6.9 C
Monday, January 17, 2022

New CN mobile APP Available Now

New CN mobile APP Available Now

Home News PSA breaks container record with more than 90 million TEU in 2021

PSA breaks container record with more than 90 million TEU in 2021

PSA International has achieved a record in its container throughput performance in 2021, handling 91.5 million TEU at its terminals around the world.

The global port operator saw increased traffic of 5.6% over 2020 in its ports and terminals, with flagship PSA Singapore contributing a record of 37.2 million TEU, which translates to a year-on-year rise of 1.6%.

Tan Chong Meng, Group CEO of PSA, thanked the worldwide staff of PSA for delivering this strong performance, as well as its customers, partners and stakeholders "for their continued support and endorsement."

He also issued that despite the multiple hurdles posed by the global pandemic, PSA contributed to keeping supply chains safe and open for its customers, partners and stakeholders worldwide.

Referring to 2022, PSA's boss estimated that supply chain issues will remain but he also noted that there are opportunities in the crisis. "Our continued relevance will depend on our ability to seize them," he pointed out.

"PSA will continue to seek win-win partnerships and innovate beyond port operations to provide more efficient and resilient cargo solutions that benefit the greater supply chain ecosystem and catalyse the shift towards sustainable trade," concluded Meng.

Latest Posts

COSCO offers “special train” service to its compatriot Hisense Group

COSCO Shipping Group has announced that a special train for Hisense Home Appliances fully loaded with Hisense electrical products departed from Jimo Port Station...

Box volumes boost at Port Saint John in 2021

Port Saint John in Canada has reported a 10% increase in its annual container volumes with 86,949 TEU moved through the port in 2021. This...

Port of Felixstowe reports record container cargo handling

Hutchison Ports-operated Port of Felixstowe has handled the largest number of containers ever on a single ship in Europe, when the UK port's dockers...

CN Photo Project: The Picture of the Week

Container News wants to thank you all for your participation in the CN Photo Project. Among all the very beautiful photos we have received, the Container News team has...

Project44 reports slight relief in port congestion during December

The visibility platform company for the global supply chain, Project44 has conducted an investigation, indicating that dwell times for most ports have changed a...