SUBSCRIBERS

Singapore rolls out measures to help embattled container lines

Khaw unveils concession on port dues; container throughput shrinks by worse-than-expected 8.7% in 2015

Published Wed, Jan 13, 2016 · 09:50 PM

    Singapore

    THE Singapore government is rolling out more measures to help container lines cope with the challenging economic conditions, which contributed to a contraction in container throughput at the Port of Singapore in 2015.

    Coordinating Minister for Infrastructure & Minister for Transport Khaw Boon Wan said at the Singapore Maritime Foundation New Year cocktail reception on Wednesday "2015 was yet another challenging year for many shipping companies".

    Copyright SPH Media. All rights reserved.