Search results for: PSA Singapore

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  • 1 December 2016

    The images above show Singapore’s Pasir Panjang Terminal (PPT) 5 from a drone’s perspective and were captured by PSA Singapore and PSA Marine last week.  The Pasir Panjang Terminal 5 encompasses an area of 110 hectares and has 22 quay cranes. With a depth of 18 meters and a quay length of 1,850 meters, the […]

  • 15 June 2016
    Business & Finance

    French container shipping company CMA CGM and PSA Singapore Terminals (PSA) have confirmed that they will establish form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths in Singapore. CPLT, which will use berths at the latest expansion of Pasir Panjang Terminal Phases 3 and 4, will start operations from […]

  • 3 January 2019
    Business & Finance

    ONE, PSA celebrated the highest productivity record of NYK Swan at Pasir Panjang Terminal.

  • 11 January 2016
    Business & Finance

    Shanghai-listed equipment manufacturer Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC) has won a contract to provide 22 container cranes for port operator PSA Singapore. The contract is worth SGD 240 million (USD 167 million), ZPMC said. Under the deal, the cranes should start their delivery in 2017 and will be delivered in batches throughout the year. According […]

  • 12 January 2017
    Business & Finance

    Singapore-headquartered port operator PSA International saw an increase of 5.5% in volumes as a total of 67.63 million TEUs of containers were handled at its port projects around the world for the year ending December 31, 2016. The group’s flagship PSA Singapore Terminals contributed 30.59 million TEUs, representing a decrease of 0.1%, while PSA terminals outside […]

  • 27 March 2017
    Business & Finance

    French container shipping company CMA CGM and PSA Singapore, a subsidiary of PSA International, launched the second phase of their container terminal joint venture in Singapore on March 27. The CMA CGM – PSA Lion Terminal (CPLT) started operations with two mega container berths at PSA Singapore’s Pasir Panjang Terminal 5 (PPT 5) that had an initial […]

  • 28 April 2017
    Business & Finance

    The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of understanding (MOU) with PSA Singapore to extend the MPA-PSA Port Technology Research and Development Programme (PTRDP) for a period of three years.  First signed in 2011, the renewed MOU enhances the collaboration in research and test-bedding of new technologies for the future […]

  • 17 May 2019

    A total of four berths will have a combined annual handling capacity of 4 million TEU.

  • 20 December 2018
    Business & Finance

    Ocean Network Express and PSA Singapore are to form a JV based at Pasir Panjang Terminal in Singapore.

  • 10 June 2016
    Business & Finance

    French container shipping major CMA CGM and PSA Singapore Terminals are planning to establish a joint venture company to lease and operate four container berths in the port of Singapore, according to Alphaliner. The joint venture would be owned in proportions of 49% and 51%, respectively. With an estimated annual handling capacity of over 3 Mteu, the joint […]

  • 2 January 2007

    Kalmar, the business area providing container handling solutions within Cargotec, has received a significant order for 247 terminal tractors from PSA Singapore Terminals, the world’s largest container transhipment hub. The delivery of the terminal tractors starts in mid-2007.

  • 10 December 2007

    Kalmar, the business area providing container handling solutions within Cargotec, has received a significant order for more than 200 terminal tractors from PSA Singapore Terminals, the world’s largest container transhipment hub. The terminal tractors will be delivered in 2008.

  • 28 March 2016
    Business & Finance

    Hong Kong-based COSCO Pacific and PSA Singapore have signed a new investment agreement in Shanghai, China today to co-invest in three new mega berths at the Phases 3 and 4 expansion of the Pasir Panjang Terminal which was opened last year. The investment will be implemented through a joint venture Cosco-PSA Terminal (CPT) and allow for the arrival […]

  • 23 July 2019
    Business & Finance

    Up to USD 613.5 million would be injected in the port during the concession agreement until 2049 with PSA Singapore.

  • 8 January 2010

    For the first time in its history PSA International, a leading global container terminal operator, has reported full year negative box figures. Volumes slid across the company’s 28 terminals by 9.9% last year to 56.93m teu, while the flagship, PSA Singapore suffered a 13.1% decline to report full year figures of 25.14m teu, dashing hopes […]

  • 14 November 2016
    Business & Finance

    Singapore’s container terminal operator PSA has set November 28 as the deadline for claiming laden containers from South Korea’s bankrupt shipping firm Hanjin Shipping. In its notice to cargo owners, consignees, shippers and freight forwarders, PSA said that if the containers and the cargo remain unclaimed after the set date, the company “will take steps to […]

  • 19 January 2015
    Business & Finance

    Singapore based port operator PSA International handled 65.44 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects around the world in 2014. The company’s volume increased by 5.8% over 2013 with PSA Singapore Terminals contributing 33.55 million TEUs (+4.1%) and PSA terminals outside Singapore handling 31.89 million TEUs (+7.8%). Tan Chong Meng, Group […]

  • 15 January 2019
    Business & Finance

    PSA International handled 81 million TEUs in 2018, a rise of 9.1% over 74.2 million TEUs reported in 2017.

  • 14 June 2013
    Business & Finance

    The Board of Neptune announced that Boon Wee Kuah will be Chairman of Neptune Marine Services Limited effective from 14 June 2013. Kuah joined the Board of Neptune on 16 March 2011 and will replace Peter Wallace as Chairman, who will remain as a Non-Executive Director of Neptune. Kuah is a qualified chartered accountant with […]

  • 14 June 2013
    Business & Finance

    The Board of Neptune announces that Mr Boon Wee Kuah will be Chairman of Neptune Marine Services Limited effective from 14 June 2013. Mr Kuah joined the Board of Neptune on 16 March 2011 and will replace Mr Peter Wallace as Chairman, who will remain as a Non-Executive Director of Neptune. Mr Kuah is a […]

  • 15 January 2018
    Business & Finance

    PSA International handled 9.8 percent more container volumes in 2017, compared to 2016.

  • 23 June 2015
    Business & Finance

    Mr Lee Hsien Loong, the Prime Minister of Singapore, officially opened the PSA Singapore Terminals’ (PSA) latest Pasir Panjang Terminal (PPT) Phases 3 and 4 development today. The S$3.5 billion project, with almost 6,000 meters of quay length and up to 18 meters draft, is specifically designed to serve the next generation of mega container ships. […]