PSA International Smashes Records with 105 Million TEUs in 2025

The global port operator posted its strongest-ever annual throughput, with Singapore terminals leading a 5% year-on-year surge despite mounting geopolitical headwinds.

PSA International Pte Ltd closed out 2025 with a landmark performance, handling 105 million Twenty-foot Equivalent Units (TEUs) — a 5% increase on the year prior and the company’s highest-ever annual throughput.

The result, announced Monday, was driven by strong growth across both its home port and international network. PSA Singapore recorded throughput of 44.5 million TEUs, up 8.7% from 2024, while its terminals outside Singapore collectively moved 60.4 million TEUs — a 2.0% rise.

The bumper volume translated into broad financial gains. Group revenue climbed 7% to SGD 8.3 billion, while operating profit surged 19%, buoyed by the higher port activity. Net profit, however, grew a more modest 0.5% to SGD 1.1 billion, weighed down by elevated tax expenses and a non-cash impairment charge on intangible assets — a reflection of what the company described as a “weaker economic and industry outlook.”

PSA’s balance sheet remains solid. Its gross debt-to-equity ratio stood at 0.53 times at year-end, signalling financial headroom as the group eyes future expansion.

Navigating a Complex Trade Landscape

Group Chairman Peter Voser framed the results as a hard-won achievement in a turbulent environment. “Against a backdrop of global trade complexities shaped by heightened geopolitical sensitivities, emerging technologies and climate change,” Voser said, PSA still managed to set a new throughput record while posting positive revenue and profit growth.

Group CEO Ong Kim Pong echoed the sentiment, crediting the company’s operational resilience and its workforce. “This accomplishment reflects the shared commitment and enduring perseverance of our management, unions and staff,” he said, adding that PSA would continue its role as a “neutral terminal operator” in an increasingly fragmented world.

Eyes on 2026

Looking ahead, both leaders signalled a continued focus on building integrated, sustainable supply chains and deepening partnerships with customers worldwide. PSA’s stated ambition is to evolve beyond individual port nodes into an interconnected network of port ecosystems — a positioning that will be tested as global trade routes continue to shift.

With 105 million TEUs now in the books, the bar has been set — and all eyes will be on whether PSA can clear it again in the year ahead.