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PSA invests in third Fuzhou container terminalPSA invests in third Fuzhou container terminal

PSA International has taken a stake in a third terminal in Fuzhou, China. The Singapore-headquartered terminal operator has taken a stake of an undisclosed size in Fujian Jiangyin International Container Terminal (FJCT), making it the second largest shareholder after Fuzhou Port Group (FPJ).

Marcus Hand, Editor

May 30, 2013

1 Min Read
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FJCT has a 667 m of berth with three super post-panamax quay cranes.

It is PSA’s third joint venture with FPJ after its existing investments in Fuzhou International Container Terminal and Fuzhou Qingzhou Container Terminal. PSA operates a total of eight berths at the three terminals in Fuzhou.

“PSA and Fuzhou Port Group recognise the tremendous potential of the Fuzhou Port as a major container hub port to support the further development of industries and hinterland investments in south-eastern and western China,” said Ong Kim Pong, PSA’s regional ceo for Northeast Asia.

“We will continue to create value and help transform Fuzhou into the regional port of call in the Fujian Straits.”

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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