Japan's Mitsui O.S.K., PSA Singapore to form RoRo terminal JV in Singapore

Mitsui O.s.k. Lines

29/01/2026 09:20

Jan 29 (Reuters) - Mitsui O.S.K. Lines 9104.T, Japan's second-largest shipping company, said on Thursday that it had agreed with PSA Singapore to create a joint venture to develop a roll-on/roll-off (RoRo) terminal in Singapore.

Through the joint venture agreement, Mitsui aims to leverage its global shipping network, and PSA will contribute its terminal-operating expertise, the firms said in a joint announcement.

"This strategic partnership will enhance terminal service reliability and operational efficiency for (Mitsui's) Ro-Ro service, while securing long-term terminal capacity to support its growing automobile transport demand," the Japanese company said.

The joint venture terminal is currently subject to regulatory approval and is expected to commence operations in the first half of 2026.

 (Reporting by Shivangi Lahiri in Bengaluru; Editing by Anil D'Silva)

 ((Shivangi.Lahiri@thomsonreuters.com;))