en.Wedoany.com Reported - PSA International Pte Ltd (PSA) successfully acquired a 30% stake in Xiamen Container Terminal Group Co., Ltd. (XCTG) on April 27, 2026, through a public listing process at the Fujian Property Rights Trading Center. The transaction is subject to approval from relevant regulatory authorities and satisfaction of customary closing conditions before it can be finalized.
Xiamen Container Terminal Group is a leading port enterprise in Fujian Province, operating shoreline resources that include 32 dedicated container berths in Xiamen Port and related areas, with a total shoreline length of approximately 9 kilometers. The group owns 71 quay cranes, capable of simultaneously berthing multiple ultra-large container vessels of 200,000 deadweight tonnage, with an annual throughput capacity exceeding 10 million TEUs. The investment target secured by PSA through the public bidding process encompasses eight container terminals under XCTG, with a combined annual designed throughput capacity of approximately 20 million TEUs.
PSA International is a globally leading container port investor and operator, headquartered in Singapore. Previously, PSA had collaborated with Xiamen Port Authority on the Xiamen Port multimodal transport smart logistics hub project. Under this agreement, in addition to the terminal equity cooperation, PSA will further increase its stake in Xiamen Port Multimodal Transport Logistics Hub (XPLH), deepening the integration of port operations, inland logistics, and supply chain networks within Fujian Province.
PSA International Group President Ong Kim Pong stated that, combined with PSA's existing joint venture projects in Fuzhou, Fujian is envisioned as a strategic global hub, better serving customers by strengthening and enhancing overall ecosystem capabilities. Xiamen Port Authority Chairman Cai Liqun noted that this cooperation reflects a high degree of alignment between Xiamen Port Authority and PSA in supporting the "Maritime Silk Road" strategy and enhancing Fujian's role in international trade and shipping.
This investment represents a significant strategic move by PSA in the Chinese market and is part of its "node-to-network" strategy. The two parties will build on the terminal equity cooperation to expand comprehensive collaboration in areas such as port and shipping logistics, supply chains, multimodal transport operations, and overseas investments. Xiamen Port Holding Group will leverage this to further consolidate Xiamen Port's hub status in the global container transport system, supporting the construction of the "Maritime Silk Road" southeast land-sea new corridor.
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