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PSA Singapore's Tuas Port Hits 25 Million TEUs Milestone

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PSA Singapore's Tuas Port has handled 25 million twenty-foot equivalent units (TEUs) since it began operations in September 2022, according to a Thursday filing to the Singapore stock exchange.

TEU is a standard unit of measurement used in the shipping and logistics industry to describe the cargo capacity of container ships, trains, trucks and terminals. One TEU represents the volume of a standard 20-foot-long shipping container.

The facility currently operates 14 berths and remains on schedule to expand to 18 by 2027, the company said.

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