Singapore's 2012 Maritime Performance

10 January 2013


Singapore's 2012 Maritime Performance
Port of Singapore registers good growth in 2012

Despite the uncertain global economy and the challenges faced by the global maritime industry last year, the Port of Singapore maintained its global lead in annual vessel arrival tonnage and bunker sales, and achieved good growth in container and cargo throughput.

For the first time, container throughput crossed the 30 million Twenty-Foot Equivalent Units (TEUs) milestone in 2012, a historic high for the Port of Singapore. The Singapore Registry of Ships also continued to grow in size and ranks among the top 10 worldwide.

Good progress has been made in developing Singapore as a leading International Maritime Centre. Singapore continues to attract a diverse range of maritime businesses to establish operations here and is now home to more than 120 international shipping groups. The maritime cluster employs more than 170,000 people and contributes some seven per cent to Singapore's Gross Domestic Product.

The advance estimates of Singapore's port performance were announced by Mr Lui Tuck Yew, Minister for Transport, at the Singapore Maritime Foundation New Year cocktail reception today.

Vessel Arrival Tonnage
Annual vessel arrival tonnage reached a record high of 2.25 billion gross tons (GT) in 2012, an increase of 6.1 per cent from the 2.12 billion GT achieved in 2011. Tankers and container ships were the top contributors, accounting for 30.8 per cent and 30.4 per cent of the total vessel arrival tonnage respectively.

Container and Cargo Throughput
Container throughput was a record high of 31.6 million TEUs in 2012, a 5.7 per cent increase over the 29.9 million TEUs in 2011. Total cargo tonnage handled last year rose 1.2 per cent over 2011 to reach 537.6 million tonnes, also a new record for the Port of Singapore.

Bunker Sales
The total volume of bunkers sold in the Port of Singapore in 2012 fell 1.2 per cent to register 42.7 million tonnes, compared to 43.2 million tonnes in 2011. Despite the decline in bunker sales, Singapore remained the world's top bunkering port.

The Singapore Registry of Ships
The Singapore Registry of Ships did well last year. The total tonnage of ships under our register grew by 13.2 per cent or 7.7 million GT in 2012. As of end December 2012, the total tonnage of ships under the Singapore flag was 65.0 million GT, putting Singapore among the top 10 ship registries in the world.

Details of Singapore's maritime performance from 2008 to 2012 are below:

Year

Vessel Arrival Tonnage(billion GT)

Container Throughput
(million TEUs)

Cargo Throughput
(million tonnes)

Bunker Sale Volume
(million tonnes)

Singapore Registry of Ships
(million GT)

2008

1.62

29.9

515.4

34.9

43.7

2009

1.78

25.9

472.3

36.4

45.6

2010

1.92

28.4

503.3

40.9

48.8

2011

2.12

29.9

531.2

43.2

57.4

2012*

2.25

31.6

537.6

42.7

65.0

*Advance estimates

End of Release.


About the Maritime and Port Authority of Singapore (MPA)
The Maritime and Port Authority of Singapore (MPA) was established on 2 February 1996, with the mission to develop Singapore as a premier global hub port and international maritime centre (IMC), and to advance and safeguard Singapore's strategic maritime interests. MPA is the driving force behind Singapore's port and maritime development, taking on the roles of Port Authority, Port Regulator, Port Planner, IMC Champion, and National Maritime Representative. MPA partners the industry and other agencies to enhance safety, security and environmental protection in our port waters, facilitate port operations and growth, expand the cluster of maritime ancillary services, and promote maritime R&D and manpower development.