Mike King, Special Correspondent | Oct 02, 2012 10:45AM EDT
The port of Singapore’s container facilities will benefit from an investment of S$3.5 billion (US$2.85 billion) over the next decade as PSA Singapore Terminals continues to boost capacity.
Phases three and four of its Pasir Panjang Terminal development will add 15 new berths and nearly 19,700 feet of quay at drafts of up to 59 feet, taking total port capacity to more than 50 million 20-foot-equivalent units per year by 2020, up from capacity of 35 million TEUs now.
PSA said the new development phases will feature an automated container yard equipped with proprietary planning and operation systems, and unmanned, rail mounted gantry cranes.
Last year Singapore was the world’s second busiest container hub after Shanghai, handling almost 30 million TEU.
Contact Mike King at michael@borderline.eu.com.
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