Genoa-Singapore: one billion for the future of the Port

On February 25th in Singapore, Matteo Paroli, President of the Port System Authority, and Roberto Ferrari, CEO of PSA Italy, signed a strategic agreement for the technological renewal of the Port of Genoa. This project represents a one-billion-dollar private investment, entirely funded by PSA International—the Singapore-based global terminal giant—through its subsidiary, PSA Italy.

The plan includes an initial phase of infrastructure upgrades at the PSA Genoa Pra’ terminal, featuring the introduction of Automated Stacking Cranes (ASCs) and advanced technological systems. These enhancements will ensure increased container handling capacity, the harmonization of existing concessions, and a complete redesign of truck logistics by advancing the port gate and creating new buffer parking areas. Furthermore, the optimization of terminal flows and the transition to fully electric equipment will significantly reduce $CO_2$ emissions and noise pollution, aligning the port with the European ecological transition goals set out in the "Green Deal."

A private investment of this magnitude confirms the growing importance of the Italian port system within the Mediterranean, proving its ability to compete actively with major Northern European hubs. As stated by the Deputy Minister of Infrastructure and Transport, Edoardo Rixi: “The Mediterranean has once again become a strategic area for global trade, and Italy has a duty to play a leading role.”