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SINGAPORE: Port operator PSA International moved a record number of containers in 2006.
Globally, PSA's container throughput grew almost 19 percent to over 51 million twenty-foot equivalent units, or TEUs, the industry's standard measure for containers.
At its Singapore Terminals, PSA handled 7.6 percent more containers at almost 24 million TEUs, while its overseas terminals grew about 30 percent last year to over 27 million TEUs.
PSA attributed the growth to increasing trade demand around the world.
The company said it was expanding the handling capacities at many of its terminals to cope with demand, including PSA Singapore Terminals and PSA HNN Terminals in Antwerp.
Mr Eddie Teh, Group CEO, PSA International, said, "2006 was a good year for world trade flows and we are happy to report increased volumes in our port projects globally.
"We would like to thank our shipping line customers for their continued support and patronage and at the same time accord recognition to our staff around the world, who continue to uphold PSA's brand of best-in-class service with their unrelenting commitment to excellence and their dedication to our customers. We look forward to growing our leadership position in 2007." - CNA /dt
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