PSA International

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PSA International
Type Private
Founded 2003
Headquarters Singapore
Key people Fock Siew Wah (Group Chariman), Eddie Teh (Deputy Group Chairman & Group CEO)
Industry Transport
Services Port services, logistics services
Revenue ▲ S$4,151 million SGD (2007)[1]
Operating income ▲ S$1,577 million SGD (2007)
Net income ▲ S$1,925 million SGD (2007)
Parent Temasek Holdings Ptd Ltd
Website http://www.internationalpsa.com

PSA International Pte Ltd is a second largest port operator in the world.[2]The company's flagship operations are PSA Singapore Terminals, PSA HNN and PSA Marine. In total, PSA operates 28 port projects in 16 countries across Asia, Europe and the Americas, with a global capacity of 111 million TEUs over 66km of quay length.

Contents

[edit] History

PSA Keppel with the Singapore skyline in the background
PSA Keppel with the Singapore skyline in the background

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.[3] PSA restructured in December 2003, with PSA International Pte Ltd becoming the main holding company for the PSA Group of companies.[4]

In 2006 PSA entered into a bidding war with Dubai Ports World for the British company P&O,[5] but was outbid.[6]

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's portfolio of ports.[citation needed]

[edit] PSA Singapore Terminals

Quay cranes in operation at PSA Keppel
Quay cranes in operation at PSA Keppel

PSA Singapore Terminals is the world’s largest container transshipment hub, handling about one-fifth of the world's total container transshipment throughput, and 6% of global container throughput. It has a network of 200 shipping lines serving 600 ports in 123 countries. [7]

PSA claims to have developed several in-house IT systems, including Computer Integrated Terminal Operating System (CITOS); Portnet; Flow-Through Gate; Remote-controlled Overhead Bridge Cranes; Collaborative Port Community Solution.

[edit] PSA Marine

PSA Marine Pte Ltd, a wholly-owned subsidiary of PSA International, provides marine services to the maritime and shipping community. They include pilotage, port and terminal towage, ocean transportation, support vessels for the offshore oil & gas industry, heavy-lift, oil spill response and salvage services.

[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] Ports and terminals

The table below includes current and future terminals managed by PSA International.[8]

Terminal Country Container
berths		 Quay length
(m)		 Area
(ha)		 Max draft
(m)		 Quay
cranes		 Capacity
(kTEUs)
Exolgan Container Terminal, Buenos Aires Argentina 4 1,300 67 12 10 2,000
Churchill Terminal, Antwerp Belgium 5 2,260 80 14 5 800
Deurganck Terminal, Antwerp Belgium 8 2,750 200 16.5 24 5,700
MSC Home Terminal, Antwerp Belgium 8 2,580 163 16 23 4,000
Europa Terminal, Antwerp Belgium 4 1,180 72 14.5 8 1,700
Noordzee Terminal, Antwerp Belgium 4 1,125 79 15.5 10 2,000
Container Handling Zeebrugge Belgium 3 1,000 37 15.5 8 825
Albert II Terminal, Zeebrugge Belgium 4 1,300 50 16.5 8 1,100
Dalian Container Terminal, Dalian China 7 1,856 74 14 16 2,200
Dalian Port Container Terminal, Dalian China 6 2,097 125 17.8 18 2,800
Dongguan Container Terminal, Dongguan China 2 678 48.5 14.3 6 950
Fuzhou Qingzhou Container Terminal, Fuzhou China 3 519 28 11.5 4 500
Fuzhou International Container Terminal, Fuzhou China 5 1,650 160 17.5 15 2,500
Guangzhou Container Terminal, Xingang China 3 659 27 13 6 800
Guangzhou Container Terminal, Xinsha China 3 640 39 13 6 1,100
Container Terminal 3, Hong Kong China 1 305 16.7 14 4 630
Container Terminal 4, Hong Kong China 12 4,292 111 15.5 43 8,500
Container Terminal 6, Hong Kong China
Container Terminal 7, Hong Kong China
Container Terminal 9, Hong Kong China
Container Terminal 8 East, Hong Kong China 2 1,088 30 15.5 9 1,800
Container Terminal 8 West, Hong Kong China 2 740 28.5 15.5 8 1,800
Tianjin Port Alliance International Container Terminal, Tianjin China 4 1,100 63 16 11 1,850
Tianjin Port Pacific International Container Terminal, Tianjin China 6 2,300 218 16 23 4,000
Chennai International Terminals, Chennai India 3 832 35 15.5 3 1,500
PSA Hazira International Terminal, Hazira India 2 650 33.2 15 2 1,230
Tuticorin Container Terminal, Tuticorin India 1 370 10 11.9 3 450
Kolkata Container Terminal, Kolkata India
Venice Container Terminal, Venice Italy 3 860 29 10 5 450
Voltri Terminal Europa, Genoa Italy 5 1,480 113 15 13 2,000
Hibiki Container Terminal, Kitakyushu Japan 4 1,225 43 15 3 1,100
Busan New Port, Busan Korea, South 9 3,200 206 17 26 5,500
Incheon Container Terminal, Incheon Korea, South 3 900 35.5 14 9 1,350
Holland Terminals, Rotterdam Netherlands (barge) 300 10 5.5 2 265
PSA Panama International Terminal, Pacific Coast Panama 1 330 12 14 3 450
PSA Gwadar International Terminals, Gwadar Pakistan - 602 50 14.5 2 500
Sines Container Terminal, Sines Portugal 3 940 36.4 16 10 1,400
Brani Container Terminal Singapore 9 2,600 80 15 32 35,000
Keppel Container Terminal Singapore 14 3,200 100 14.6 42
Pasir Panjang Container Terminal Singapore 23 7,900 335 16 71
Tanjong Pagar Container Terminal Singapore 8 2,300 85 14.6 27
Eastern Sea Laem Chabang Terminal, Laem Chabang Thailand 3 1,250 45.5 14 13 2,220
Mersin International Port, Mersin Turkey 6 1,500 110 14 7 2,500
PSA UK East Terminal, Great Yarmouth United Kingdom 1 200 12 11 2 250
SP-PSA International Port, Vung Tau Vietnam 4 1,200 54 14.5 12 2,200

[edit] References

  1. ^ http://www.singaporepsa.com/newsroom/news/2008/nr080303.pdf
  2. ^ Port Operator Buys a Stake in Big Rival
  3. ^ Chee, Veronica (2001). Port of Singapore Authority (PSA). Singapore Infopedia. National Library Board, Singapore. Retrieved on 2006-09-17.
  4. ^ Going Global. PSA International. Retrieved on 2006-09-17.
  5. ^ http://news.bbc.co.uk/1/hi/business/4653596.stm
  6. ^ http://news.bbc.co.uk/1/hi/business/4480542.stm
  7. ^ http://www.singaporepsa.com/corporate/corporateinfo.html
  8. ^ http://www.internationalpsa.com/factsheet/map.html

[edit] External links

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