Continued Strong Growth in Container Volumes
Published 08 Jun 2024
In response to media queries, 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.
2. 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.
3. 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.