Singapore records slight increase in August box volumes

Singapore’s August throughput was registered at 2.87m teu, an increase of 1.8% compared to the same period of 2013, according to data from MPA.

But a month-on-month comparison showed August volumes dipped 2.7% compared to 2.95m teu seen in July.

In the first eight months of 2014, Singapore port handled a total throughput of 22.32m teu, up 3.4% from 21.59m teu in the previous corresponding period.

Singapore trailed in second place globally behind leader Shanghai which posted a throughput of 23.44m teu in the first eight months of this year.