PSA Panama Terminal Expansion VIDEO
- Business & Finance
Jan De Nul Group has just released a video about the PSA terminal development project in Panama.
According to JDN, the company is currently expanding the PSA terminal. The project includes dredging and excavation of 4 million m³ of material, as well as the construction of an 800-meter quay wall.
Located on the western bank of the Panama Canal’s Pacific entrance, the current terminal opened for business in 2010 and currently offers 330 meters of berth length, 450,000 TEU annual capacity, served by three quay cranes and nine yard cranes.
After the expansion, the PSA terminal will have capacity of 2 million-TEU (20-foot equivalent units). With the new container handling equipment, including eight new super-post-Panamax quay cranes as well as 12 rail-mounted gantry yard cranes, the expansion will be achieved at an investment cost of approximately $450 million.