CONNECTING BANGLADESH TO THE WORLD
As one of the world’s fastest growing economies, Bangladesh is making great strides to connect to new markets through a variety of modernisation projects. These projects will propel Bangladesh’s growth as a major player in the global marketplace and better the lives of the Bangladeshi people.
One key initiative is the Bay Terminal at the Port of Chittagong (now known as Chattogram). The Bay Terminal will comprise two container terminals and one multipurpose terminal.
The development of the Bay Terminal will enhance the major gateway for Bangladesh’s trade with world markets by improving the quality of services and offering innovative facilities that augment the capacity of the existing Chittagong Port. In addition, the new port aims to enhance competitiveness of the country’s exports by reducing shipping and logistics lead time and associated supply chain costs.
PSA is committed to work closely with the Government of Bangladesh to participate and invest in the future Chattogram Bay Terminal Project. PSA has embarked on a feasibility study and we continue to work closely alongside the Bangladesh Ministry of Shipping, Public Private Partnership Authority and Chattogram Port Authority to make progress on this iconic project. Once completed, the Bay Terminal will create a sustainable and resilient global supply chain and port logistics hub, through which local businesses and communities can prosper alongside Bangladesh’s booming economy.
PROJECT UPDATES
PSA is deepening our relationship with IFC, bringing in the best resources and expertise to support the development of the Bay Terminal project in Bangladesh. On 30th Aug 2021, PSA and IFC signed a Joint Development Agreement (JDA), formalising a partnership that will bring in IFC’s expertise as a global development finance institution (DFI), to augment PSA’s capabilities in global port management and development, and contribute towards the success of the project. IFC’s experience in addressing environmental and social risks as well as PSA’s focus on sustainability will allow the project to be aligned with Bangladesh’s Sustainable Development Goals (SDGs).
Deployment of advanced container terminal gate system that employs optical character recognition (OCR) to identify container trucks and containers for matching with pre-approved submitted data for paperless clearance.
Quayside gantry cranes with greater lifting height and longer outreach will ensure the larger vessels calling at the terminal will be served with the best productivity. These steel behemoths will incorporate twin-lift technology and intelligent crane control systems to optimise the hoist, trolley and gantry motions for smooth, safe and productive container handling between vessel and shore.
Smooth and productive container handling operations at the quayside need to be complemented with similar productivity in the yard. A fleet of low-emission electric RTGs will ensure that despite round-the-clock operations to provide seamless connections to the quayside and stacking in the yard, their lower greenhouse gas and particulate matter emissions will ensure air quality is preserved. Regenerative electricity can also be fed back to the power grid to reduce power wastage.
PSA BANGLADESH PARTNERSHIPS
CONNECTED AS TRUSTED PARTNERS
Bangladesh is a leader in GDP growth among South Asia countries. PSA has journeyed alongside the world’s fastest growing economies in our projects around the world and forged successful partnerships by assembling the best team for each project. We work together with a variety of stakeholders from government authorities, fellow port operators, shipping lines and private investors.
In Bangladesh, PSA has established strong connections with the business community through our subsidiary PSA Marine, where they provide support vessel services under a 15-year contract with Summit Power International. PSA International looks forward to the partnership alongside Chittagong Port Authority (CPA) to create the next generation port facility, so that we can enhance offerings to both the global shipping community and local Bangladeshi businesses.
CONNECTED THROUGH INNOVATIONS & SOLUTIONS
Global connectivity, supply chain solutions and digitalisation – PSA International collaborates with customers and industry partners to integrate these pivotal focus areas. We offer distinctive port-centric cargo solutions to benefit cargo owners and service providers with the ability to better manage their cargo flows for greater efficiency, agility and resilience. A future-ready hyperconnected Bay Terminal will be planned to power Bangladesh’s dreams and aspirations for generations to come.
CONNECTED WITH THE COMMUNITY
PSA’s social and environmental commitment is based on continuous dialogue with local communities. We believe that sustainability can contribute to the creation of value to better the lives of the nation and its people. In every project we embark on, we ensure that we balance the needs of the local community, supporting the environment to put in place responsible operations.
For example, PSA International and PSA Marine Bangladesh Shipping gave back to the community in the fight against COVID-19 with our contribution of personal protective equipment items to the employees of Chittagong Port Authority and the Chittagong Port Hospital. This is part of the PSA Group’s efforts to help safeguard the health and safety of port workers in Bangladesh.
PSA PROJECT SHOWCASE
TUAS, SINGAPORE
Tuas Port is anticipated to be the world’s largest fully-automated terminal. Designed to meet and exceed the future demands of the world’s largest mega-vessels, mega-alliances and mega-networks, it represents the future and will have a capacity of handling 65 million TEUs annually. The project challenges designs beyond the physical port, into complementary logistics capabilities and integrated digital systems. Transforming the industry to deliver holistic cargo solutions to customers, promoting higher supply chain efficiencies.
MUMBAI, INDIA
India’s largest container terminal, Bharat Mumbai Container Terminals Pvt Ltd (PSA Mumbai) is a subsidiary of PSA International. Located in Jawaharlal Nehru Port in Maharashtra, its Phase 1 development boasts a 1,000-metre berth, a fleet size of 12 quay cranes, and a capacity of 2.4 million TEUs. PSA undertook the construction of this greenfield project, inclusive of land formation and commissioning of superstructure and completed the challenging project ahead of schedule, commencing operations in Feb 2018. It achieved its milestone two millionth TEU in January 2021.
DAMMAM, SAUDI ARABIA
On 1 October 2020, Saudi Global Ports (SGP), one of PSA International’s subsidiaries, has assumed management of both the First and Second Container Terminals in King Abdulaziz Port in Dammam (KAPD). This makes SGP the sole container terminal operator of the port.
This consolidation was completed in 6 months following SGP’s securing of the Build, Operate and Transfer (BOT) agreement with Saudi Ports Authority (Mawani) for both the First and Second Container Terminals in the King Abdulaziz Port in Dammam in April 2020, following sterling performance by SGP since commencing operations of the Second Container terminal in 2015.