Singapore International Ports Group Container Throughput Up 9.8% in 2017
- Author:James
- Source:Hong Kong shipping
- Release Date:2018-01-19
Port operator Singapore International Ports Corporation (PSA) recently announced that the Group completed container throughput of 74.42 million TEU in FY17, up by 9.8% over the same period of last year.
Among them, the Group's Singapore terminal completed a total of 33.35 million TEU container throughput, an increase of 9% over the same period of last year, while terminals outside Singapore completed a total of 40.89 million TEU, an increase of 10.4%.
Tan Chong Meng, Chief Executive of PSA Group, said: "While the shipping industry continued to face challenges in 2017, including the wave of consolidation in 2016 and several shipping alliances began to fully demonstrate its operational results, the global economy continued to recover last year. Parts of the Growth is even more remarkable. "
In addition to Asia, PSA also operates terminals in Belgium, Italy, Portugal, Turkey, Argentina, Panama and Colombia.
Among them, the Group's Singapore terminal completed a total of 33.35 million TEU container throughput, an increase of 9% over the same period of last year, while terminals outside Singapore completed a total of 40.89 million TEU, an increase of 10.4%.
Tan Chong Meng, Chief Executive of PSA Group, said: "While the shipping industry continued to face challenges in 2017, including the wave of consolidation in 2016 and several shipping alliances began to fully demonstrate its operational results, the global economy continued to recover last year. Parts of the Growth is even more remarkable. "
In addition to Asia, PSA also operates terminals in Belgium, Italy, Portugal, Turkey, Argentina, Panama and Colombia.