Singapore to stick to one operator when Tuas port opens

An artist’s impression of the Tuas mega port which will open progressively from 2021.
An artist’s impression of the Tuas mega port which will open progressively from 2021.PHOTO: MARITIME AND PORT AUTHORITY OF SINGAPORE

Singapore, which is building a new mega port in Tuas, has ruled out having a second operator to manage the larger facility, which will open progressively from 2021.

This is to ensure that the port, which faces strong competition from rivals in the region, continues to operate efficiently, said the Maritime and Port Authority of Singapore (MPA). Confirming for the first time publicly that PSA Singapore will remain the only operator when the port starts operating, an MPA spokesman told The Straits Times that this "will help ensure the most efficient use of our resources and allow us to achieve scale and synergies in our port operations".

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A version of this article appeared in the print edition of The Straits Times on April 23, 2018, with the headline 'S'pore to stick to one operator when Tuas port opens'. Print Edition | Subscribe