ONE, PSA Open Magenta Singapore Terminal
The Japanese container shipping company, headquartered in Tokyo and Singapore Ocean Network Express (ONE), recently held an inauguration ceremony with PSA Singapore (PSA) for the Magenta Singapore Terminal (MST).The joint venture between ONE and PSA will operate four mega container berths at Pasir Panjang Terminal with a combined annual handling capacity of 4 million TEUs, said a press release from ONE, famous for its colorful magenta livery.MST is set to operate four mega container…
ONE Sets Productivity Record at PSA Terminal
Ocean Network Express (ONE) and PSA Singapore (PSA) jointly celebrated the highest productivity record of ONE’s containership – “NYK SWAN”, at the PSA Singapore’s Pasir Panjang Terminal.The Singapore-based shipping company said in a press release that over 6,000 container moves were accomplished in 18.5 hours or a gross berth productivity rate of over 300 shipshore moves, which was an exceptionally high performance standard in container shipping operation.A celebratory event was attended by over 100 representatives from ONE and PSA Singapore…
PSA, ONE Launch Container Terminal in Singapore
The global transport company Ocean Network Express (ONE) and PSA Singapore (PSA),the flagship terminal of the global port group PSA International, will join hands to form a joint venture company based at Pasir Panjang Terminal in Singapore.Subject to regulatory approvals, the joint venture terminal is scheduled to commence operations in the first half of 2019 and operate four mega container berths with a combined annual handling capacity of 4 million TEUs, said a press release from the global container shipping company headquartered in Singapore.Pasir Panjang Terminal…
Singapore Pact for 3D Printing in Maritime Sector
The Maritime and Port Authority of Singapore (MPA) signed two Memoranda of Understanding (MoU) for Additive Manufacturing (AM), also known as 3D printing.The two MoUs are: a) An MoU with PSA Corporation Limited (PSA), the National Additive Manufacturing Innovation Cluster (NAMIC) and 3D MetalForge Pte Ltd (3D MetalForge) to establish the world’s first on-site AM production facility for port applications; and b) An MoU with NAMIC and the Singapore Shipping Association (SSA) to…
Singapore Celebrates ‘Day of Seafarer 2018’
In conjunction with the ‘Day of Seafarer 2018’, Jurong Port (JP), the Maritime and Port Authority of Singapore (MPA), Port of Singapore Authority (PSA), the Singapore Maritime Officers’ Union (SMOU), and the Singapore Organisation of Seamen (SOS) will jointly present 600 gift hampers to ships calling at Singapore. The hampers, containing essential daily items, will reach about 9,000 seafarers as an appreciation for their contributions to the maritime industry and global economy.
Connectivity Crucial to Singapore's Role as Maritime Hub
To continue growing the maritime cluster and capturing new opportunities, the Maritime and Port Authority of Singapore (MPA) will strengthen the connectivity and inter-linkages of Singapore’s maritime cluster, build a vibrant innovation ecosystem and develop a future-ready and skilled maritime workforce. MPA will also enhance and top up the Maritime Cluster Fund (MCF) by $100 million in support of our vision for Maritime Singapore to be the Global Maritime Hub for Connectivity, Innovation and Talent.
PSA's Port Inks Solar Deal with Sunseap
PSA Corporation and Sunseap Group Pte Ltd have signed a 21-year solar power purchase agreement that will enhance the eco-friendliness of the container port and ancillary buildings in PSA’s Singapore facilities. Sunseap will construct and install a 4 Megawatt peak solar system across five sites in PSA’s Singapore terminals, including terminal buildings, gates, maintenance base and workers’ dormitories at Pasir Panjang Terminal. Under the contract, Sunseap will install and maintain…
Road Map to Boost Singapore Maritime Industry
Dr Lam Pin Min, Senior Minister of State (SMS) for Ministry of Transport and Ministry of Health, launched the Sea Transport Industry Transformation Map (ITM) at the annual Singapore Maritime Foundation New Year Cocktail Reception. Developed by the Maritime and Port Authority of Singapore (MPA) in partnership with the industry, unions and other government agencies, the Sea Transport ITM builds on MPA’s strategic long term plans to develop Singapore’s next-generation port and strengthen our international maritime centre (IMC).
Kalmar Signs Contract with PSA Corporation
Kalmar, part of Cargotec, has been awarded a contract for the maintenance and repair of mobile equipment from PSA Corporation Ltd for the next 3-year term. The contract supports the overall maintenance effort of a fleet of up to 700 prime movers and trailer sets at Pasir Panjang Terminal. The contract has been booked into Cargotec's 2017 fourth quarter order intake. Peter McLean, Senior Vice-President of Kalmar Asia-Pacific, said: "We have been working with PSA on the maintenance of their equipment for more than 11 years.
Cosco, PSA Launch New Berth in Singapore
China's Cosco Shipping Ports (CSP) is launching a new berth at its joint venture container terminal - Cosco PSA Terminal (CPT) - with PSA Corporation in Singapore. The two parties inked a memorandum of understanding on Thursday for the berth, which will be Cosco Shipping Ports' third at the Pasir Panjang Terminal. Established in 2003, CPT has served as a hub for container shipping in the Southeast Asia region. The launch of the third berth follows the CSP supplemental agreement signed with PSA on 18 March 2016…
CMA CGM, PSA Container Terminal JV in Singapore
The CMA CGM Group and PSA have kicked off the second phase of their container terminal joint venture in Singapore. Officiating the event were François Hollande, President of the French Republic, and Khaw Boon Wan, Coordinating Minister for Infrastructure and Minister for Transport, Singapore. 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 annual capacity of 2 million TEUs (twenty-foot equivalent units) in July 2016.
