PSA GROUP CONTINUES TO POST GROWTH

PSA GROUP CONTINUES TO POST GROWTH    The PSA Group said it continues to register strong growth from its port operations in Singapore and its overseas terminals, as its combined terminals handled 2.1 million TEUs in April, up 338.6 percent.
   In April, PSA's Singapore container terminals handled 1.38 million TEUs, up 9 percent over April 2001. PSA credited the increase on strong volumes to and from China, Southeast Asia and South Asia, as well as higher local throughput due to Singapore's recovering export market.
   PSA's overseas container terminals handled 740,000 TEUs in April, a 182.1-percent jump over April 2001. The April 2002 totals included volumes from Hesse-Nord Natie for the first time.
   PSA also completed the acquisition of Belgium port operator HNN in April. HNN handled about 3.8 million TEUs in 2001.