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PSA terminals handle fewer container

PSA terminals handle fewer container
PSA International said its terminals handled 9.9 percent fewer containers in 2009 compared to the previous year, the first decline ever.

PSA International said its terminals handled 9.9 percent fewer containers in 2009 compared to the previous year, the first decline ever.

Singapore-based port operator PSA International said its terminals handled 9.9 percent fewer containers in 2009 compared to the previous year, the first decline ever, as the worldwide recession hit global trade and container shipping.

The company, which operates ports in Singapore and overseas, said in a statement Friday that it handled 56.93 million 20-foot container units in 2009.

PSA"s terminals in Singapore handled 25.14 million TEUs in 2009, down 13.1 percent from the year earlier, while its operations outside Singapore suffered a 7.1 percent decline in volume to 31.78 million TEUs.

"This first-ever decline in PSA's global container throughput was brought on by the sharp contraction in world trade last year," PSA said in a statement reported.

www.TurkishMaritime.com.tr

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