PSA International

PSA International Pte Ltd
Private
Industry Transport
Founded April 1, 1964 (then Port of Singapore Authority, October 1, 1997 (PSA Corporation Ltd), December, 2003 (PSA International Pte Ltd)
Headquarters 460 Alexandra Road, Singapore
Key people
Fock Siew Wah (Group Chairman)
Tan Chong Meng (Group CEO)
Services Port services, logistics services
Parent Temasek Holdings
Subsidiaries Various
Website www.globalpsa.com
PSA Building, the PSA Group's headquarters in Singapore
PSA Singapore Terminals, operated by PSA International

PSA International Pte Ltd is one of the world's largest port operators.[1]

History

Under the 1912 Straits Settlements Port Ordinance, the Singapore Harbour Board was formed on 1 July 1913[2]. On 1 April 1964, the Port of Singapore Authority came into being under the 1963 Port of Singapore Authority Ordinance to replace the Singapore Harbour Board and several organisations that have been operating in the port[3].

A parliamentary bill was passed on 25 August 1997 to turn the Port of Singapore Authority, a state organisation into an independent commercial company. PSA Corporation Limited (simplified Chinese: 新加坡港务集团) was thus corporatised on 1 October 1997. The company kept the initials “PSA” as its brand name but it is no longer an acronym. The regulatory functions of the former authority were transferred to Singapore's new maritime regulator, the Maritime and Port Authority of Singapore (MPA).

Following a restructuring exercise in December 2003, PSA International Pte Ltd (simplified Chinese: PSA国际港务集团) beccame the holding company for the PSA Group of companies with PSA Singapore as one of its flagship terminals.

Global footprint

PSA participates in port projects across Asia, Europe and the Americas with flagship operations in PSA Singapore and PSA Antwerp.

Singapore

Thailand

Vietnam

Indonesia

India

Saudi Arabia

China

Korea

Japan

Belgium

Italy

Portugal

Turkey

Argentina

Panama

Colombia

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 and port and terminal towage. PSA Marine owns and operates a fleet of over 80 vessels in Singapore, Malaysia, Hong Kong, China, India, Australia and Oman.

Unions

PSA's employees in Singapore are organised under the Singapore Port Workers' Union (SPWU) and the Port Officers' Union (POU).

References

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