COSCO Shipping Ports, the port terminal operator division of COSCO Shipping and PSA Corp., has launched a new berth at COSCO-PSA Terminal (CPT) in Singapore to service its increased freight volumes. The new berth will be supported by an automated yard for more efficient berthing arrangements, and is expected to increase freight handling capacity to 3,000,000 TEUs annually.

“With a view to meet the new requirements from shipping alliances and mega-vessels, as well as maximize the utilization rate of the berths, COSCO Shipping Ports has decided to commence operations at the new berth on January 1 2018,” said the company.

Source: americanshipper.com