SINGAPORE : PSA International has reported an increase in container throughput at its ports worldwide, despite the slowdown in global trade.
PSA handled 60.06 million Twenty-foot Equivalent Units (TEUs) of containers last year, a rise of 5.2 per cent from 2011.
Throughput at PSA's flagship Singapore terminals rose 6.4 per cent to 31.26 million TEUs.
Activity at its terminals elsewhere rose 3.9 per cent to 28.80 million TEUs.
Tan Chong Meng, Group CEO of PSA International, said: "2012 was another challenging year for shipping and port industries as global trade growth continued to be weak, undermined by volatile market conditions, including the ongoing sovereign debt crisis in Europe, sluggish recovery of the American economy, turmoil in the Middle East and the slowdown of economic growth in China.
"The PSA Group has pulled together well to weather the year with resilience."
PSA said it plans to continue to invest in new port projects and upgrade its current facilities.
- CNA/ms
PSA International sees 5.2% increase in container throughput in 2012
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PSA International sees 5.2% increase in container throughput in 2012
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PSA International sees 5.2% increase in container throughput in 2012