Update on MSC Alexandra, VLCC Dream Collision
During the incident involving Dream II Very Large Crude Carrier (VLCC) and MSC Alexandra (Container Ship) on 3rd August, 10 empty containers fell overboard. Of these, five fell overboard onto the deck of Dream II VLCC and another five fell into the sea. Four of the containers that sank in Singapore waters have all been recovered at 0930 hours on 6th August. The owner’s local Protection & Indemnity club representative of MSC Alexandra is making the necessary arrangement to retrieve the fifth container which sank in Indonesian waters.
Pasir Panjang Terminal Phases 3 & 4 Wins Top Engineering Accolade
The Engineering Feats @ IES-SG50 competition was organised by the Institution of Engineers, Singapore (IES) to seek out and recognise the top 50 engineering achievements across the various fields of engineering deemed to have made the greatest economic, infrastructural or societal impact to Singapore since 1965. The results were announced at IES’ Golden Jubilee celebrations graced by Prime Minister Lee Hsien Loong at a gala on 1 July 2016. To construct Pasir Panjang Terminal Phases 3 & 4, some 198ha of land (equivalent to 280 football fields) was reclaimed off the Pasir Panjang shore.
CMA CGM, PSA Singapore to form JV
CMA CGM S.A. (CMA CGM) and PSA Singapore Terminals Pte. Ltd. (PSA) will form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore. CPLT will start operations from the second half of 2016, and allow CMA CGM and its shipping line affiliates to leverage industry-leading port infrastructure and technologies at this latest Pasir Panjang expansion, which has the capacity and scale of operations to better serve mega vessels in the region.
PSA Unveils Incubator Programme for Start-ups
PSA International Pte Ltd today announced the inception of PSA unboXed Pte Ltd (PSA unboXed), its new corporate venture capital arm with an initial fund size of S$20 million. Through its incubator program, PSA unboXed seeks to invest in and nurture start-ups that are keen to create innovative logistics solutions fusing information and communications technology including IoT (Internet of Things), cloud, data analytics, AI (Artificial Intelligence) and optimisation, as well as engineering solutions including robotics and automation in container and cargo handling operations…
Cosco Pacific, PSA Team Up to Expand Terminals in Singapore
COSCO-PSA Terminal Pte Ltd (CPT), a joint venture company formed by Cosco Pacific Limited (Cosco Pacific) and PSA Corporation Limited (PSA), is investing in new container berths in Singapore capable of serving the next generation of mega container vessels. The new investment agreement was signed in Shanghai by Qiu Jinguang, Managing Director, Cosco Pacific and Mr Ong Kim Pong, Regional CEO Southeast Asia, PSA International. When the new berths begin operations from 2017, they…
Singapore Opens $3.5bln Phase 3 and 4 of Pasir Panjang Terminal
The $3.5 billion Phase 3 and 4 expansion of Pasir Panjang Terminal was officially opened by Prime Minister Lee Hsien Loong on Tuesday (June 23). The expansion will add 15 berths with a 6 km quay length to the container terminal's existing 52 berths. The new berths have an 18 m-deep draught. The facilities, known as Pasir Panjang Terminal Phases 3 and 4, are slated to be fully operational by end-2017. The expansion - comprising the currently operational Pasir Panjang Terminal 5…
Singapore Grows Box Terminal, Woos Mega-Ships
Singapore opened the newest addition to its container port on Tuesday, aiming to handle more of the increasing number of mega-ships plying the oceans. A few of the planned 15 berths in Phases 3 and 4 of the Pasir Panjang Terminal are operational. The rest of the S$3.5 billion ($2.6 billion) project is scheduled to be completed by the end of 2017, pushing Singapore's annual container handling capacity to 50 million Twenty-foot Equivalent Units (TEUs), said Singapore's main container terminal operator PSA.
USD 1.83 Billion Singapore Mega Port Project at Tuas
The Maritime and Port Authority of Singapore (MPA) and the Dredging International Asia Pacific-Daelim Joint Venture (DDJV) have inked a contract for the USD 1.83 billion Tuas Terminal Phase 1 Reclamation, Wharf Construction and Dredging Project. The Tuas Terminal Phase 1 project is large in scope, and entails the construction of a new port terminal with 20 deep-water berths having a total capacity of 20 million twenty-foot equivalent units (TEUs) per annum. The Joint Venture will be responsible for the erection of an 8.6-kilometre quay wall and its foundation…
Singapore's Maritime Industry Reports Strong Performance
Singapore continues to be the world's top bunkering port, while its annual vessel arrival tonnage also saw growth in 2014, according to advance estimates announced by Transport Minister Lui Tuck Yew. The Port of Singapore maintained its position as one of the busiest in the world as it recorded container throughput of 33.9 million TEUs (twenty foot equivalent units) in 2014, 4 percent more than the 32.6 million TEUs registered in 2013. Vessel arrival tonnage rose 1.9 percent to 2.37 billion gross tonnes…
Singapore Container Terminal S$3.5-billion Expansion
SA Singapore Terminals (PSA) invests in infrastructure & the latest port technology to develop Phases 3 and 4 of its Pasir Panjang Terminal (PPT). PPT Phases 3 and 4 will feature an automated container yard equipped with proprietary intelligent planning and operation systems, as well as unmanned, rail mounted gantry cranes. These cranes, along with those installed at the berths, will run on electricity and be more environmentally sustainable. Greater implementation of automation and intelligent technologies will also spur port productivity and enhance employee skill sets to manage these advanced systems. PPT Phases 3 and 4 will have a total of 15 new berths.