Port of Singapore container volume increases in May

Total container throughput at the Port of Singapore rose for the first time since the start of 2016 in May against the corresponding period in 2015.

Preliminary estimates released by the Maritime and Port Authority of Singapore show the port handled over 2.665 million TEUs (twenty-foot equivalent units) of containerised cargoes in May, up from 2.622 million TEUs a year ago.

May’s container throughput was also an increase from April’s recorded volume of 2.528 million TEUs.

Total cargo throughput at the Singapore port also experienced in May a year-on-year increase to over 52.257 million tonnes, up from 48.534 million tonnes last year.
Source: BusinessTimes