Cosco takes another berth in Singapore

Cosco takes another berth in Singapore

Cosco Shipping Ports is taking another berth in Singapore. The third berth at joint venture Cosco-PSA Terminal will launch next year, featuring an automated yard, and will give the JV a total annual throughput of 3m teu.

Terminal operator PSA said the latest deal enables the two companies “to seize the opportunities of globalization and further strengthen the role of the Singapore Port as a global container transshipment hub, reinforcing the shipping links between China and countries in Southeast Asia”.

Cosco is a key member of the new Ocean Alliance, a container grouping that has selected Singapore over neighbouring Malaysia for its Southeast Asian hub operations.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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