Singapore sees box pick up
SINGAPORE registered a resurgence in box volumes in January compared with a year earlier, but throughput was still down 14.5% compared with the peak month of July 2008, before the global financial crisis hit international trade.
According to preliminary estimates, Singapore handled 2.3m teu last month, up from 2m teu a year earlier, Singapore’s Maritime and Port Authority said.
By comparison, Singapore port handled almost 2.5m teu in January 2008 and 2.7m teu in July 2008,...
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