Singapore PSA sees 12% throughput rise in first quarter
Singapore port operator PSA International reported a 12 percent increase in throughput in the first three months of 2008 compared with a year earlier.
PSA handled handled 7.12 million TEUs, compared with 6.36 million TEUs in the same period last year.
PSA Singapore will spend US$1.48 billion to expand its port's capacity by 40 percent in five years to cope with higher anticipated volumes.
PSA handled handled 7.12 million TEUs, compared with 6.36 million TEUs in the same period last year.
PSA Singapore will spend US$1.48 billion to expand its port's capacity by 40 percent in five years to cope with higher anticipated volumes.