'''PSA International Pte. Ltd., formerly the Port of Singapore Authority''', is a global port operator and supply chain company. One of the largest port operators in the world, PSA's portfolio comprises over 70 deepsea, rail, and inland terminals. The operator is present in more than 180 locations in 45 countries, including flagship operations in Singapore and Belgium, and encompasses supply chain solutions, marine, and digital businesses.[2]
History
Under the 1912 Straits Settlements Port Ordinance, the Singapore Harbour Board was formed on 1 July 1913.[3] On 1 April 1964, the Port of Singapore Authority came into being under the 1963 Port of Singapore Authority Ordinance to replace the Singapore Harbour Board and several organisations that have been operating in the port.[4]
In the 1970s, PSA started building a container port in Singapore, and in 1972, handled their first container ship. A decade later, they reached the milestone of one-million-TEU of number of containers processed. They later reached the 5 million TEU mark by 1990, making Singapore the world's largest container port at the time. The company became a global operator after it first started its global expansion in 1966 through port interests in Dalian, China.[5]