PSA International Pte Ltd is a port operator and supply chain company, with flagship operations in Singapore and Antwerp. One of the largest port operators in the world, PSA has terminals across 26 countries, including deepsea, rail and inland facilities. PSA is also involved in distripark and marine services.
History
Under the 1912 Straits Settlements Port Ordinance, the Singapore Harbour Board was formed on 1 July 1913. 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.
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
Dalian () is a major sub-provincial port city in Liaoning province, People's Republic of China, and is Liaoning's second largest city (after the provincial capital Shenyang) and the third-most populous city of Northeast China. Located on the ...
, China.
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 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.
Following a restructuring exercise in December 2003, PSA International Pte Ltd became the holding company for the PSA Group of companies.
in March 2022, it was announced by PSA International and
Halifax Port Authority
The Port of Halifax comprises various port facilities in Halifax Harbour in Halifax, Nova Scotia, Canada. It covers of land, and looks after of water.
Strategically located as North America's first inbound and last outbound gateway, the port of ...
that PSA has acquired the Fairview Cove Container Terminal (Ceres Halifax Inc.) from
Nippon Yusen Kabushiki Kaisha
Nippon Yūsen Kabushiki Kaisha (Japan Mail Shipping Line), also known as NYK Line, is a Japanese shipping company and is a member of the Mitsubishi ''keiretsu''. The company headquarters are located in Chiyoda, Tokyo, Japan. It operates a flee ...
.
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
External links
*
Port of Singapore Authority Infopedia pageSG Bicentennial: A Port's Story- a video series about the history of the port of Singapore, produced by PSA Singapore in 2019 to commemorate Singapore's Bicentennial.
{{Authority control
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