Singapore Remains The World’s Busiest Transhipment And Bunkering Port

The Port of Singapore remained open and connected to the world in 2021 despite the ongoing COVID-19 pandemic. Singapore’s port performance saw a record high container throughput of 37.5 million twenty-foot equivalent units (TEUs). Bunker sales also remained strong, crossing 50 million tonnes for only the second time

Singapore has also been ranked the top Leading Maritime City of the World for a fifth consecutive time in the international benchmarking study by Norwegian classification society, DNV; and Norwegian consultancy, Menon Economics AS. This is a strong testament of Singapore’s performance in not only the port sector, but also as an international maritime centre in shipping services and maritime technology.

Mr. S. Iswaran, Minister for Transport and Minister-in-charge of Trade Relations, announced the 2021 performance of the Port of Singapore at the Singapore Maritime Foundation New Year Conversations event today. He also outlined the four thrusts – resilience, digitalisation, decarbonisation and talent – that will guide the government’s efforts to advance the maritime sector and consultations with the industry and unions on the refreshed Sea Transport Industry Transformation Map.

“Maritime Singapore has shown itself to be resilient despite the challenges of the pandemic over the past two years. I am confident that the continued strong tripartite partnership between the Government, industry and unions will see us through the recovery phase and allow Maritime Singapore to emerge even stronger.” said Minister Iswaran.

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