Singapore: PSA has ordered $400 million worth of new and enormous high-tech cranes that will allow the port operator to load and unload the latest generation of mega container ships. The latest order is part of PSA's massive S$5 billion investment in its Pasir Panjang Terminal (PPT) over the past 10 years, which has generated 6,000 jobs in the same period.
Kuah Boon Wee, PSA ceo Southeast Asia and Singapore Terminals said, "This latest acquisition of new super post-Panamax quay cranes is part of our ongoing efforts to further develop Pasir Panjang Terminal. Each super post-Panamax quay crane has an outreach of 22 container rows across. These new quay cranes are also equipped with 40-foot Tandem Lift capability and are custom-made to handle the newest generation of mega containerships, with capacity in excess of 13,000teu. We believe that these new cranes will enhance PSA's ability...to maximise the hubbing potential of Singapore."
PSA is buying about 30 cranes from China-based Shanghai Zhenhua Port Machinery Company (ZPMC), the global market leader in terms of crane manufacturing. [13/09/07]
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