NEWS & EVENTS ONLINE EXCLUSIVE

Singapore’s 2020 maritime performance is resilient despite the COVID-19 pandemic

Singapore, 18 January 2021 – The Port of Singapore stood resilient in 2020 despite the COVID-19 pandemic. Singapore’s container throughput in 2020 remained relatively stable with its total value standing at 36.9 million twenty-foot equivalent units (TEUs) as the port remained open during the pandemic.

Chee Hong Tat, Senior Minister of State for Foreign Affairs and Transport, announced the 2020 performance of the Port of Singapore at the Singapore Maritime Foundation New Year Conversations, stating that the container throughput in Singapore in 2020 showed a slight decrease of 0.9 per cent from 37.2 million TEUs registered in 2019. The Port of Singapore handled a total of 590.3 million tonnes of cargo in 2020, with the vessel arrival tonnage totalling 2.9 billion gross tonnage (GT).

In terms of bunker sales, Singapore remains the world’s top bunkering port with sales amounting to 49.8 million tonnes, an increase of 5.0 per cent year-on-year. Meanwhile, the Singapore Registry of Ships, which marks its 55th year in 2021, continues to rank amongst the top ship registries in the world, reflecting Singapore’s reputation as a quality flag of choice for international ship owners. The total tonnage of ships under the Singapore flag stood at 95.0 million GT as at end of 2020.

– Construction+ Online

Source: MPA