PSA Singapore Terminals
PSA Singapore Terminals handled 20.6TEUs) last year, up 2.5mTEUs on 2003, a 14.1% jump. In addition to strong organic growth in volumes from existing customers, the PSA harvested a bumper crop of 36 new services in 2004 – more than double the 15 services it took on the year before. These new services involve 28 carriers.
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.
As part of its strategy to sustain long-term growth PSA will be adding 15 new berths at Pasir Panjang Terminal over the next five to seven years. Three of these new berths will be operational in 2005, adding to its existing 37 container berths. 12 new quay cranes and 42 new yard cranes have been ordered to support these berths. The 15 new berths are expected to boost PSA Singapore Terminals’ annual handling capacity by 11mTEUs to 31mTEUs.
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