The Maritime and Port Authority of Singapore (MPA) confirms that major container lines, including CMA CGM and ONE, have moved more container volumes through Singapore in the first five months of 2024, compared to the same period in 2023.
According to MPA Singapore, total container volumes handled in Singapore in the first five months of 2024 amounted to 16.90 million twenty-foot equivalent units (TEUs). This is a 7.7% increase in container volumes over the same period last year.
The demand for capacity remains strong as container lines continue to collaborate closely with PSA, MPA, the Ministry of Transport, together with the unions, to grow their container volumes through Singapore.
To remind, it was recently announced that PSA has added more manpower and reactivated older berths and yards, increasing its weekly handling capacity from 770,000 TEUs to 820,000 TEUs.
Furthermore, three new berths in Tuas Port will commence operations later this year, increasing overall port handling capacity. MPA and PSA are working closely with container lines and regional feeders to update them on berth availability and advise them on arrival times to minimize delays.
