Mr Lee Hsien Loong, the Prime Minister of Singapore, officially opened the PSA Singapore Terminals’ (PSA) latest Pasir Panjang Terminal (PPT) Phases 3 and 4 development today.
The S$3.5 billion project, with almost 6,000 meters of quay length and up to 18 meters draft, is specifically designed to serve the next generation of mega container ships.
When the expansion is fully operational by the end of 2017, Singapore would be able to handle a total of 50 million Twenty-foot Equivalent Units (TEU) of containers annually.
Mr Fock Siew Wah, Group Chairman, PSA International, said: “It is significant that today’s opening falls on the same day and month as the arrival of the first container vessel, the M.V. Nihon, in Singapore back in 1972.”
“Now and into the future, we will continue to count on the trust and support of these vital partnerships, as we write the next chapters of the PSA story together.”
Beyond PPT, PSA is working closely with the Singapore government on the development of the future Tuas Port, which will incorporate more innovative automation systems, intelligent planning and control systems, and environmentally-sustainable solutions.
With a designed capacity of 65 million TEUs, the Tuas mega container port will ensure that Singapore is even more competitive and relevant as an International Maritime Center for decades to come.