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Home Port Accidents News

PSA Singapore hits 40 Million TEUs in 2024

December 30, 2024
in Port Accidents News, Port Congestion News, Port Infrastructure News, Port Strike News
PSA Singapore hits 40 Million TEUs in 2024
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On 24 December, PSA Singapore (PSA) achieved a remarkable milestone by handling over 40 million TEUs in 2024.

This record-breaking performance surpasses the previous annual high of 38.8 million TEUs achieved in 2023, reflecting PSA’s consistent growth and operational excellence.

Ong Kim Pong, Group CEO, of PSA International, mentioned, “This record throughput for PSA’s flagship terminal in Singapore is a remarkable milestone and exemplifies our commitment to keep global trade flowing. 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.”

As the world’s largest transshipment hub, PSA continues to strengthen its role as a critical gateway linking Singapore’s economy to global markets.

Nelson Quek, Regional CEO of Southeast Asia, PSA International, stated, “In what has been an eventful year for the industry, this achievement cements PSA Singapore’s position as the world’s transshipment hub of choice.”

On 24 December, PSA Singapore (PSA) achieved a remarkable milestone by handling over 40 million TEUs in 2024.

This record-breaking performance surpasses the previous annual high of 38.8 million TEUs achieved in 2023, reflecting PSA’s consistent growth and operational excellence.

Ong Kim Pong, Group CEO, of PSA International, mentioned, “This record throughput for PSA’s flagship terminal in Singapore is a remarkable milestone and exemplifies our commitment to keep global trade flowing. 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.”

As the world’s largest transshipment hub, PSA continues to strengthen its role as a critical gateway linking Singapore’s economy to global markets.

Nelson Quek, Regional CEO of Southeast Asia, PSA International, stated, “In what has been an eventful year for the industry, this achievement cements PSA Singapore’s position as the world’s transshipment hub of choice.”

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