CMA CGM and PSA have inaugurated the second phase of their joint terminal at Pasir Panjang Terminal in Singapore.

“PSA is deeply honoured by the trust CMA CGM has placed on us to serve as their Asian hub for the long run,” said Kim Pong Ong, regional CEO of Southeast Asia at PSA [right in photo]. “We look forward to the opportunities this brings to support trade between the ever-growing economies of the Asia-Pacific region, and the world.”

The joint venture, CMA CGM-PSA Lion Terminal Pte. Ltd., now operates four berths at PPT, with a total capacity of 4 million TEUs.

“This is another exciting milestone for CMA CGM as part of the group’s continued efforts to make Singapore our main hub in the region, while reiterating the importance of Singapore to our global strategy,” said Jean-Yves Duval, senior vice president of CMA CGM’s Asia regional office [fourth from left in photo].

CPLT’s first phase consisting of two berths opened in July 2016, according to CMA CGM.