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Singapore box volumes up 18% in February

3/17/2010 10:41:44 AM

The number of containers handled at Singapore ports shot up 18 per cent last month from the same month a year earlier - the fourth straight monthly year-on-year rise as trade continues to improve.

 

A total of 2.18 million standard-sized boxes were moved, up from 1.85 million in February last year, reported the Strait Times.

 

The numbers, from the Maritime and Port Authority of Singapore (MPA), were boosted by a low base last year, when global trade was battered by the recession.

 

However, in month-on-month terms, the February number fell 6.4 per cent from 2.33 million boxes, reversing January's two per cent rise from last December.

 

Major port operator PSA International handled 2.11 million boxes last month, down from 2.26 million boxes in January.

Jurong Port moved 74,400 boxes, up from 72,000 boxes the month before.

 

Cargonews Asia

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