In one of the biggest single port equipment purchases ever made, PSA Singapore Terminals has signed a deal to buy $400 million worth of mega high-tech container handling cranes.
The approximately 30 super post-Panamax quay cranes, from China's Zhenhua Port Machinery Company (ZPMC) will be delivered progressively from next year.
These cranes have been custom-made to handle the newest generation of mega-sized container ships with capacities in excess of 13,000 twenty-foot equivalent units (TEUs).
This equipment purchase forms part of PSA's $5 billion investment in its Pasir Panjang Terminal (PPT) over the last 10 years.
According to PSA South-east Asia and Singapore Terminals chief executive officer Kuah Boon Wee, the new cranes are part of PSA's plans to continue developing PPT.
“We believe that these new cranes will enhance our ability to provide even better and faster service for our customers, enabling them to maximize the hubbing potential of Singapore,” said Kuah.
PSA officials say that the first two phases of PPT, with a total of 26 berths, will reach final completion within the next two years.
Completion of the second phase will boost PSA's total handling capacity in Singapore to 35 million TEUs.
PSA officials added that third and fourth phases of development for PPT has been scheduled to be completed over the next 10 years.
Kuah had recently indicated that future plans by PSA include creating additional container handling capacity of 20 million TEUs along with the construction of an additional 10 kilometres of quay length in the next decade.
The approximately 30 super post-Panamax quay cranes, from China's Zhenhua Port Machinery Company (ZPMC) will be delivered progressively from next year.
These cranes have been custom-made to handle the newest generation of mega-sized container ships with capacities in excess of 13,000 twenty-foot equivalent units (TEUs).
This equipment purchase forms part of PSA's $5 billion investment in its Pasir Panjang Terminal (PPT) over the last 10 years.
According to PSA South-east Asia and Singapore Terminals chief executive officer Kuah Boon Wee, the new cranes are part of PSA's plans to continue developing PPT.
“We believe that these new cranes will enhance our ability to provide even better and faster service for our customers, enabling them to maximize the hubbing potential of Singapore,” said Kuah.
PSA officials say that the first two phases of PPT, with a total of 26 berths, will reach final completion within the next two years.
Completion of the second phase will boost PSA's total handling capacity in Singapore to 35 million TEUs.
PSA officials added that third and fourth phases of development for PPT has been scheduled to be completed over the next 10 years.
Kuah had recently indicated that future plans by PSA include creating additional container handling capacity of 20 million TEUs along with the construction of an additional 10 kilometres of quay length in the next decade.