Singapore has been named the Best Seaport in Asia for the 21st
time at the 23rd Asian Freight and Supply Chain Awards held in Hong
Kong.
The Republic edged out competitors such as the ports of Hong
Kong and Klang, Malaysia, which were also nominated in the
category.
The prestigious award was received by the Maritime and Port
Authority of Singapore.
In a statement, MPA said Singapore excelled because its port is
cost-competitive and container shipping-friendly.
It added that the maritime authorities also provides timely and
adequate investment in port infrastructure to meet future
demand.
In 2008, Singapore’s maritime and port sector hit new highs in
vessel arrival tonnage, container throughput, and bunkering
volumes.
Vessel arrivals reached 1.6 billion gross tons, an increase of
about 11 per cent over 2007.
Container traffic grew by about 7 per cent, and the total volume
of bunkers sold set a new record at 34.9 million tonnes.
--938Live