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Cargo volume, bunker sales increase at Singapore port

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THE Port of Singapore kicked off the new year with increases across key cargo volumes and bunker sales.

THE Port of Singapore kicked off the new year with increases across key cargo volumes and bunker sales.

Total cargo throughput at the Port of Singapore soared past 50.5 million tonnes for the month of January, up sharply from more than 45.9 million tonnes a year ago.

Preliminary estimates from the Maritime and Port Authority of Singapore showed expansion in throughput for containerised cargoes and oil and non-oil bulk cargoes.

The Singapore port handled over 27.1 million tonnes or 2.62 million TEU (20-foot-equivalent) of containerised cargoes in January, an increase compared to 26.9 million tonnes or almost 2.49 million TEU for a year ago.

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Throughput for oil bulk cargoes surged past 20.1 million tonnes compared to some 15.3 million tonnes the year before, while that of non-oil bulk cargoes gained over 100,000 tonnes to exceed 1.5 million tonnes.

Bunker sales at the Singapore port expanded in January after setting a new world record for the calendar year of 2016.

For the month of January, bunker sales volume exceeded 4.4 million tonnes, an increase of almost 300,000 tonnes over last year.

Sales of low sulphur marine gas oil rose to 117,800 tonnes, up from 84,500 tonnes for Jan 2016.

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