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WITH a definitive increase on the previous year, Singapore’s port operator PSA has recorded container throughput of 91.5 million TEU at its 50 locations globally from January-December 2021.

The group’s volume increased by 5.6% over 2020, with flagship PSA Singapore contributing a record 37.2 million TEUs (+1.6%) and PSA terminals outside Singapore handling 54.3 million TEUs (+8.4%).

Tan Chong Meng, Group CEO of PSA, said, “The world in 2021 continued on its roller-coaster ride with widespread supply chain disruptions and congestions coupled with sustained recovery in global trade and demand.

“Despite the multiple hurdles posed by the global pandemic, PSA contributed to keeping supply chains safe and open for our customers, partners and stakeholders worldwide.”

Mr Meng acknowledged appreciation of the company’s staff group-wide, unions and management for delivering a strong performance and “aptly demonstrating their agility and tenacity as a team”.

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“I would also like to thank our customers, partners and stakeholders for their continued support and endorsement as we work on building greater resilience and sustainability in the global supply chain,” Mr Meng said.

“Over the past two years, we have ridden the waves of the COVID-19 crisis to inculcate in our people greater agility and alignment towards the need for change.

“Looking ahead in 2022, supply chain issues are expected to remain but there are also opportunities in the crisis — our continued relevance will depend on our ability to seize them.”

Mr Meng said the company will continue to seek win-win partnerships and innovate beyond port operations and contribute to more sustainable supply chains.

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