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Singapore stays ahead in global box throughput growth

Our Bureau

Kochi, Oct. 18 Singapore has continued to maintain its lead as the premier port in the world by registering a container throughput growth of more than 10 per cent in September compared to the corresponding month last year.

Shanghai, which ranks behind the Lion City, is followed by Hong Kong, which only recorded a year-on-year increase of less than four per cent in September.

The Port of Shanghai had handled 19.35 million TEU from January to September, a rise of 21.2 per cent over the same period last year.

Preliminary estimates

Preliminary estimates released by the Maritime and Port Authority of Singapore revealed that the city-State’s ports handled a combined 2.36 million TEU during September alone, an increase of 10.6 per cent compared to the same month last year.

In the first nine months of the year, the volume in the Lion City rose 13 per cent over the same period in 2006 to 20.73 million TEU, up from 18.33 million TEU for January to September last year.

Port volume

In 2006, Singapore’s aggregate port volume reached a record 24.80 million TEU, up from 23.19 million TEU in 2005.

Singapore’s Jurong port saw its container throughput increase 5.17 per cent in September compared to the same month last year to 61,000 TEU.

Statistics from the Hong Kong Port Development Council showed that the SAR Port handled a total of 2.05 million TEU in September with more than 1.51 million TEU going through the city’s container terminals in Kwai Tsing, a rise of 4.2 per cent compared to the same month last year.

Container terminals outside Kwai Tsing handled 540,000 TEU in September, nearly two per cent less than in the same month in 2006.

Since the beginning of the year, Hong Kong terminals handled a total of 17.70 million TEU, a rise of two per cent over the same period in 2006 and slightly more than three million TEU behind Singapore’s nine-month total.

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