PSA Takes Stake in Third Fuzhou Container Terminal

PSA Takes Stake in Third Fuzhou Container Terminal

PSA International has acquired a stake in Fujian Jiangyin International Container Terminal (FJCT) in the Port of Fuzhou, China, becoming the second biggest shareholder in the terminal after Fuzhou Port Group.

The container terminal has 667 meters of quay length and a deep water depth of 17.5 meters. It is equipped with three super-post-Panamax quay cranes (with outreach of 23 rows).

FJCT is PSA’s third joint venture with FPG. It already has invested in Fuzhou International Container Terminal and Fuzhou Qingzhou Container Terminal. With this latest joint venture, PSA and FPG now operate a total of eight berths in the Port of Fuzhou at the three terminals.