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PSA defies trade war and grows volumes in 2019

One of the world's largest port operators, PSA International, grew its business last year, when new terminals provided a boost.

Photo: Tim Chong / Reuters / Ritzau Scanpix/Reuters / X90043

Singapore's major terminal operator PSA International improved its business in 2019 despite the trade war between the US and China.

In total, the company handled 85.2 million teu last year, which is a 5.2 percent increase compared to 2018, PSA writes in a statement.

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