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MEDIA RELEASE ___________________________________________________________________

11 November 2019

PSA KOLKATA ACHIEVES RECORD MONTHLY THROUGHPUT AND COMMISSIONS 11 NEW REACH STACKERS

PSA’s Bharat Kolkata Container Terminals (“PSA Kolkata”), a subsidiary of PSA International Pte Ltd, set a new monthly throughput record of 61,755 TEU (Twenty-foot Equivalent Unit) in October 2019 at Netaji Subhas Dock, Kolkata Port Trust. October also saw a cumulative total of 3 million TEUs handled by PSA Kolkata since the start of operations in November 2014.

On 1 November, PSA Kolkata upgraded its equipment with the commissioning of 11 new reach stackers, increasing its equipment numbers and replacing older equipment. In addition, PSA Kolkata will receive new and replacement Tractor Trailers by the end of the year. Trial Mobile Harbour Crane operations also continue at a berth previously only used for geared vessels, increasing both productivity and capacity at PSA Kolkata.

Mr Vineet Kumar, Chairman of Kolkata Port Trust, said, “It is heartening to see the volumes grow and to achieve highest ever monthly container output. I hope that with the new equipment in place and further efforts, we will achieve new milestones.”

Mr Sanjay Patra, PSA Kolkata’s Terminal Manager, said, “We are pleased to add to the rich history of Kolkata Port Trust with these new records. We sincerely thank Kolkata Port Trust, the trade and port users for working closely alongside us to reach these milestones. Together, we are aiming for higher volumes and service levels as infrastructure improvements and equipment upgrades are completed.”

Mr Mike Formoso, PSA India’s Managing Director, commented, “May I congratulate PSA Kolkata’s management and staff on their achievement and also thank the union and our contractors for all their efforts.

“Despite global trade uncertainties and a uniquely challenging operating environment, we are pleased to continue to grow at PSA Kolkata, with the support of our stakeholders. We see strong potential for West Bengal, not only for growth as a cargo generating zone but also as a logistics gateway to neighboring states and nations. PSA India will continue to play our part to support the flourishing of trade in West Bengal, and India as a whole.”

For queries, please contact: Ms Sabana Syed

033-40373800 E-mail: sabanasyed@bkct.co.in

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About PSA's Bharat Kolkata Container Terminals PSA’s Bharat Kolkata Container Terminals Pvt Ltd (PSA Kolkata) is located in the riverine Kolkata Port with a 203-km channel leading to the sea. The port is a gateway to the hinterland comprising eastern and north-eastern India, as well as two land-locked neighbouring countries – Nepal and Bhutan. It is well connected by the national highways and railway lines to key cities in the region. ABOUT PSA INTERNATIONAL (PSA) PSA is a leading global port group and a trusted partner to cargo stakeholders around the world. With flagship operations in Singapore and Antwerp, PSA’s portfolio comprises a network of over 50 coastal, rail and inland terminals in 19 countries. Drawing on the deep expertise and experience from a diverse global team, PSA actively collaborates with its customers and partners to deliver world-class port services alongside, develop innovative cargo solutions and co-create an Internet of Logistics. As the partner of choice in the global supply chain, PSA is “The World's Port of Call”. Visit us at www.globalpsa.com.

*Note to Editors: PSA dropped the name of "Port of Singapore Authority" in 1997 when it became a corporatized entity. The company should be referred to as "PSA International Pte Ltd" or "PSA".

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