SINGAPORE: PSA Singapore handled over 40 million Twenty-foot Equivalent Units ( TEUs ) on Tuesday ( Dec 24 ), surpassing its 2023 container volume.
This number breaks the company’s past document set in 2023 of 38.8 million TEUs.
The cargo capacity of container ships and stations is determined by the TEU unit of measurement.
In its reports launch on Friday, PSA said the milestone shows” the company’s continuing development and operational quality”.
PSA added its success is driven by a” unwavering determination to ensuring resilient, useful, and green cargo flow”.  ,
” This underlines PSA’s important role as a key facilitator of global commerce and connection, as well as a trusted spouse to its clients and participants”, the company said.
Shanghai is the biggest pot port in the world, according to the World Shipping Council.
In 2023, the Port of Shanghai handled 49.16 million Appearances, and PSA came in second.
Ong Kim Pong, the CEO of PSA International party, stated that the business will” enhance the synergies between our port operations and port-adjacent service.”
” We continue to work to strengthen our position as a trustworthy global slot operator and a trusted partner for cargo stakeholders by integrating sophisticated technology with our administrative expertise,” said Mr. Ong.
Nelson Quek, PSA International’s local CEO for Southeast Asia, stated that the business will continue to collaborate with public and private sector companions to develop new skills and capabilities that enhance” Singapore’s position as a pivotal network in global trade.”
He also expressed his gratitude to the unions and PSA employees, “whose persistence and collaboration made this accomplishment possible.”