Monday, 1 July 2013

Sime bags RM80m contracts from Singapore PSA

Sime Darby Industrial has been awarded contracts worth RM80m by PSA Singapore Terminals, the world's largest container transhipment hub. The contracts will see Terberg Tractors Malaysia Sdn Bhd, a joint venture between Sime Darby and The Netherlands-based Terberg Group supplying a total of 299 units Terberg terminal tractors with options for another 330 units. In a statement, its managing director Chong Kwea Seng said Terberg terminal tractors are renowned for being reliable and efficient, which are two imperative qualities in port operations.

"The award of these contracts is very significant to us, as PSA's requirements are the benchmark of the world's port industry. This signifies the standards and quality of the products that they use for their operations," he said. The first delivery to PSA will comprise 49 Terberg terminal tractors starting from May 2013 with the remaining units to be delivered by February 2014. (Bernama)

Source: CIMB Daybreak - 01 July 2013

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