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Lloyds List via NewsEdge Corporation :

SINGAPORE’ s terminal operator PSA International has steadily been building its presence in China over the last 12 months with a raft of new terminal projects in the north and south of the country to add to its existing terminals portfolio in Fuzhou and Guangzhou.

In October, the firm was part of a group that secured approval from China’s top decision making body, the National Development and Reform Commission, for a Yuan6.6bn ($835m) container terminal in Tianjin, 75km south-east of Beijing.

Tianjin Port Pacific International Container Terminal, which is 49% owned by PSA (Tianjin) and 51% controlled by Tianjin Port, received the go-ahead to develop six container berths with a design capacity of 4m teu. Work on the complex has begun and will become operational in 2008.

Each berth will have a depth alongside of 16m and be capable of handling ships of more than 10,000 teu. With a total quay length of 2.3 km the terminal will cover an area of 253 hectares.

The terminal will be located opposite PSA International’s existing investment in the city, Tianjin Port Alliance International Container Terminal, which is being developed in association with Tianjin Port and other partners in Tianjin’s north harbour area.

This second container terminal will have four berths with a total quay length of 1.1 km when construction is completed next year. The terminal will have 11 quay cranes and about 30 yard cranes and a design capacity of 1.7m teu. There will be a depth alongside of 16 m and the terminal will cover an area of 63 hectares.

Across the Bohai Bay, PSA International has also been linked with the 3.2m teu third phase of the Dalian port development where it already operates nine container berths with a total length of 2.5 km and a capacity of 3.4m teu.

Insiders said Dalian Port (PDA), which was listed on the Hong Kong stock exchange earlier this year, could sell up to 50% of the third phase to PSA International, which has a strategic stake in the port operator.

The third phase of the port is in the process of being approved by Chinese regulators.

Further south, PSA International also secured approval earlier this year to jointly develop a two berth container terminal at Dongguan, on the Pearl River midway between Guangzhou and Hong Kong.

Dongguan Terminal is being developed under an 80:20 joint venture between PSA International and Dongguan Port Group at a cost of Yuan1.4bn. The two-berth will have a total capacity of 820,000 teu when operational in 2008.

The facility will have a total quay length of 678 m, an area of 48.5 hectares, six quay cranes and a maximum draft of 14.3 m.

The complex will be Dongguan’s first dedicated container terminal for ocean going vessels. PSA International also has an option for a two-berth second phase that will be developed according to demand.

<<Lloyds List — 11/29/06>>