Thursday, November 28, 2024

Singapore Port will reach 39 million TEU in 2023

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Singapore: singapore port will process 39 million TEU in 2023, an increase of 4.6% compared to the previous record of 37.57 million TEU in 2021.

Maritime and Port Authority of Singapore (MPA) According to the statement, eight berths in Phase 1 of the New Tuas Port are operational and 70% of the reclamation work in Phase 2 has been completed.

Cargo handling volume in 2023 increased from 578.22 million tons in 2022 to 591.7 million tons. Additionally, the average monthly frequency of regional ferries has returned to approximately 70% of pre-COVID-19 levels.

Additionally, the Port of Singapore achieved a significant milestone in 2023, with annual vessel tonnage arriving exceeding 3 billion gross tonnage (GT) for the first time, registering a notable increase of 9.4% year-on-year.

This impressive achievement, totaling 3.09 billion gross tons, reflects growth across various segments within the port ecosystem, including container ships, dry bulk carriers, liquid bulk tankers, chemical tankers, ferries and specialty vessels.

Additionally, Singapore has made commendable progress in supporting ocean decarbonization and transformation. Great progress has been made in the supply of alternative fuels and in the electrification of port vessels. Bunker sales of biofuel blends soared to 520,000 tonnes, an astonishing three-fold increase from 140,000 tonnes in 2022.

A historic achievement was also achieved in July 2023 when MPA conducted the world’s first ship-to-container methanol bunkering operation, supplying approximately 300 tonnes of green methanol to the Port of Singapore.

Furthermore, the deployment of fully electric 200-seater ferries and supply vessels within the port waters in 2023 demonstrated Singapore’s commitment to sustainable marine ecosystems.

Bunker sales volume will reach 51.82 million tonnes in 2023, surpassing the previous record of 50.64 million tonnes in 2017, strengthening Singapore’s position as a bunkering hub. Alternative fuels account for 1.2% of this and are expected to grow next year.

The strong performance in 2023 was due to a recovery in regional trade and effective tripartite cooperation between trade unions, industry stakeholders and the government, which consistently improved the efficiency, reliability and safety of the Port of Singapore. It’s possible.



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