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ruben.maritime

The first web2.0 spanish blog about Maritime Affairs. El primer blog web2.0 español sobre el sector marítimo.

Singapore powers ahead

SINGAPORE 11 January – Singapore’s maritime sector continued to power ahead with container volumes, bunker sales and the ship registry maintaining the momentum of recent years. PSA's terminals and Jurong port in the west of the island together handled 24.8M teu in 2006, nearly 7% more than in 2005, transport minister Raymond Lim disclosed yesterday. Separately PSA announced today that its Singapore terminals had handled 23.9M teu in 2006, a growth of 7.6% over the 2005 throughput. The numbers place Singapore well ahead of Hong Kong, stamping its status as the world’s biggest container port in terms of volumes handled. Fairplay understands that Hong Kong, which conceded top place to Singapore in 2005, handled 23.4M teu in 2006. Bunker sales rose by 11% to 28.4M tonnes while the ship registry grew 5.6% to 34.8Mgt. Citing Singapore’s progress as a base for shipping in Asia, Lim noted that the UNCTAD report for 2006 placed Singapore as the “10th most important maritime nation” in terms of vessel tonnage controlled. The government will continue to support shipping, the minister affirmed.

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