore’s position as a global transshipment hub for air and sea cargo, paving the way for new business models and supply chain innovation.

The freight industry, including small and medium-sized enterprises, also stands to benefit from improved multimodal linkages and transit systems for better supply chain efficiency, optimised transport costs, and faster delivery.

Beyond physical cargo movement, SATS and PSA will also integrate their systems to aid regulatory compliance and build data analytics capabilities. COSYS+, a comprehensive cargo terminal handling & management system operated by SATS, will be linked with CALISTA, the global supply chain platform developed by PSA’s subsidiary GeTS Asia Pte Ltd, to provide real-time updates and greater visibility for shipments transported via multimodal channels.

“When SATS became the world’s first ground handler to provide multimodal meat transshipment services between New Zealand and the EU, we demonstrated that multimodal connectivity can attract higher trade flows. Today, we hope our cross-industry initiatives with PSA will now enable the whole industry to market efficient multimodal solutions globally, through Singapore.” said Alex Hungate, President and Chief Executive Officer, SATS.

Tan Chong Meng, Group CEO, PSA International, said, “Shippers are increasingly seeking innovative multimodal solutions for their cargo to reach their preferred markets competitively. This partnership with SATS will enhance Singapore’s ability to offer unique air-sea multimodal connectivity to fulfil these demands. In addition, through digitally connecting CALISTA and COSYS+, we will be able to offer multimodal users greater visibility of their cargo and better protection of cargo integrity, with optimised transit times and costs.”