Singapore's 2018 Maritime Performance

Singapore’s 2018 Maritime Performance
Sustained overall growth; container throughput grew by 8.7 per cent

 
The Port of Singapore maintained a stable performance in 2018. Container throughput grew by 8.7 per cent to 36.6 million twenty-foot equivalent units (TEUs), and total cargo throughput remained stable at 630 million tonnes. Singapore also retained its position as the world’s leading bunkering port.
 
Singapore continues to be home to a diverse range of maritime businesses, with more than 5,000 maritime establishments in Singapore generating over 170,000 jobs. Overall, the maritime sector contributed some 7 per cent to Singapore's Gross Domestic Product.
 
These results were announced by Dr Lam Pin Min, Senior Minister of State for Transport and Health, who spoke at the Singapore Maritime Foundation New Year cocktail reception today.
 
Container and Cargo Throughput

Container throughput in Singapore hit 36.6 million TEUs in 2018, which is an
8.7 per cent increase from the 33.7 million TEUs registered in 2017. Total cargo throughput handled last year reached 630 million tonnes, which is close to 2017’s level.
 
Vessel Arrival Tonnage
Annual vessel arrival tonnage reached 2.79 billion gross tonnes (GT) in 2018, similar to the 2.8 billion GT achieved in 2017.

Bunker Sales
Singapore retained its position as the world's top bunkering port in 2018, with annual bunker sales volume close to the 50 million-tonne mark for the second year consecutively.