PSA reveals container throughput performance for 2013

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PSA International Pte Ltd (PSA) handled 61.81 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects around the world for the year ending 31st December 2013.

The Group’s volume increased by 2.9% over 2012 with the flagship PSA Singapore Terminals contributing 32.24 million TEUs (+3.1%) and PSA terminals outside Singapore handling 29.57 million TEUs (+2.7%). Adjusting for port portfolio changes, the Group’s like-for-like volume growth over 2012 is 4.6%, with stronger performance from the overseas terminals.

Mr Tan Chong Meng, Group CEO of PSA, said: “2013 has been an exciting and challenging year for PSA. 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.

“We could not have done all these without the close cooperation and support from our customers and partners. We thank them and pledge that we will continue to provide them with the best-in-class services they have come to expect from PSA. I am also very thankful to our staff, unions and management of PSA for working closely together to strengthen operational processes and develop our people.

“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. We will continue to engage our customers and partners to grow our port network in the locations that matter to them and make PSA their preferred port of call.”