PSA Extends Global Lead With Record 105m TEU in 2025
Singapore operator widens its lead over global rivals as flagship terminal posts record volumes and Tuas Port transformation accelerates
PSA International has cemented its position as the world’s largest terminal operator, handling 105m teu across its global network in 2025 — a 5% increase that builds on the milestone achieved a year earlier when it first crossed the 100m teu threshold.
The result underscores the Singapore operator’s growing dominance. Lloyd’s List data shows PSA maintained a healthy lead over second-placed China Merchants Ports across 2024, with 7.3% growth in attributable volumes positioning the group to become the first operator to eclipse 70m teu on an equity-adjusted basis.
PSA’s flagship Singapore terminal drove the headline gains, handling a record 44.5m teu — an increase of more than 8% year-on-year that far outpaced the group’s overseas portfolio. Terminals outside Singapore contributed 60.4m teu, up 2%, reflecting the continuing importance of the city-state as PSA’s primary hub.
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