PSA attributes the achievement to its steadfast commitment in ensuring a resilient, efficient, and sustainable cargo flow.

PSA Singapore (PSA) has reached a significant milestone, handling over 40 million twenty-foot equivalent units (TEUs) in 2024 as at Dec 24, surpassing the previous record of 38.8 million TEUs set in 2023.

As the world’s largest transshipment hub, PSA continues to connect Singapore’s economy to the global marketplace, ensuring a resilient and sustainable cargo flow. 

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

“We remain dedicated to integrating advanced technology with our operational expertise, while  working to reinforce our role as a reliable global port operator and a trusted partner for cargo  stakeholders,” continues Ong.

Nelson Quek, regional CEO Southeast Asia of PSA International, notes that 2024 has been an eventful year for the industry, adding that the achievement cements PSA Singapore’s position as the world’s transshipment hub of choice. 

He concludes: “As the global maritime landscape evolves, PSA will continue to work closely with  public and private sector partners to deliver new capacity and capabilities that strengthen Singapore’s standing as a critical node in global trade, and as a leading international maritime hub of choice.”