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July 05, 2023

PSA becomes new shareholder of the Duisburg Gateway Terminal

The port and logistics group from Singapore replaces Cosco among the shareholders. DGT is regarded as a model project for the future of logistics and, with an area of 235,000 square meters, will be the largest container will be the largest container terminal in the European hinterland. hinterland.

With DGT, the Port of Duisburg will be the largest and first 100 percent climate-neutral container terminal in the European hinterland. PSA International Pte Ltd. has now signed contracts to acquire a minority a minority stake of 22 percent in Duisburg Gateway Terminal GmbH. Terminal GmbH. (Graphic: Duisport)

The globally active port and logistics group PSA International, headquartered in headquartered in Singapore has signed contracts to acquire a a minority stake of 22 percent in Duisburg Gateway Terminal GmbH Terminal GmbH (DGT). This relates in part to shares previously held by the Chinese state-owned company Cosco from China. from China. Cosco had a 30 percent stake, but in June 2022 these had already been returned to Duisburger Hafen AG. As a result, the shareholder shares have now been reorganized. The The agreements reached in this regard are still subject to the approval of the relevant competition and supervisory authorities. With completion of the agreements, the international group of shareholders with Hupac, HTS, Duisport and PSA will then be complete.

"We are delighted to have gained PSA as an important strategic partner for the DGT company, which, with its various business areas in Europe, Asia and business areas in Europe, Asia and worldwide will make a significant contribution to the success the success of the Duisburg Gateway Terminal. This network expansion strengthens both the competitive diversity and the further the further diversification of the Port of Duisburg. The topic of supply chain diversification is becoming increasingly important", says Duisport CEO Markus Bangen.

Tan Chong Meng, CEO of the PSA Group, explains:

"As part of Europe's largest and most sustainable inland port, the DGT will be an important gateway for the provision of environmentally friendly logistics services for Germany's dense industrial hinterland. Germany. By utilizing PSA's global port and supply PSA's global port and supply chain network and its strong presence in continental Europe, PSA aims to strengthen the partnership with DGT and the green energy transition in Germany in line with our strategic focus on smoother, more more resilient and sustainable trade."

With DGT, the largest and first 100% climate-neutral container terminal in the percent climate-neutral container terminal in the European hinterland.

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