PSA to jointly build, run Jakarta terminal

Singapore

PSA International has partnered three other corporates to construct and operate a new container terminal at the Tanjung Priok Port in Jakarta, marking its first project in Indonesia.

In a joint release on Friday, the partners - PSA, PT Pelabuhan Indonesia II (Persero) (IPC), Mitsui & Co, and Nippon Yusen Kabushiki Kaisha (NYK Line) - said that the new terminal would be developed and operated by "the newly established project company PT New Priok Container Terminal One (NPCT1).

The new terminal will have an annual handling capacity of about 1.5 million twenty-foot equivalent units (TEUs) of containers, an overall berth length of 850 metres, and a 16-metre draft upon completion, allowing the terminal to accommodate the advanced mega container vessels plying the oc…