LYG-PSA Container Terminal Opening

By Joseph R. Fonseca
Thursday, June 05, 2014
PSA Logo

LYG-PSA Container Terminal (LPCT) was officially opened today by Lianyungang Municipal Party Committee Member & Director-General of Lianyungang Port Authority Mr Wu Yi Qiao, Lianyungang Port Group (LPG) Chairman Mr Bai Li Qun and PSA International Group CEO Mr Tan Chong Meng.

LPCT marks PSA International’s first collaboration with Lianyungang Port Group.

The opening ceremony, which took place at the Jiangsu Haizhou Bay View Hotel in Lianyungang, China, was witnessed by over 200 distinguished guests from the ports and shipping industry and government agencies in Lianyungang.

Mr Wu Yi Qiao, Lianyungang Municipal Party Committee Member & Director-General of Lianyungang Port Authority, commented, “The partnership between LPG and PSA brings in unprecedented potential for development. We sincerely hope both parties will enhance the cooperation and grasp this opportunity to increase the market share along New Eurasia Land Bridge. The close collaboration between these two partners will definitely reap mutual benefits.”

Mr Bai Li Qun, Chairman of Lianyungang Port Group, said, “Lianyungang-PSA Container Terminal has the capability to serve the world’s mega container vessels and will aim to provide best-in-class services to its customers. In this respect, I am glad that we have chosen PSA to be our partner.

PSA’s expertise as a global terminal operator coupled with Lianyungang Port’s strategic location will take this a premium deepwater facility, at the same time contributing towards growth in the region.”

Mr Tan Chong Meng, Group CEO of PSA International, said, “This investment is PSA’s first major foray into the Yangtze River Delta region, one of the most important economic regions in China which is served by the New Eurasia Land Bridge leading into central and western China. We are honoured that Lianyungang Port Group has chosen PSA to work alongside them on this venture. PSA is committed towards making Lianyungang-PSA Container Terminal a great success to benefit the whole port and its hinterland; we also want to continue strengthening our partnership with Lianyungang Port Group into the far future.”

When it is fully developed, LPCT will have a designed capacity of 2.8 million TEUs, 1,700 metres of quay length, super post-panamax quay cranes (23-rows outreach) and a water depth of 16.5 metres.

The terminal will support the expanding container trade from the hinterlands of Shandong and Jiangsu, China’s second and third largest economic provinces respectively.

An integrated intermodal network with established rail connections from Lianyungang Port to China’s central and western regions, central Asia and eastern Europe, will also allow LPCT to benefit from growth in these regions as it connects to shipping routes linking China with Europe, the Americas, and the rest of Asia.

 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Hamburg Süd to Acquire CCNI Liner Service

Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg,

Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering

Star Bulk Takes Delivery of First Capesize from JMU

Athens, Greece-headquartered Star Bulk Carriers says it has taken delivery of 'M/V Peloreus' a 182,000 dwt Capesize built by Japan Marine United (“JMU”) and the

Legal

Cause of S.Korea Ferry Businessman's Death Remains Unknown

Yoo's body too badly decomposed to determine cause of death; mystery surrounding final days of de-factor owner of doomed ferry deepens. Yoo's son arrested in latest capture of family members.

House Subcommittee Hearing Highlights “Dismal State” of U.S. Icebreaking Capability

At the July 23, 2014, hearing of the House Subcommittee on Coast Guard and Maritime Transportation on “Implementing U.S. Policy in the Arctic” the committee chairman, Rep.

Iraqi Kurdish Oil Nears US Port Despite Concern in Washington

A tanker carrying crude oil from Iraqi Kurdistan is just one day away from arriving at a U.S. port, according to ship tracking satellites, despite Washington's

Ports

Homecoming Scotland 2014 Fireball Championships

Lerwick Harbour is ready for an exciting week of sailing with the 2014 Fireball European Championships taking place at the port next week. As a warm-up to the main event,

Iraqi Kurdish Oil Nears US Port Despite Concern in Washington

A tanker carrying crude oil from Iraqi Kurdistan is just one day away from arriving at a U.S. port, according to ship tracking satellites, despite Washington's

Phillips 66 Marine Fueling Facility Nears Completion

Phillips 66’s previously announced marine over-the-water fueling facility at its Richmond, Calif. terminal is nearing completion. The facility, located on Canal Boulevard, and known as Pier No.

Container Ships

Hamburg Süd to Acquire CCNI Liner Service

Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg,

Samudra Containership Rationalisation Hits Revenues

Diversified Singapore-based containership owners Samudra Group reports registered revenue of USD 96.9 million for the second quarter ended 30 June 2014, a 7.6% decline from USD 104.

MES Gets First Order for ME-GI Marine Engine

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) has received the first order of electronically controlled gas injection diesel engine (ME-GI) for MES. MAN B&W 8S70ME-C8.

News

Police Kill 2 Kenyans Suspected of Planning Ferry Attack

Kenyan police said on Friday they shot and killed two armed men suspected of planning an attack on a ferry in the port city of Mombasa after one of them tried to hurl a grenade at approaching police.

Jones Act Tanker Chartered for Airline Refinery

Delta Air Lines Inc's refining unit has chartered a U.S.-flagged oil tanker for the first time, allowing it to tap directly into cheap Texas shale oil as the company overhauls its supply strategy.

Canal Project Slows Panama Economy Growth

Panama's economy expanded in May at its slowest pace since 2009 as major public works projects, including an expansion of the Panama Canal, slowed or wrapped up,

Vessels

MOL Commended with Quality Ship Awards

MOL Commended for ‘FY2013 Best Quality Ship Award’; MOL president Koichi Muto meets with captain and chief engineer, exchanging views and working to establish a more solid safe operation system.

Farstad Offshore Vessel Squadron Chartered Out

Farstad Shipping ASA reports the following charter contracts, with a total value (including options) of approximately NOK 1.75-billion, as follows: Inpex has awarded

Better Operational News from Fugro

Fugro says that (an as yet unidentified vessel) recently affected by a fire is back in operation. The total time out of operation amounted to seven weeks. Secondly,

Wind Power

Westermeerwind Wind Farm Construction Begins

Mammoet announced today that Westermeerwind BV has reached financial close on July 25 for the turnkey construction of the Westermeerwind wind farm in Ijsselmeer,

6 MW Offshore Wind Turbine of Siemens Certified

Siemens Energy has obtained type certification of DNV GL for the company's innovative D6 offshore wind turbine. The model Siemens SWT-6.0-154 is equipped with a modern direct drive generator,

Harnessing the Wind for Auxiliary Propulsion

Finnish marine engineering company Norsepower Oy Ltd. announced that it will bring to the commercial maritime market an auxiliary wind propulsion solution aimed

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2548 sec (4 req/sec)