Container throughput continued to rise by 2.5 percent month-on-month to 2.28 million TEUs last month in Singapore, although the slower rate of increase from the 5.6 percent rise the preceding month seems to suggest that the sector's recovery is reaching a plateau, the Shipping Times reported.
And this was moreover still a 13.8 percent fall from the 2.6 million boxes moved in August last year. Bunker sales were also slightly lower in August, falling to 3.06 million tonnes from 3.07 million tonnes the previous month, and down 2.8 per cent from 3.15 million tonnes in August last year.
PSA's August throughput of 2.22 million TEUs was higher than the previous month's 2.16 million TEUs. However this was still lower than the 2.55 million TEUs the year before. Year-to-date, throughput fell 17.2 per cent to 16.35 million TEUs in the first eight months of this year compared with the 19.75 million TEUs up to the same point last year.
At Jurong Port, throughput was flat at 59,000 TEUs, exactly the same as the month before. Year-on-year, throughput fell 33 percent from 88,000 TEUs the year before.
Cargonews Asia