Phase 2 of PSA-CMA CGM's 4 million TEU terminal in Singapore opens

  Mar 29--SINGAPORE global port operator PSA and French shipping giant CMA CGM have launched Phase 2 of their container terminal Singapore that now has two more berths and an annual capacity of four million TEU.

  The joint venture, the CMA CGM-PSA Lion Terminal (CPLT), commenced operations in July 2016 with two mega container berths at PSA Singapore's Pasir Panjang Terminal 5 (PPT 5) and an initial capacity of two million TEU.

  "Phase 1 began operations in July last year at our newest Pasir Panjang berths, and I am happy to report that CPLT has handled over 500 vessels to date, which works out to more than three ships a day on average," group CEO of PSA International Tan Chong Meng was quoted as saying in a report by Seatrade Maritime.

  The launch of Phase 2 is also timely in light of shipping line alliance changes when the Ocean Alliance, to which CMA CGM belongs, enters into operation on April 1. "We look forward to serving more vessels, bigger ships and greater container volumes in the months to come," Mr Tan said.

  CMA CGM vice president Jean-Yves Duval, said CPLT will now be able to receive not just the biggest ships of the CMA CGM group, but also the ships of other companies.



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