PSA International
 | A major contributor to this article appears to have a close connection with its subject. (August 2021) |
 | |
| Type | Private |
|---|---|
| Industry | Transport |
| Founded | 1 April 1964 (as Port of Singapore Authority) 1 October 1997 (as PSA Corporation Ltd), December 2003 (as PSA International Pte Ltd) |
| Headquarters | 1 Harbour Drive, PSA Horizons, Singapore 117352 |
Key people | Peter Voser (Group Chairman) Tan Chong Meng (Group CEO) |
| Services | Port services, logistics services |
| Parent | Temasek Holdings |
| Website | www |
PSA International Pte Ltd is a leading port group and trusted partner to cargo stakeholders, with flagship operations in Singapore and Antwerp. As of 10 August 2021, PSA’s global network encompasses over 50 locations in 26 countries around the world. The Group’s portfolio comprises more than 60 deepsea, rail and inland terminals, as well as affiliated businesses in distriparks, warehouses and marine services.[1]
History[]
Under the 1912 Straits Settlements Port Ordinance, the Singapore Harbour Board was formed on 1 July 1913.[2] On 1 April 1964, the Port of Singapore Authority came into being under the 1963 Port of Singapore Authority Ordinance to replace the Singapore Harbour Board and several organisations that have been operating in the port.[3]
In the 1970s, PSA started building a container port in Singapore, and in 1972, handled their first container ship. A decade later, they reached the milestone of one-million-TEU of number of containers processed. They later reached the 5 million TEU mark by 1990, making Singapore at the time as the world’s largest container port. The company became a global operator after it first started its global expansion in 1966 through port interests in Dalian, China.[4][5]
A parliamentary bill was passed on 25 August 1997 to turn the Port of Singapore Authority, a state organisation into an independent commercial company. PSA Corporation Limited (simplified Chinese: 新加坡港务集团) was thus corporatised on 1 October 1997. The company kept the initials “PSA” as its brand name but it is no longer an acronym. The regulatory functions of the former authority were transferred to Singapore's new maritime regulator, the Maritime and Port Authority of Singapore (MPA).
In order to focus on its core port business, PSA Corporation set up The HarbourFront Limited (present day Mapletree) on 7 December 2000 to spearhead development of its properties.[6]
Following a restructuring exercise in December 2003, PSA International Pte Ltd (simplified Chinese: PSA国际港务集团) became the holding company for the PSA Group of companies.
PSA Marine[]
PSA Marine Pte Ltd, a wholly owned subsidiary of PSA International, provides marine services to the maritime and shipping community. They include pilotage and port and terminal towage. PSA Marine owns and operates a fleet of over 80 vessels in Singapore, Malaysia, Hong Kong, China, India, Australia and Oman.
References[]
| Library resources about PSA International |
- ^ "About PSA International". PSA International.
- ^ "Singapore Harbour Board is formed - Singapore History". eresources.nlb.gov.sg.
- ^ "Formation of the Port of Singapore Authority - Singapore History". eresources.nlb.gov.sg.
- ^ "11 Major Container Terminal Operators In The World". Marine Insight. 2021-07-23. Retrieved 2021-12-22.
- ^ "Top 10: The busiest container port and terminal operators in the world". Container News. 2021-09-24. Retrieved 2021-12-22.
- ^ "PSA Sets Up New Vehicle To Pursue HarbourFront Business While Sharpening Focus On core Business". Mapletree. 7 December 2000. Retrieved 22 July 2019.
External links[]
- 1997 establishments in Singapore
- Transport companies established in 1997
- Government-owned companies of Singapore
- Port operating companies
- Temasek Holdings
- Transport operators of Singapore
- Singaporean brands