Strong performance outside Singapore pushes PSA volumes up 6%

PSA International handled 91.5m teu across its terminal portfolio last year, representing a 6% rise in throughput, largely due to the performance of its facilities outside Singapore.

The company’s flagship hub handled 37.2m teu, which equates to a 2% rise, while its terminals outside Singapore handled 54.3m teu, with volumes up 8%.

Tan Chong Meng, group CEO of PSA, said: “The world in 2021 continued on its roller-coaster ride with widespread supply chain disruptions and congestions coupled with sustained recovery in global trade and demand.