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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".

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Transport & Logistics

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