ONE, PSA to Form JV Container Terminal in SIN

Ocean Network Express (ONE) and PSA Singapore (PSA) have unveiled their plans to form a joint venture company based at Pasir Panjang Terminal in Singapore.
Subject to regulatory approvals, the joint venture terminal is scheduled to commence operations in the first half of 2019 and operate four mega container berths with a combined annual handling capacity of 4 million TEUs.
“Through this joint venture in Singapore, ONE will be enabled to further enhance its terminal and vessel planning operations in an even closer co-operation with PSA. This will improve our service reliability and benefit our customers through better service levels,” Jeremy Nixon, Chief Executive Officer, ONE, said.
ONE explained that, as the main hub in Southeast Asia for shipping lines and major alliances, Pasir Panjang Terminal has the capacity and scale of operations to meet the company’s needs with high-quality services and enhanced productivity.

Ocean Network Express(ONE)和PSA新加坡(PSA)公佈了他們計劃在新加坡Pasir Panjang Terminal成立合資公司的計劃。
通過在新加坡的合資企業,ONE將能夠與PSA進一步加強其碼頭和船舶規劃業務。這將提高我們的服務可靠性,並通過更好的服務水平使我們的客戶受益, ONE首席執行官Jeremy Nixon表示。
ONE解釋說,作為東南亞航線和主要聯盟的主要樞紐,Pasir Panjang Terminal擁有運營能力和規模,通過高質量的服務和提高的生產力滿足公司的需求。

Information source: World Maritime News Staff , Image Courtesy: ONE