Singapore Crosses Record Three Billion Gross Tonnage in Annual Vessel Arrival Tonnage

The Port of Singapore registered a record three billion gross tonnage1 (GT) in annual vessel arrival tonnage. The three billion GT mark was crossed with the arrival of the 8,628 twenty-foot equivalent units (TEU), 98,799 GT Singapore-flagged containership, ONE OLYMPUS, at the Pasir Panjang Terminal on 25 December 2023.

The annual vessel arrival tonnage at the Port of Singapore for 2023 is expected to hit just over 3 billion GT in 20232, up from 2.83 billion GT in 2022.

This achievement was marked at an event organised by the Maritime and Port Authority of Singapore (MPA) at PSA Horizons today. The event was graced by Mr Chee Hong Tat, Acting Minister for Transport, and attended by guests from the maritime industry. Mr Chee presented mementoes to the Master of ONE OLYMPUS, Captain Vaibhav Narula, and the Global Chief Executive Officer of Ocean Network Express (ONE), Mr Jeremy Nixon.


Speaking at the event, Acting Minister Chee said that the Port of Singapore’s most important success factor, which enabled this milestone achievement, was the strong tripartite co-operation which existed between the unions, industry, and government. He noted that while others could try to replicate our hardware, infrastructure, technologies and operating systems, “many find it difficult to replicate our trusted tripartite ecosystem in Singapore. This is one of the key elements which gives us an edge to stay ahead of the competition and to take Maritime Singapore to even greater heights”.

MPA Chief Executive, Mr Teo Eng Dih said, “We are humbled that Singapore continues to be a choice port of call. We will continue to work with all our tripartite stakeholders to improve the efficiency and safety of our port. The launch of the Just-in-Time (JIT) Planning and Coordination Platform on 1 October this year for vessels calling at PSA terminals and Jurong Port is one such initiative. The JIT Platform will help to improve vessel turnarounds and optimise port calls, and thereby reduce greenhouse gas emissions from ships. It will be extended progressively to all vessels calling into Singapore from January 2024.”