ÐßÐßÊÓƵ

On February 24, PSA Singapore announced that its Tuas Port has achieved a milestone of handling 10 million twenty-foot equivalent units (TEUs). As the world¡¯s largest fully automated container terminal, Tuas Port is designed to meet the growing demands of international trade and further solidify Singapore¡¯s position as a leading transshipment hub.

A Strategic Node in Global Trade
Tan Chong Meng, Group CEO of PSA International, stated, ¡°Tuas Port is a critical node in PSA¡¯s network and the heart of Singapore¡¯s highly integrated supply chain and logistics ecosystem. With its scale, capacity, and advanced capabilities, this mega-port is well-equipped to address the evolving needs of the global supply chain industry.¡±

Ong Kim Pong, Regional CEO of PSA Southeast Asia, emphasized that Tuas Port reflects PSA¡¯s forward-looking vision and will continue to enhance Singapore¡¯s connectivity to global markets.

Phased Development and Sustainability Leadership
The first phase of Tuas Port began operations in 2022 with three berths, which have since expanded to 11. PSA Singapore is committed to advancing sustainable and smart technologies, ensuring the port not only sets industry benchmarks in operational excellence but also leads in environmental stewardship.

Spanning over 1,330 hectares and costing more than S$20 billion (approximately RMB 108.3 billion), Tuas Port is being developed in four phases. At the opening ceremony of the third berth in September 2022, then-Prime Minister Lee Hsien Loong remarked, ¡°Our decision to develop Tuas Port sends a strong signal to the world that Singapore remains open for business and is moving ahead at full speed.¡±

A Lifeline in Global Port Congestion Crises
In recent years, geopolitical uncertainties have disrupted global supply chains, and Tuas Port has repeatedly stepped up to address port congestion crises worldwide.

• 2021: The COVID-19 pandemic disrupted global port operations, and surging cargo demand led to widespread congestion. As a key transshipment hub, Singapore was not spared. PSA Singapore utilized Tuas Port¡¯s yard to increase handling capacity by approximately 2,000 TEUs.

• 2024: The Red Sea crisis forced ships to reroute via the Cape of Good Hope, again disrupting major global ports. In the first four months of 2024, Singapore¡¯s container throughput rose by 8.8% year-on-year, with longer vessel waiting times. Tuas Port responded by activating three new berths to meet demand.

  
  

Upon full completion in 2040, Tuas Port is expected to handle 65 million TEUs annually, cementing its role as a cornerstone of global trade.