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Port of Singapore reaches 39 million TEUs in 2023

The Port of Singapore handled 39 million TEUs in 2023, showcasing a 4.6% increase compared to the previous record of 37.57 million TEUs in 2021.

The Maritime and Port Authority of Singapore (MPA) said eight berths from the new Tuas Port Phase 1 are operational and 70% of reclamation works in Phase 2 have been completed.

Cargo handling in 2023 experienced a rise to 591.70 million tonnes, up from 578.22 million tonnes in 2022. Additionally, the average monthly frequency of regional ferry trips has recovered to approximately 70% of pre-Covid levels.

Moreover, the Port of Singapore achieved a significant milestone in 2023, as the annual vessel arrival tonnage surpassed three billion Gross Tonnage (GT) for the first time, marking a notable 9.4% increase over the previous year.

This remarkable achievement, totalling 3.09 billion GT, reflects growth across various segments within the port ecosystem, encompassing container ships, dry bulk carriers, liquid bulk and chemical tankers, ferries, and specialized vessels.

Furthermore, Singapore has made commendable strides in supporting maritime decarbonization and transformation. The supply of alternative fuels and the electrification of harbour craft have progressed significantly. Bunker sales of biofuel blends soared to 520,000 tonnes, a remarkable threefold increase from 140,000 tonnes in 2022.

Also, July 2023 witnessed a historic achievement when MPA conducted the world’s first ship-to-container ship methanol bunkering operation, supplying about 300 tonnes of green methanol in the Port of Singapore.

Additionally, the deployment of fully electric 200-passenger ferries and supply vessels in 2023 within port waters exemplified Singapore’s commitment to a sustainable maritime ecosystem.

Bunker sales reached 51.82 million tonnes in 2023, surpassing the previous record of 50.64 million tonnes in 2017, reinforcing Singapore’s status as a bunkering hub. Of this, 1.2% constituted alternative fuels, with anticipated growth prospects in the coming year.

The robust performance in 2023 can be attributed to the recovery in regional trade and the effective tripartite cooperation among unions, industry stakeholders, and the government, consistently enhancing efficiency, reliability, and safety in the Port of Singapore.

Source: Container News

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Singapore is top maritime centre for 10th consecutive year

Singapore is ranked the top maritime centre in the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report for the tenth consecutive year.

The report, published jointly by the Chinese state news agency Xinhua and global marine data supplier Baltic Exchange, names Singapore as the world’s leading maritime centre, followed by London and Shanghai.

Singapore received 95.32 points out of a possible 100, while the marine support services powerhouse of London received 83.35 points and the port city of Shanghai received 81.58 points.

Singapore has topped the Index since it started a decade ago. Its position has been maintained as a result of its winning mix of strategic location, worldwide vision, and developed ecosystem of competent global marine services and strong governance.

For the previous four years, London and Shanghai have held the second and third positions in the Index.

There was minimal change in the top 10, with Hong Kong, Dubai, Rotterdam, and Hamburg taking fourth, fifth, sixth, and seventh position, respectively.

Furthermore, the trading capital of New York and its New Jersey port fell two places from eighth to tenth this year, while Athens/Piraeus rose by one place. Ningbo-Zhoushan, a newcomer to the Index, is ranked ninth. The Chinese city’s placement in the top ten is mostly due to its status as the world’s busiest port in terms of cargo tonnage.

This report rated 43 maritime locations, taking into account port factors such as cargo throughput, crane count, container berth length, and port draught.

According to a statement, the number of players in professional maritime support businesses such as shipbroking, ship management, ship financing, insurance, and law, as well as hull underwriting premiums and general business environment factors such as customs tariffs, the extent of electronic government services, and logistics performance.

Source: Container News

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Singapore’s Tuas Mega Port to handle 65 million TEUs annually by 2040s

Singapore aims to enhance and strengthen Tuas Port capabilities with an ongoing plan, which once fully completed around 20 years from now, the port is expected to handle 65 million TEUs annually, almost double current volumes.

According to a recent announcement by Singapore’s Ministry of Transport (MOT), the first two berths in Tuas Port Phase 1 started operations in December 2021 on schedule, and three more berths will start operations by December 2022.

“The first two berths started operations last December, ships are calling there from all over the world,” confirmed Prime Minister of Singapore, Lee Hsien Loong, during his speech at National Day Rally 2022 (21 August).

According to the plan, operations at Tuas Port Phase 1 will have 21 deep-water berths that can handle 20 million TEUs annually when fully operationalised in 2027, while the major container port operator in Singapore, PSA, is expecting to move over all their operations at Tanjong Pagar, Keppel, and Brani Terminals to Tuas Port by 2027.

“Operations at Pasir Panjang Terminal will be consolidated at Tuas Port by 2040s,” noted Singapore’s MOT.

The development of Tuas Port will be in four phases. When fully completed in the 2040s, Tuas Port will have a handling capacity of 65 million TEUs, almost double the volume of 37.5 million TEUs handled in 2021. Furthermore, Tuas Port will occupy about 13.37 km² of land when completed and there will be 66 berths spanning 26 kilometres capable of handling the largest container ships.

“The existing terminals at Tanjong Pagar, Brani, Keppel and Pasir Panjang were working fine. But we decided nevertheless to consolidate all our port operations into one mega port at Tuas. This shift would progressively free up prime waterfront land from Shenton Way to Pasir Panjang for the future Greater Southern Waterfront,” said Singapore’s Prime Minister, Lee Hsien Loong.

“The move to Tuas has already started,” he pointed out.

Lee Hsien Loong added that the new port uses Artificial Intelligence to coordinate operations more seamlessly, including vessel traffic management and port clearance. Maritime & Port Authority of Singapore (MPA) is working with port operators to drive the adoption of digital technologies at the port.

For example, MPA is developing the Next Generation Vessel Traffic Management System to provide accurate, real-time situational awareness of the shipping traffic, and the digitalPORT@SGTM, to enhance efficiency of port operations and reduce the turnaround time of ships. Additionally, electrified automated yard cranes and automated guided vehicles (AGVs) will be used for the transport of containers between the yard and the wharf in Tuas Port.

PSA is also working closely with technology partners to co-develop advanced automation and digitalisation solutions across multiple avenues, including cranes and AGVs, with scalable designs for future growth and expansion, as operations in Tuas Port gradually scales up.

Moreover, PSA is expected to deploy a private 5G network to support 5G-enabled AGVs and automated cranes at Tuas Port and the current Pasir Panjang Terminal. In addition, PSA is exploring the future use of 5G in PSA Smart Grid5 and cargo handling operations.

“We have just completed Phase I of Tuas Port; Phases II, III and IV will follow. We will have the world’s largest fully automated port, and that should make us a leading global player in the maritime space,” concluded Lee Hsien Loong.

Source: Container News

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