PSA International has completed the acquisition of Penn Terminals (Penn), in USA, from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets. Penn, located on the Delaware River, is one of the best equipped, privately-owned multipurpose marine terminals on the country’s Eastern Coast. PSA Group CEO Tan Chong Meng [...]
On 18 August 2019, PSA Marine deployed a new dual-fuel LNG harbour tug, PSA Aspen, to perform her first towage operation and successfully unberthing of a container vessel in the Port of Singapore. PSA Aspen is a 50-tonne bollard pull harbour tug designed by Robert Allan Ltd. It is equipped to operate [...]
Since its inception in November 2016, Sociedad Puerto Industrial Aguadulce (SPIA) in Colombia has matured and grown. In 2019, records for vessel productivity, using just four quay cranes, consistently reached new heights. The terminal broke its earlier record of 153 box movements per hour to hit a new high of 216 movements [...]
PSA Thailand and SCG Logistics Management Company Limited are investing in the development and operation of the Thai Prosperity Terminal in Thailand, to be rebranded - Thai Connectivity Terminal (TCT). This is part of an agreement involving the establishment of a joint venture company in Thailand, SCG-PSA Holdings Co., Ltd. The company [...]
PSA’s Bharat Mumbai Container Terminals (BMCT) has achieved a new vessel productivity record of 210 moves per hour for CMA CGM vessel “APL Korea” on 29 July 2019. BMCT completed operations on “APL Korea” in less than seven hours, making 1,434 moves to handle 2099 TEUs. The productivity record was achieved under [...]
PSA’s Pusan Newport International Terminal (PNIT) has been recognised in a listing of the “Top 100 Companies - A Great Place to Work” by South Korea’s Ministry of Employment & Labour (MoEL). The award ceremony was held on 25 July 2019 at the Government Convention Centre in Sejong City, where South Korea’s [...]
PSA International has completed the acquisition of Halterm Container Terminal (Halterm) in Canada’s Port of Halifax, from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets. Halterm is the only container terminal in Eastern Canada that can serve mega container vessels. It operates three container berths covering more than [...]
PSA Singapore and Envision Digital International Pte Ltd (Envision) signed a Memorandum of Understanding (MoU) on 29 July 2019, to collaborate in the fields of engineering, technology and Artificial Intelligence of Things (AIoT), through knowledge sharing and capability transfer. Mr Tan Chong Meng, Group CEO of PSA International, said, “PSA is excited [...]
It was Back to Basics on the green for the PSA Golf Invitational, held on 5 July 2019 at Singapore’s Sentosa Golf Club. Hosted by PSA senior management, this year’s theme emphasised PSA’s commitment to Being Alongside its customers, partners and stakeholders. In line with this theme, many turned up in their [...]
Incheon Container Terminal and Pusan Newport International Terminal (PNIT) came together in a concerted effort to donate 13 million Korean Won (S$15,000) to the Korean Association for Children with Leukemia and Cancer (KACLC). Some individuals also went the extra mile and contributed further by donating a total of 70 packs of blood [...]