PSA Singapore breaks its annual handling record, surpasses 40m TEU containers for the first time

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SINGAPORE: PSA Singapore had a record-breaking 2024, with the company handling more than 40 million twenty-foot equivalent unit (TEU) containers for the first time, it said on Friday (Dec 27) This figure breaks the company's previous record of 38.8 million TEUs in 2023.

In its news release on Friday, PSA said the milestone highlights "the company’s continued growth and operational excellence".

TEU is a unit of measurement used to determine cargo capacity for container ships and terminals.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Port Operations 2023 International Capacity Company Cargo Teus Million Continue Global

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 16:03:00 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 325 words

Reading Time: 2 minutes read

Sentences: 15 lines

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Copyright Owner: © Channel News Asia

News ID: 24689922

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