March 29, 2017 2:10 PM ET

Transportation Infrastructure

Company Overview of PSA Corporation Limited

Company Overview

PSA Corporation Limited operates container terminals in Singapore. The company handles specialized cargo, such as hazardous chemicals and refrigerated cargo, and depot services at the on-dock depots; and solutions for shippers, including transloading, multi-countries' consolidation, and central distribution. It transfers containers from one vessel to another vessel bound for its final destinations, including Asia, Europe, and the Americas. PSA Corporation Limited was formerly known as Port of Singapore Authority and changed its name to PSA Corporation Limited in January 1997. The company was founded in 1964 and is based in Singapore. PSA Corporation Limited operates as a subsidiary of PSA In...

460 Alexandra Road

Singapore,  119963

Singapore

Founded in 1964

Phone:

65 6274 7111

Fax:

65 6274 4261

Key Executives for PSA Corporation Limited

Chief Executive Officer
Age: 67
Group Chief Executive Officer of PSA International
Age: 55
Regional Chief Executive Officer of Southeast Asia
Assistant Vice-President of Group Corporate Affairs
Compensation as of Fiscal Year 2016.

PSA Corporation Limited Key Developments

The CMA CGM Group and PSA Launch Phase 2 of Container Terminal Joint Venture in Singapore

The CMA CGM Group and PSA kicked off the second phase of their container terminal joint venture in Singapore. The CMA CGM - PSA Lion Terminal (CPLT) started operations with two mega container berths at PSA Singapore's Pasir Panjang Terminal 5 (PPT 5) that had an initial annual capacity of 2 million TEUs (twenty-foot equivalent units) in July 2016. With the addition of two more berths under Phase 2 of its development, CPLT is now equipped with a total operating capacity of 4 million TEUs. CPLT has achieved high service levels with an average Gross Berth Productivity of more than 160 moves per hour for the mega vessels since the beginning of 2017.

CMA CGM Forms Joint Venture PSA Singapore Terminals to Operate and Use Four Container Berths at Pasir Panjang Terminal Phases 3 and 4

CMA CGM and PSA Singapore Terminals have formed a joint venture to operate and use four container berths at Pasir Panjang terminal Phases 3 and 4.

PSA Corporation Limited Launches PSA Living Lab for Port and Logistics Industry

PSA Corporation Limited (PSA) with the support of the Economic Development Board (EDB) and the Maritime and Port Authority of Singapore (MPA) has inaugurated the PSA Living Lab, a living laboratory in Singapore for the port and logistics industry, with close to SGD 100 million committed to the initiative over the next three years. Comprising two operational berths at Pasir Panjang Terminal, the PSA Living Lab will enable start-ups and technology solution providers to collaborate with PSA to develop ideas and test-bed integrated systems in an unparalleled live port environment at PSA Singapore Terminals. The PSA Living Lab is an integral part of PSA's on-going program to develop innovative and cutting-edge technology solutions for its existing terminal operations in Singapore, as well as the future Tuas Terminal. One key project is the Automated Guided Vehicle (AGV) system, which will ramp up operations to a fleet of 30 vehicles in 2017. Operationally-ready solutions have the potential to be deployed at terminals of the PSA Group worldwide. The PSA Living Lab will also complement the recently-launched PSA unboXed Incubator program, which seeks innovative solutions from start-ups to revolutionise container terminal operations, streamline global supply chain logistics, and enhance the efficiency of international trade with better visibility and security.

Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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