PSA container throughput jumps 2.3 percent

  • World’s largest terminal operator handled 61.81 million TEU in 2013

PSA International Pte Ltd (PSA), the word’s largest container terminal operator, moved as many as 61.81 million TEU at its global portfolio of terminals during the 2013 calendar year, up 2.9 percent over the previous year.

The rise in the Singaporean operator’s group volumes was matched by both the flagship PSA Singapore Terminals and PSA Terminals outside Singapore, which handled 32.24 million TEU (+3.1%) and 29.57 million TEU (2.7%) respectively.

Adjusting for port portfolio changes, the PSA’s like-for-like volume growth over 2012 was recorded at 4.6 percent, which the group attributed to a stronger performance at its terminals overseas.

Upon the release of the company’s throughput figures, PSA’s Group CEO Tan Chong Meng said that the year was both exciting and challenging.

“The Group invested in and upgraded our facilities and equipment, stretched ourselves to handle ever larger mega ships, and exceeded the exacting demands our customers have placed on us,” said Tan Chong Meng.

“For 2014, PSA will continue to upgrade our terminals globally, and make suitable investments in new growth markets and in our existing portfolio, as we have done last year.”

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