HSHI received an order for eight quayside cranes from PSA Corp., which will be installed at Pasir Panjang Terminal in Singapore next year. The cranes were contracted as an option for eight quayside cranes ordered in December, 2004 and will have 60 ton hoisting capacity under spreader, 56m outreach and 40m lifting height above rail.

PSA is a global leader in the ports and terminals business with investments in 18 port projects in 11 countries - Singapore, Belgium, Brunei, China, India, Italy, Japan, Netherlands, Portugal, South Korea and Thailand. In 2004, PSA handled 33.11 m TEUs of containers at all its ports around the world, including 20.62 million TEUs in Singapore.