2016 Singapore International Port profit of $ 1,173 million

  • Date: Mar 29, 2017
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On March 27th, Singapore International Port Group and France Flying Sea joint venture container terminal two officially launched, the French Republic President Francois Hollande (Francois Hollande) and the Singapore Infrastructure Construction Department and Minister of Transport Xu Wenyuan (Khaw Boon Wan) attended the launching ceremony.

It is reported that the CMA CGM-PSA Lion Terminal (CPLT), which was jointly established by Dafa Group and Singapore International Port Group in July 2016, began operations and operates two large containers (PasirPanjang Terminal 5, PPT 5) in Singapore, Singapore berth. It is reported that the joint venture company, 49% stake in the fleet, the Singapore terminal holding 51%, the initial berth through the capacity of 2 million TEU. The construction of the second phase, the addition of two container berths. That is, at present, the company’s berths are capable of 4 million TEU.

“The CMA CGM-PSA Lion Terminal started operation in July 2016. So far, the terminal has handled more than 500 container ships, averaging daily processing,” said Tan Chong Meng, Chief Executive Officer of Singapore International Port Group. More than 3 vessels.

It is reported that the sea where the Flying Union will be put into operation on April 1, and the start of the second terminal is also timely response to the upcoming container alliance changes. “In the future, we look forward to being able to handle more and larger container ships and handle more containers,” said Jean-Yves Duval, senior vice president of Flying. “At present, CMA CGM-PSA Lion Terminal is not only able to Dafei Group ‘s largest container vessel berthing, also allows other shipping companies to dock large vessels.

The world’s second largest container port in Singapore Harbor completed container throughput of 30.9 million TEU in 2016. In 2015, the port volume fell by 8.7%, and with the joint venture in July 2016 together with the production, the decline in 2016 narrowed to 0.06%. And the second phase of the joint venture production, is bound to help the Singapore port to the loss of part of the volume to attract back to get rid of the downward trend, to return to positive growth range.

As a partner of the Port of Singapore, Dafei Group is also committed to consolidating the global position of the port. In addition to the establishment of the joint venture, in July 2010, the fleet of its Asian headquarters moved from Hong Kong to Singapore, while the integration of the US Presidential Steamship Headquarters is still located in Singapore, which will make the long-term in Asia for the region for customers in Asia On January 11, 2017, Dafei Maritime Group announced that it has been officially opened at the Navigation and Port Operations Center in Singapore, the headquarters of the US Presidential Vessel (APL) – Singapore. , Aimed at strengthening its operations in the Singapore region, but also to honor the Singapore as a group of Asian hub commitments.

In 2016, Singapore International Port Group handled a total of 67.63 million TEU containers, an increase of 5.5%; operating profit fell 5.4% to 1.167 billion US dollars; annual net profit of 1.173 billion US dollars, down 7.5%.

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