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August 22, 2008


Singapore plans 16 berths at Pasir Panjang Terminal

It is reported that the Maritime and Port Authority of Singapore will build 16 berths at Pasir Panjang Terminal, increasing the terminal's annual handling capacity by 14 million standard containers.
Reports say PSA is likely to be the operator of the 16 new berths

The project, due for completion in 2013, comes in response to increasing global trade which has seen container traffic volumes at the port surge by 12.8% to 23.1 millions TEUs in the first 10 months of 2007.

The new berths are in addition to 13 berths currently being built by the terminal's operator, PSA Singapore Terminals, in another project due for completion in 2009.

PSA Singapore Terminals, which is the flagship terminal of PSA International Pte Ltd, has spent almost USD 3.5 billion on expansion projects at the Pasir Panjang Terminal over the past 10 years. Upon completion, the company is expected to have an annual handling capacity of 35 million containers across its four Singapore terminals.