2021 was undoubtedly a challenging year in many aspects as economies and communities continued to battle with the repercussions of COVID-19. In the second half of last year, pandemic-induced increase in demand for goods threw a wrench into global supply chains while companies grappled with retaining their workforce.<\/p>\n
Despite the odds, PSA proved its mettle and delivered a record performance for the year, thanks to the tenacity and resilience of our team and the strong relationships with our customers, partners and stakeholders. We registered a record throughput of 91.5 million Twenty-foot Equivalent Units (TEUs) in 2021, an increase of 5.6% over 2020. Overall group revenue and net profit were S$4.7 billion and S$1.4 billion respectively.<\/p>\n
Our Commitment To Excellence<\/strong> Globally, our other terminals continued to receive positive commendations as well. Over in India, PSA Mumbai was named \u201cUpcoming Terminal of the Year\u201d at the annual India Maritime Awards, while PSA Ameya was awarded \u201cBest Container Freight Station Operator (Pan India)\u201d.<\/p>\n Mersin International Port in Turkey also won the \u201cPort Operator of the Year Award\u201d for the eleventh consecutive year at the 2021 Turkey Atlas Logistics Awards. DCT Gda\u0144sk received a “Port of the Future” award at the World of Freight Expo 2021.<\/p>\n PSA remains committed to investing in and operating world-class terminal facilities. The first two berths at PSA Singapore\u2019s Tuas mega port project started operations at the end of 2021 \u2013 a significant milestone reaffirming Singapore\u2019s status as a global hub port with world-class technologies. We also continue to expand our operations and facilities in Poland, Turkey and Saudi Arabia.<\/p>\n PSA has been actively collaborating with its customers and partners to offer logistics and supply chain solutions beyond the port. To that end, we have continued to purposefully build up our digital and cargo solutions capabilities to benefit cargo owners and customers across the supply chain, while also championing cross-industry partnerships to spur collective action towards sustainability.<\/p>\n PSA\u2019s acquisition of BDP International \u2013 a leading provider of global integrated supply chain, transportation and logistics solutions \u2013 will see the PSA Group benefitting from BDP\u2019s global expertise in end-to-end supply chain services. For shippers and importers who are confronted with a volatile market and increasingly complex global logistics requirements, this will create opportunities for customised and sustainable solutions that will help them optimise the international supply chain process.<\/p>\n","protected":false},"excerpt":{"rendered":" 2021 was undoubtedly a challenging year in many aspects as economies and communities continued to battle with the repercussions of COVID-19. In the second half of last year, pandemic-induced increase in demand for goods threw a wrench into global supply chains while companies grappled with retaining their workforce. Despite the odds, PSA proved its mettle […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/chairman.php","meta":{"inline_featured_image":false,"_mi_skip_tracking":false,"footnotes":""},"class_list":["post-67","page","type-page","status-publish","hentry"],"yoast_head":"\n
\nOur commitment to service excellence and sustainable operations has been recognised worldwide. PSA International was voted \u201cBest Global Container Terminal Operator\u201d for the 14th time at the 2021 Asian Freight, Logistics & Supply Chain Awards, and PSA Singapore was named \u201cBest Container Terminal \u2013 Asia (over 4 million TEUs)\u201d for the 31st time.<\/p>\n