BPA President Kang Jun-seok Visits World No.1 Global Terminal Operator PSA

Kang Jun-seok, President of Busan Port Authority (BPA), visited the headquarters of PSA, the world's number one global terminal operator and the largest transshipment port container terminal operator in Singapore, on the 8th.

Singapore Port is the world's top transshipment port, and PSA operates 49 container terminals in 19 countries worldwide, in addition to managing Singapore Port. PSA also operates terminals at Busan New Port's Pier 1 and Pier 4 through equity investments.

BPA expressed gratitude for PSA's advanced terminal operations at Busan New Port, which have enhanced port efficiency and made significant efforts to raise safety awareness among port workers. BPA also requested active future exchanges as PSA is currently undertaking the Tuas New Port development project.

PSA Chairman Tan Chong Meng expressed hope to accelerate exchanges and cooperation with Busan Port and provided detailed explanations about the Tuas New Port development project, the world's largest automated container terminal development project.

The Tuas New Port development project aims to develop a port with a total of 66 berths and a handling capacity of 65 million TEUs by 2040. The first phase of development has been completed, and currently, five berths are in operation.

Officials from Busan Port Authority and PSA are discussing future plans.

PSA announced that three container terminals located in Singapore's urban areas?Tanjong Pagar, Brani, and Keppel?as well as Pasir Panjang Terminal, the largest terminal currently at Singapore Port, will all be relocated to Tuas in the future.

President Kang Jun-seok said, "Singapore Port is the world's best transshipment port, with many aspects in port operation and development that Busan Port can benchmark. We will continue to promote various collaborations between advanced ports to establish a mutually beneficial (Win-Win) relationship."

This content was produced with the assistance of AI translation services.