PSA International
From Wikipedia, the free encyclopedia
PSA International Pte Ltd is a port operator. The company's main operations are PSA Singapore Terminals and PSA HNN (Hesse-Noord-Natie). In total PSA operates 20 port projects in 11 Asia and Europe including China, India, Korea, South East Asia and Japan.
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[edit] PSA Singapore Terminals
PSA Singapore Terminals is the world’s largest container transhipment hub, handling about one-fifth of the world's total container transhipment throughput, and 6% of global container throughput.[citation needed] It links shippers to an network of 200 shipping lines with connections to 600 ports in 123 countries. Shippers have access to daily sailings to every major port in the world [citation needed].
PSA claims to manage its operations on a network of more than 300 servers. In addition, PSA claims to have installed CITOS and PORTNET.
Some of the innovations developed in-house by PSA include: Computer Integrated Terminal Operating System (CITOS); Portnet; Flow-Through Gate; Remote-controlled Overhead Bridge Cranes; Collaborative Port Community Solution.
[edit] PSA HNN
PSA HNN was formed in 2002 through the merger of two established terminal operating companies. After the merger, PSA HNN became part of the PSA group. PSA HNN is PSA’s largest investment in Europe and it operates terminals in the ports of Antwerp, Zeebrugge and Rotterdam, handling containers, cars and general cargoes.
On 31st Aug 2005, PSA HNN & K-Line-Yang Ming-Hanjin (KYH) announced the formation of a joint-venture company, Antwerp International Terminal NV, to operate multiple berths at the PSA HNN Deurganck Terminal in Antwerp wef Jan 2006.
KYH is PSA’s long-time global customer. Antwerp will become the European hub for KYH to handle its rapidly expanding FE-Europe trade.
PSA HNN plans to invest more than 500M euro in the next 5 years to double its terminal capacity to over 10 MTEU at Right and Left Bank of the River Schelde in Antwerp.[citation needed] The KYH-PSA JV berths will be located at PSA HNN’s Deurganck Terminal at the Left Bank.
[edit] History
The Port of Singapore Authority was formed on April 1, 1964 to take over the functions, assets and liabilities of the Singapore Harbour Board. On August 25, 1997, a parliamentary bill was passed to corporatise the Port of Singapore Authority, and PSA Corporation Ltd was corporatised on October 1, 1997.<ref>Chee, Veronica (2001). Port of Singapore Authority (PSA). Singapore Infopedia. National Library Board, Singapore. Retrieved on 2006-09-17.</ref> PSA restructured in December 2003, with PSA International Pte Ltd becoming the main holding company for the PSA Group of companies.<ref>Going Global. PSA International. Retrieved on 2006-09-17.</ref>
In 2006 PSA entered into a bidding war with Dubai Ports World for the British company P&O, [1] but was outbid. [2]
Shortly after, PSA announced that it has signed a sales and purchase agreement to purchase a 20% equity and loan interest in Hutchison Whampoa Limited (HWL)'s portfolio of ports.
[edit] Management Team
Chairman: Mr Fock Siew Wah. Group CEO: Mr Eddie Teh.
[edit] Current facilities
- For 6 months from July 2004.
[edit] Projected/planned facilities
The following figures show facilities currently under construction, or are planned for construction at a later date. Figures for expansions exclude that of existing facilities as presented above.
| Port | Country | Container berths | Quay length (m) | Area (ha) | Max draft (m) | Quay cranes | Capacity (kTEUs) |
|---|---|---|---|---|---|---|---|
| Deurganck Terminal, Antwerp (P2) | Belgium | 4 | 970 | 120 | 15.5 | 16 | 2,250 |
| Albert II Terminal, Zeebrugge | Belgium | - | - | - | - | - | 1,200 |
| Bastenaken Terminal, Zeebrugge | Belgium | - | - | 54 | - | - | 1,200 |
| Fuzhou International Container Terminal | China | 2 | 688 | 74 | 2 | 3 | 800 |
| Guangzhou Huangpu Xinsha Terminal | China | Future expansion | |||||
| Tianjin Port Alliance International Container Terminal | China | 4 | 1,100 | 63 | 18 | 11 | 1,700 |
| Venice Container Terminal | Italy | 1 | 350 | 10.5 | 10 | 1 | 170 |
| Voltri Terminal Europa, Genoa | Italy | 3 | 750 | 50 | 15 | 8 | >1,000 |
| Hibiki Container Terminal, Kitakyushu | Japan | 0 | 0 | 6 | 15 | 6 | 800 |
| Busan New Port | Korea, South | 6 | 2,150 | 125 | 16 | 25 | 5,500 |
| Incheon Container Terminal | Korea, South | 2 | 600 | 22.5 | 16 | 6 | 800 |
| Sines Container Terminal | Portugal | 2 | 620 | 18.4 | 16 | 8 | 1,150 |
| Pasir Panjang Container Terminal (Phase 2B) | Singapore | 4 | 1,246 | 56 | 16 | 16 | 2,800 |
| Pasir Panjang Container Terminal (Phase 2C) | Singapore | 7 | - | - | - | - | 5,600 |
| Total | 35 | 8,474 | 599.4 | 100 | 23,970 | ||
[edit] References
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