PSA container throughput increases by 5.2% in 2019

PSA International handled 85.2 million Twenty-foot Equivalent Units of containers at its port projects around the world for the year ending 31 December 2019

A worker walks past stacks of containers at the PSA International's Pasir Panjang terminal in Singapore

Singapore - PSA International handled 85.2 million Twenty-foot Equivalent Units (TEUs) of
containers at its port projects around the world for the year ending 31 December 2019. The
Group’s volume increased by 5.2% over 2018, with flagship PSA Singapore contributing 36.9
million TEUs (+1.6%) and PSA terminals outside Singapore handling 48.3 million TEUs (+8.1%).
 
“2019 was a year where the PSA Group expanded our horizons, against a backdrop of trade wars, climate action and varying technological impacts on business and society," said Mr Tan Chong Meng, Group CEO of PSA. "By welcoming new terminals like DCT Gdansk, PSA Halifax and Penn Terminals into our fold, we have broadened our reach and ability to offer greater connectivity to new economies in the Baltics and North America. Beyond our traditional port domain, we also redoubled our efforts to develop more transport options for cargo owners and movers through our new PSA Cargo Solutions arm". 
 
 
 
“As we begin a new decade in 2020, PSA will continue to build on our global network of ports while
harnessing technologies to improve our productivity to serve our customers better. Our vision is to
empower supply chain stakeholders with the ability to move their goods with greater intelligence
and agility through the Internet of Logistics, and to work alongside our partners to enable greater
sustainability for the whole supply chain.”
 
PSA is a leading global port group and a trusted partner to cargo stakeholders around the world. With flagship operations in Singapore and Antwerp, PSA’s portfolio comprises a network of over 50 coastal, rail and inland terminals in 19 countries. 
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