PSA invests S$400m in high-tech cranes for Pasir Panjang Terminal

Port operator PSA is investing S$400 million to bring new generation high-tech cranes into the Pasir Panjang Terminal.

The move is aimed at meeting growing demand and boosting its competitive edge.

The contract for the cranes was signed on Wednesday between PSA and China’s Shanghai Zhenhua Port Machinery, the world’s largest crane manufacturer.