News / Steady industry growth and surge in digitalisation a recipe for success at PSA

Port of Singapore. Photo: Steve Lovegrove | Dreamstime.com

Singapore box terminal operator PSA handled 81m teu last year across its global network, growth of 9.1%, with international volumes increasingly dominating its throughput profile.

Its flagship Singapore terminals saw growth of 8.9%, to reach 36.3m teu, while its international facilities handled 44.69m teu, an increase of 9.3%.

Group chief executive Tan Chong Meng said, “2018 was a dual-speed year. The slow but steady pace of global container trade growth continued, despite geo-political shifts and rising trade barriers.

“At the same time, there ...