Singapore - The port of Singapore maintained a stable performance in 2018. Container throughput grew by 8.7 per cent to 36.6 million twenty-foot equivalent units (TEUs), and total cargo throughput remained stable at 630 million tonnes.
Singapore also r etained its position as the world’s leading bunkering port. 2 Singapore continues to be home to a diverse range of maritime businesses, with more than 5,000 maritime establishments in Singapore generating over 170,000 jobs.
Overall, the maritime sector contributed some 7 per cent to Singapore’s Gross Domestic Product. 3 These results were announced by Lam Pin Min, Senior Minister of State for Transport and Health, who spoke at the Singapore Maritime Foundation New Year cocktail reception today.