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SINGAPORE - PORT operator PSA International said on Tuesday that its Singapore terminals moved 13.1 per cent more containers in the first ten months of 2007 than in the same period a year ago. The firm, which operates ports in Singapore and abroad, said in a statement on its website, www.singaporepsa.com, that it handled 22.44 million twenty-foot equivalent units (TEUs), a standard industry measure, in the period, compared with 19.85 million TEUs in the same period last year. Singapore is struggling to keep its lead as the busiest port in the world, even as third-ranked Shanghai is widely tipped to leapfrog over second-place Hong Kong this year with an expected 25.5 million TEUs handled for the whole of 2007. PSA also runs ports in Belgium, China, Hong Kong, India, Italy, Japan, the Netherlands, Panama, Pakistan, Portugal, South Korea, Thailand, Turkey, and Vietnam, and is in the running for Sri Lanka's Colombo South Harbour terminal project. It stopped disclosing throughput figures for its foreign business with effect from July 2006. -- REUTERS
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