PSA International has reported a modest year-on-year increase in annual container volumes which were up 2% to 64.1mteu.
But the Singapore-based terminal operator saw mixed fortunes in its two main markets with growth overseas, but contraction at home.
The company said domestic volumes were 30.6mteu, which marked an 8.7% decline on 2014. International volumes grew 5% to 33.5mteu.
“2015 was generally a tough year with weak trade growth reflecting unsteady global economic conditions,” said PSA group chief executive Tan Chong Meng.
“As
