PSA International box volume increases 5pc globally in 2019 to 85m TEU
SINGAPORE'S PSA International handled 85
SINGAPORE'S PSA International handled 85.2 million TEU at its facilities around the world in 2019, up 5.2 per cent over 2018.
PSA Singapore contributed 36.9 million TEU of the total - 1.6 per cent more than the previous year - while PSA terminals outside Singapore handled 48.3 million TEU, an increase of 8.1 per cent.
Group chief executive Tan Chong Meng explained that last year's container liftings were against a backdrop of trade wars, climate action and varying technological impacts on business and society.
'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,' he noted.
'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.'
Looking ahead, Mr Tan said; '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.'