PSA Singapore surpasses record 40 million TEU throughput in 2024
Last week, PSA Singapore (PSA) reached a significant milestone, handling over 40 million TEUs in 2024. This new record surpasses PSA’s previous annual high of 38.8 million TEUs set in 2023, highlighting the company’s continued growth and operational excellence.
As the world’s largest transhipment hub, PSA reinforces its position as a vital gateway connecting Singapore’s economy to the global marketplace. This achievement is driven by a steadfast commitment to ensuring resilient, efficient and sustainable cargo flow. This underlines PSA’s crucial role as a key enabler of global trade and connectivity, as well as a trusted partner to its customers and stakeholders, highlighted a release.
Mr Ong Kim Pong, Group CEO, PSA International, said, “This record throughput for PSA’s flagship terminal in Singapore is a remarkable milestone and exemplifies our commitment to keep global trade flowing. Our success is founded on the trust and partnership we share with our management, staff, unions, customers and partners, for which I am profoundly grateful. Building on this positive momentum, we will strive to strengthen the synergies between our port operations and port-adjacent services, connecting our strategic nodes to create a more cohesive and integrated port ecosystem in line with PSA’s Node to Network strategy. We remain dedicated to integrating advanced technology with our operational expertise, while working to reinforce our role as a reliable global port operator and a trusted partner for cargo stakeholders”.
Source : Our Correspondent