PSA has awarded a S$160m (US$118m) contract for 79 rubber-tyred gantry cranes (RTGs) to Doosan Heavy Industries and Construction from South Korea. The RTGs will be deployed at PSA''s new berths at Pasir Panjang Terminal to cater for rising shipment volumes: PSA has seen a 12% growth compared with the first quarter of last year. The RTGs have been customised to PSA''s specifications - including fuel consumption conservation.
Denominated in US dollars, these will be issued for periods of six years and 10 years respectively.
