Singapore welcomes Japan relationship
PSA Singapore has linked up with Japan’s Ocean Network Express (ONE) to form a joint venture at the port’s Pasir Panjang Terminal.
The joint venture, which is still subject to regulatory approvals, is scheduled to start operations in the first half of 2019 and will operate four mega container berths with a combined annual handling capacity of 4m teu.
Pasir Panjang Terminal claims to have the “capacity and scale of operations” to meet ONE’s needs for high-quality services and enhanced productivity.
Ong Kim Pong, regional chief executive Southeast Asia for PSA International, described the deal as “win-win and mutually beneficial”. He referred to PSA’s “enhanced products” including data analytics tools as key to improved port efficiency.
Jeremy Nixon, chief executive of ONE, added that the long term strategic partnership with PSA will enable ONE to “further enhance its terminal and vessel planning operations”.
LATEST PRESS RELEASES
Taylor Machine Works, Inc. is proud to announce the release of the ZLC Series. Read more
Bruks Siwertell’s proven technology and delivery capabilities secures new ship loader contract from Martin Operating Partnership
Bruks Siwertell’s proven technology and delivery capabilities secures new ship loader contract from ... Read more
Kuenz recently delivered a rail-mounted container crane to the Netherlands that features a lifting c... Read more
Taylor is proud to announce a new focus on the International markets for heavy industrial lift equip... Read more
The Aqaba Container Terminal (ACT) is the only container port in Jordan and the primary trade gatewa... Read more
Terminal Intermodale Venezia (TIV), part of Hili Company, has gone live with Navis N4 TOS. On Sunday... Read more