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	<title>Tuas Port Archives - International Finance</title>
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	<title>Tuas Port Archives - International Finance</title>
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		<title>Singapore begins Tuas Port’s phase 2 construction using modern tech</title>
		<link>https://internationalfinance.com/ports-and-shipping/singapore-begins-tuas-ports-phase-2-construction-modern-tech/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=singapore-begins-tuas-ports-phase-2-construction-modern-tech</link>
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		<dc:creator><![CDATA[International Finance Desk]]></dc:creator>
		<pubDate>Fri, 05 Jul 2019 05:15:07 +0000</pubDate>
				<category><![CDATA[Ports and Shipping]]></category>
		<category><![CDATA[Singapore]]></category>
		<category><![CDATA[Singapore ports]]></category>
		<category><![CDATA[Tuas Port]]></category>
		<category><![CDATA[Tuas port construction]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=25849</guid>

					<description><![CDATA[<p>The completed Tuas project will have a capacity to handle up to 65 million TEUs annually</p>
<p>The post <a href="https://internationalfinance.com/ports-and-shipping/singapore-begins-tuas-ports-phase-2-construction-modern-tech/">Singapore begins Tuas Port’s phase 2 construction using modern tech</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Singapore has started the construction of Tuas Port&#8217;s second phase with the installation of the first concrete structure for the wharf, according to the </span><i><span style="font-weight: 400;">Straits Times. </span></i></p>
<p>The Tuas Port will be Singapore&#8217;s first next-generation terminal owing to its physical and digital integration with<span style="font-weight: 400;"> the supply chain network. The first phase of </span><span style="font-weight: 400;">Maritime and Port Authority’s (MPA) window portal will be launched by the end of the year. </span></p>
<p><span style="font-weight: 400;">Last year, the MPA awarded the Tuas Terminal Phase 2 reclamation project to Penta-Ocean Construction, Hyundai Engineering &amp; Construction, and Boskalis International. The contract is worth $1.46 billion. </span></p>
<p><span style="font-weight: 400;">When the Tuas port construction is completed it will have a capacity to handle up to 65 million TEUs each year. The phase 2 project’s team will adopt modern construction technology including an automated curing system and artificial intelligence to closely watch the construction site. </span></p>
<p><span style="font-weight: 400;">Senior Minister of State for Transport Dr Lam Pin Min said “MPA will be enhancing its seaward capabilities by phasing in a fleet of next-generation patrol craft from February 2020 over the next three years.&#8221; </span><span style="font-weight: 400;">The Tuas Terminal will be developed in four phases over a span of 30 years. The phase 2 reclamation work is expected to be completed by 2027. </span></p>
<p><span style="font-weight: 400;">“The proximity of Tuas Terminal to the industrial hinterland and the shipyards forms a more integrated supply chain ecosystem. This could reduce logistics cost and create new opportunities for synergistic port-industry activities. The possibilities are immense,&#8221; he said.</span></p>
<p><span style="font-weight: 400;">The MPA also announced that the current fleet of patrol vessels will be replaced with seven next-generation patrol crafts. The first six crafts will be commissioned in February 2020, and the bigger patrol craft will be launched in the first quarter of 2021. </span></p>
<p>The post <a href="https://internationalfinance.com/ports-and-shipping/singapore-begins-tuas-ports-phase-2-construction-modern-tech/">Singapore begins Tuas Port’s phase 2 construction using modern tech</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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