Port of Singapore closes 2019 with all time high 37.2 million TEU
Container throughput at the Port of Singapore hit an all-time high of 37.2 million TEU in 2019, the Maritime and Port Authority of Singapore (MPA) announced.
The box throughput in 2019 is 1.6 % higher than the 36.6 million TEU registered in 2018, and 31 % higher than the 28.4 million TEU in 2010.
MPA noted that the Lion City port had achieved “strong growth in the past decade” amid challenging economic conditions, reports The Business Times, Singapore.
The Port of Singapore handled a total of 626.2 million tonnes of cargo in 2019, down 0.6 % from 2018. Meanwhile, vessel arrival tonnage hit 2.85 billion gross tonnage (GT) in 2019, up 2.2 % from the previous year.
Singapore registered a bunker sale volume of 47.5 million tonnes in 2019, down 4.6 %. Nevertheless, MPA said the island state remains a key bunkering port.
Meanwhile, the total tonnage of ships under the Singapore flag reached 97.3 million GT in 2019. “The Singapore Registry of Ships continues to rank amongst the top ship registries in the world, reflecting Singapore’s reputation as a quality flag of choice for international ship owners,” MPA added.