PSA and BDP co-hosted the first Internet of Logistics + Supply Chain Summit in September, and this inaugural event in Singapore kicked off a series of Supply Chain Summits around the world.
PSA International Group CEO Tan Chong Meng opened the event, sharing about PSA’s transformation journey – how we extended our presence beyond seaports to rail and inland terminals, container freight stations and warehouses, as well as the move to set up PSA Cargo Solutions to provide logistics and supply chain solutions to cargo owners.
Given the various disruptions the supply chain industry has been facing in the past years, he urged the industry to transform through closer collaboration with like-minded partners. The International Land-Sea Trade Corridor (ILSTC), which PSA is involved in, is one example of how the industry can benefit from the coming together of various stakeholders – underscoring the need for an Internet of Logistics (IoL). The ILSTC also showcases the unique value proposition that PSA offers to the market by combining our port, port+, cargo solutions and digital capabilities.
More than 300 guests, including Beneficial Cargo Owners (BCOs) from various industries, shipping lines, government agencies, partners and stakeholders, as well as PSA and BDP colleagues attended the IoL + Supply Chain Summit to engage in dialogues about issues and trends in the logistics and supply chain sphere.
Industry leaders representing various stakeholders within the supply chain, such as Schneider Electric, Google, Maritime & Port Authority of Singapore (MPA), CMA CGM, ExxonMobil and Global Centre for Maritime Decarbonisation (GCMD), participated in panel discussions and shared their experience and knowledge with the audience.
Following the IoL + Supply Chain Summit in Singapore, other Supply Chain Summits had subsequently been held at various key locations around the world, such as in Antwerp, Istanbul and Dubai in 2022, and other locations in 2023.