The Business Times
SUBSCRIBERS

PSA Int'l 2013 container throughput up 2.9%

Published Wed, Jan 8, 2014 · 10:00 PM

[SINGAPORE] PSA International handled 2.9 per cent more cargo at its port projects around the world in 2013.

The company said yesterday that it handled 61.8 million Twenty-foot Equivalent Units (TEUs) of containers, with the PSA Singapore Terminals contributing 32.2 million TEUs and those outside Singapore handling the remaining 29.6 million.

After adjusting for port portfolio changes, PSA's like-for-like volume growth over 2012 comes up to 4.6 per cent, with stronger performance from the overseas terminals, PSA said in a statement. Describing last year as an "exciting and challenging" one, PSA group CEO Tan Chong Meng noted that the group had invested in upgrading its facilities and equipment, as well as handling larger mega-ships.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here