Cargo throughput of Port of Singapore rose by 10% in January 2017

Port of SingaporeThe cargo throughput of the Port of Singapore rose by 10% yoy in January 2017, amounting to 50.54 million tons. During the reported period the general cargo handled in the port decreased by 0.9% yoy to 28.83 million tons, including containerized cargo of 27.1 million tons (+0.7% yoy) and other cargo 1.73 million tons (-20% yoy). The biggest contribution to the container throughput of Port of Singapore was the liquid cargo turnover, which rose by 28.9% yoy to 21.7 million tons, including the handling of oil and oil products of 20.14 million tons (+31% yoy) and other liquid bulk cargo of 1.57 million tons (+7.1%). The container throughput of the port increased by 5.4% yoy in January 2017 to 2.62 million TEU.

The general dry bulk cargo within the total throughput of Port of Singapore is 57%, while the liquid cargo share is 43%.

For the month of January, bunker sales volume exceeded 4.4 million tonnes, an increase of almost 300,000 tonnes over last year. The sales of low sulphur marine gas oil rose to 117,800 tonnes, up from 84,500 tonnes for January 2016.

Port of Singapore is one of the four largest ports in the world after Hong Kong, Rotterdam and Shanghai. It serves 250 regular lines and daily receives about 150 ships. The total area exceeds 600 hectares. The port set port crane 172 and is located more than fifty container berths. In 2016, container ports was 30.9 million TEU, while the cargo turnover amounted to 593.3 million tons.