Sunday, June 29, 2025
Home Port News PSA achieves historic milestone, surpassing 100 million TEUs in a year

PSA achieves historic milestone, surpassing 100 million TEUs in a year

PSA International has achieved a new annual container handling record of 100.2 million TEUs across its global terminals. This Group achievement includes a historic milestone as PSA surpassed 100 million TEUs handled in a single year for the first time.

PSA’s flagship terminal in Singapore reported a record throughput of 40.9 million TEUs, representing a 5.5% growth, while PSA terminals outside Singapore contributed 59.2 million TEUs, translating to a 5.7% increase. Overall, PSA Group volumes increased by 5.6%, compared to the previous year.

Peter Voser, Group Chairman of PSA, said, “2024 has been a year of measured recovery for the global economy, shaped by ongoing geopolitical conflicts, trade tensions, national elections, fiscal pressures and fluctuating interest rates. Despite the challenges, we are proud to have achieved this important throughput milestone for the Group. Looking ahead, we anticipate further economic uncertainty. However, with the dedication of our team and the steadfast support of our customers, partners and associates, we are confident in our ability to navigate the headwinds that may come our way.”





Latest Posts

C.H. Robinson offers technology execution capabilities for Item-Level Solutions

C.H. Robinson is expanding access to its industry-leading Item-Level Solutions, making them available to its entire global customer base. These solutions offer unprecedented end-to-end visibility...

UWL announces vessel partnership with Emirates Shipping Line

UWL, a leading American-owned NVOCC (Non-Vessel Operating Common Carrier) and global logistics provider, welcomes Emirates Shipping Line as the new vessel partner for its...

Sea-Intelligence: Port Power Rankings

 Sea-Intelligence analyses port performance in terms of schedule reliability, across the 202 deep-sea ports with the largest number of container vessel calls, by creating...

Suez slowdown reshapes Red Sea’s port map

The macro picture of the Red Sea is worsen as canal transits are at half-mast, and the region has relinquished its role as the...

We asked AI: When containers become pools

We asked AI what a container might look like if it was trasformed into a pool. The result? Long steel containers, many of them stacked,...
error: Content is protected !!