Singapore keeps place as world's busiest container
port
SINGAPORE : Singapore has continued to outpace Hong Kong this year
in terms of container shipment.
It overtook Hong Kong as the world's busiest container port in the
first quarter of this year and has continued to keep pace.
In Parliament on Monday, the Transport Ministry said Singapore
handled more than 17 million TEUs of containers in the first nine
months of this year.
Container throughput grew 9.8 percent compared to the same period
last year, outperforming the 2.1 percent jump in Hong Kong and the
4.2 percent growth in Malaysia's Port Klang.
The ministry says the growth also compares favourably with the Port
of Tanjung Pelepas, which posted a 3.4 percent growth for the first
half of this year.
Said Minister of State for Transport Lim Hwee Hua, "Nevertheless,
competition remains keen, with regional neighbours competing hard
to increase their share of the container transshipment business.
PSA and Jurong Port will continue to upgrade their facilities and
improve their efficiency and cost structure to meet the needs of
their customers. We are therefore confident that we will remain the
port of choice in the region." - CNA /ct
