Portnet.com, a subsidiary of PSA Corporation Limited, was formed in 2000 with the aim of helping the port and shipping communities to increase productivity and save costs through the greater use of information technology and the Internet.

PSA is the world's largest transhipment hub with an excellent track record in the port operations business. Its close working ties with the global ocean logistics business, robust and scalable infrastructure, and strong customer base mean that it is well primed for growth.

PSA prides itself on its ability to adapt quickly changing industry needs. Its constant technological innovation has consistently positioned it at the forefront of e-business operations in the maritime and shipping industry. This puts PSA in a unique position to develop technology-based operational solutions for its customers in the port and shipping community.

PSA's flagship product - PORTNET - is the world's first nation-wide business to business (B2B) port community solution and a winning entry in National Infocomm Awards (2006). It has since proven crucial in improving PSA's overall integration and efficiency, by providing the logistics industry with a single sign-on network portal. In doing so, PSA has connected shipping lines, hauliers, freight forwarders and government agencies, helping them to manage information better and synchronise their complex operational processes.

PORTNET's over 9,000 integrated users and more than 200 million transactions a year rely on the system's unparalleled capability to provide them with real-time, detailed information on all port, shipping, and logistics processes crucial to their businesses. As a key contributor towards Singapore becoming the World's Number 1 logistics hub (World Bank 2007), PORTNET's 100% industry participation rate further magnifies its reach and impact.

From the movement and tracking of cargo to integration of both land and sea transport links, PORTNET simplifies and synchronises millions of processes for customers both locally and globally. This has resulted in projected cost savings and improved asset utilisation overall. More efficient processes have enabled PSA to handle a 25% increase in container volume on a year-on-year basis, and PSA continues to be the Number 1 Transhipment Hub in the world.