Port operator PSA International was named the best global container terminal operating firm for the second year running, in the 2016 Asian Freight, Logistics & Supply Chain Awards held in Shanghai.
PSA also received the “Best Container Terminal – Asia (Over 4 million TEUs)" award.
“The Port of Singapore clinched the award for its leading performance on a range of criteria including cost competitiveness, container shipping-friendly fee regime, provision of suitable containing shipping-related infrastructure, timely and adequate investment in new infrastructure to meet future demand and the facilitation of ancillary services,” the Maritime and Port Authority of Singapore (MPA) said in a press release.
Tan Chong Meng, group chief executive officer of PSA International, said its award is an encouraging "shot in the arm for all of us".
Tan Chong said, “This show of support by the industry is an encouraging shot in the arm for all of us at PSA. We are honoured to receive the accolades and will continue to invest in new projects and upgrade our portfolio, processes and people to be able to meet our customers’ growing needs.”
Fock Siew Wah, Group Chairman of PSA International, said, “I wish to thank our customers and business partners for their tremendous vote of confidence. My gratitude also goes to our management, staff and unions who have worked tirelessly as a team to serve our stakeholders. We remain committed to delivering the high productivity and service standards that the industry has come to expect from the PSA brand.”
As one of the leading global port groups, PSA participates in around 40 terminals in 16 countries across Asia, Europe and the Americas with flagship operations in PSA Singapore Terminals and PSA Antwerp.