Seatradeasia-online.com, 27 Mar 2009
Singapore: PSA Group saw volumes grew 7.3% in 2008 from a year earlier to reach 63.2m teu at its 28 port projects in 16 countries worldwide. Group ceo Eddie Teh dubbed it a 'Dr Jekkyl and Mr Hyde' year where strong growth up to July 2008 was rapidly eroded by the collapse in demand on major trade lanes in the last quarter of the year.
PSA’s flagship terminal in Singapore handled 29.0m teu in 2008, growing 7.0% year-on-year, helping Singapore maintain its premier position as the world’s busiest container port for the fourth consecutive year, whilst PSA’s terminals outside Singapore recorded a throughput of 34.2m teu in the same period, 7.7% higher than that in 2007. Overall the 63.2m teu total was a new Group high.
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