SINGAPORE'S maritime industry has posted a strong performance for 2024 so far and is on track to having a record year for container throughput and bunker sales, said Transport Minister Chee Hong Tat.
According to Maritime and Port Authority of Singapore data, container throughput at the Lion City's ports for the first 10 months of the year grew 6.2 per cent compared with the same period in 2023, to 34.2 TEU, according to Singapore Business Times.
Mr Chee, who was speaking at a recent media conference, noted that this is the highest number on record for the first 10 months of a year. He added that with the strong momentum expected to continue, he expects a record year for container throughput.
The minister also said that it was likely Singapore would experience another year of record bunker sales.
For the same time period, bunker sales increased 7.5 per cent to 45.7 million tonnes.
Bunkering refers to the supplying of fuel to maritime vessels, and Singapore is the world's largest bunkering port.
In 2023, its ports posted new records, including 39 million TEU of container throughput and bunker sales of 51.8 million tonnes.
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