Singapore’s PSA says 2010 container volume up 14.4%

Singapore port operator PSA International said its container cargo volume rose by 14.4% in 2010 from a year earlier, as global trade recovered.

PSA said it handled 65.12 million twenty-foot equivalent units (TEUs) of containers at its ports globally, with 27.68 million TEUs of the total coming from its Singapore operation.

The company, controlled by Singapore state investor Temasek Holdings , participates in 28 port projects around the world with an annual capacity to handle 111 million TEUs. (Reuters)