“This is a momentous occasion and we are thrilled to transform our vision into reality. Tuas Port is where we can help to realise the immense potential of Singapore as a trade hub for the world, and where our people’s passion for excellence meets higher purpose,” said Peter Voser, group chairman of PSA International.
“We will live up to this responsibility and continue to span new frontiers to achieve sustainable business success. I would like to express my deepest gratitude to the Government, our customers, business partners and all our stakeholders for their unwavering support all these years,” he added.
Tuas Port is poised to offer a comprehensive range of value-added port services and innovative cargo solutions leveraging technology and automation, according to a statement.
The adoption of digital solutions is expected to enhance the port’s ability to maximise the potential of supply chains and better support PSA’s customers in managing cargo flows.
Additionally, the port is expected to be strengthened by cross-industry collaboration with partners to stimulate collective action towards supply chain sustainability. PSA has also built its data analytics and digitalisation capabilities, enabling the flexibility to meet rapidly changing requirements as it continues to grow into the 2040s and beyond.
“As an enabler of global trade, PSA has contributed to Singapore’s success as an open and connected trading economy. Tuas Port provides us with an opportunity to reinvigorate this mission for the digital age and I believe it will further boost trade growth flowing through Singapore,” said Tan Chong Meng, Group CEO of PSA International.
“By dovetailing our port operations with the greater ecosystem in Tuas and through collaborating with like-minded partners for integrated intermodal solutions, we can better navigate the growing complexities of global supply chains,” he added.
Tuas Harbor has a 23-meter draft alongside, with a total berth length of 26km. It currently has 500 employees, with the terminal being developed gradually in four phases. When fully operational in the 2040s, it is expected to be the world’s largest fully automated container terminal at a single location, with an annual handling capacity of 65 million TEU.
