20 Jan 2025

Psa's global throughput exceeded 100 million TEUs last year

Psa's global throughput exceeded 100 million TEUs last year

 

In 2024, PSA International's container handling capacity in port terminals around the world reached a new high of 100.2 million TEUs, marking the first time PSA International's annual container handling has exceeded the historic milestone of 100 million TEUs.

 

Psa's flagship terminal in Singapore also handled a record 40.9m TEus last year, up 5.5 per cent from a year earlier. Psa's terminal throughput outside Singapore was 59.2 million TEUs, up 5.7 per cent year-on-year. In total, PSA's container throughput increased by 5.6% year-on-year in 2024.

 

In 2024, ships arriving at the Port of Singapore set another record of 3.31 billion gross tons, an increase of 0.6%. The Port of Singapore also remains the world's largest container transshipment hub, with container throughput exceeding 40 million TEUs to 41.12 million last year, up 5.4 per cent from 2023. At the same time, the freight volume once again exceeded 600 million tons, returning to the pre-epidemic level.

 

Psa President Wang Jinbang said that the group's extraordinary achievement of handling more than 100 million TEUs a year is mainly due to the group's resilience, innovation and teamwork spirit. Looking ahead, he said the group will push ahead with its "Node to Network" strategy to strengthen its presence in key markets while improving connectivity.

 

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