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Singapore container traffic rises in July

Singapore container traffic rises in July
Singapore: Container throughput at the port of Singapore rose in July amid the continuing weak global shipping market.

Singapore handled 2.77m teu of container last month, showing a 4.9% improvement compared to 2.64m teu posted in July 2011 and a 2.2% month-on-month growth, according to figures from the Maritime and Port Authority of Singapore (MPA).

In the first seven months of this year, Singapore moved a total of 18.41m teu, a 6.9% rise compared to 17.22m teu posted in the same period of 2011.