PSA suffers first ever full year box decline

For the first time in its history PSA International, a leading global container terminal operator, has reported full year negative box figures. Volumes slid across the company’s 28 terminals by 9.9% last year to 56.93m teu, while the flagship, PSA Singapore suffered a 13.1% decline to report full year figures of 25.14m teu, dashing hopes of crossing the 30m teu mark.