PSA Thailand and SCG Logistics Management Company are creating a joint venture to invest in developing and operating the Thai Prosperity Terminal in Thailand. The two partners will also rename it, Thai Connectivity Terminal (TCT). The new company will be called SCG-PSA Holdings, and it will be a springboard for possible joint exploration and investment in supply chain, focusing greatly on Thailand.
APM Terminals signed a Memorandum of Understanding with Sahathai Terminal PLC and Mitr Phol Sugar to develop a 345,000 TEU capacity greenfield container terminal in Bangkok, Thailand. Bangkok River Terminal Limited will accommodate Thailand’s increasing containerized import and export trade. Completion of the transaction is subject to receiving applicable regulatory approvals and licenses.
Hutchison Ports Thailand (HPT), the largest container terminal operator in the area, has opened Terminal D at Laem Chabang Port. The opening ceremony for the USD 600 million facility took place on January 30. Terminal D is the first terminal in Thailand to handle some of the largest ocean-going vessels. When completed, the terminal is to have a total quay length of 1.700 metres, with 17 Super Post-Panamax quay cranes and 43 electric rubber-tyred gantry cranes all using remote control technology.
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