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Singapore Container Throughput Jumped 9.9 Percent

1/10/2011 9:26:05 AM

The volume of containers handled by the port of Singapore increased 9.9 percent in 2010 to 28.4 million 20-foot equivalent units from 25.9 million in 2009, according to preliminary estimates released by the Maritime and Port Authority of Singapore.

 

The port, which ranked as the world's biggest container port in 2009, also registered strong results in other maritime sectors, including the tonnage of vessel arrivals and bunker sales, reversing the declines it experienced in 2009.

 

Vessel arrivals in terms of shipping tonnage reached 1.92 billion gross tons in 2010, an increase of 7.5 percent from the 1.78 billion gross tons achieved in 2009. Container ships and tankers were the top contributors, accounting for 32 percent and 29.7 percent of the total vessel arrival tonnage, respectively.

 

The tonnage of container cargo throughput increased 6.4 per cent to 502.5 million metric tons from 472.3 million metric tons in the previous year.

 

The total volume of bunker fuel sold in the port of Singapore grew 12.3 percent to reach a record 40.9 million metric tons, compared to 36.4 million metric tons in 2009. This is the first time that bunker sales crossed the 40 million metric tons mark.

 

The Journal of Commerce Online

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