Port of Singapore Hits Three Billion Gross Tonnage Mark; Tuas Port Development Continuing: MOT

The Business Times2023-12-27

The Port of Singapore has recorded three billion gross tonnage in annual vessel arrival tonnage as of Monday (Dec 25).Singapore-flagged container vessel, ONE OLYMPUS, helped the port cross the three ...

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Annual vessel arrival tonnage is expected to hit just over three billion gross tonnage for 2023, up from 2.83 billion in 2022.Acting Transport Minister Chee Hong Tat noted that the Port of Singapore faces challenges from geopolitical tensions and conflicts. These include the recent disruptions to ships sailing through the Red Sea and the Suez Canal which the Maritime and Port Authority of Singapore (MPA) and the Ministry of Transport (MOT) are monitoring.Meanwhile, the development of Tuas Port is continuing, with three more berths under Phase 1 opened, bringing the number of operational berths to eight. 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