PSA buys into Bangkok river terminal

PSA buys into Bangkok river terminal

PSA International’s latest investment is inland – at a river terminal in Bangkok. The Singapore terminal operator has teamed up with Thailand’s SCG Logistics Management to develop the Thai Prosperity Terminal and rebrand it Thai Connectivity Terminal (TCT).

Sited along Thailand’s Chao Phraya River in Bangkok and in close proximity to Bangkok’s city centre and industrial estates, TCT is a well-established river terminal in Thailand that directly serves the hinterland in and around the capital city. TCT is also well connected to the deep-sea port at Laem Chabang, allowing it to cater to the varied needs of local and regional cargo owners.

Ong Kim Pong, regional CEO Southeast Asia, PSA International, commented, “Capitalising on TCT’s strategic location, PSA is committed to growing this critical node as part of our greater transport and cargo solutions network, and to open up more avenues of opportunity for the movement of goods and materials throughout the region.”

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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