There are many interesting facts that you may not know about Maritime Singapore.
Here are some quick interesting and not very well-known facts about Maritime Singapore.
- At any one time, there are about 1,000 vessels in the Singapore port.
- Every 2-3 minutes, a ship arrives or leaves Singapore.
- Vessels passing through the Singapore Strait are monitored by the Maritime and Port Authority’s (MPA) Port Operations Control Centre, using the Vessel Traffic Information System (VTIS),which has the capability of handling up to 10,000 tracks at any one time.
- Singapore is well-connected to more than 600 ports in over 120 countries.
- Although Singapore does not produce any oil, it is the top bunkering (ship refuelling) ports in the world. In 2012, more than 42 million tonnes of bunkers were lifted in Singapore. This is enough to fill over 17,000 Olympic-sized pools.
- The Singapore Registry of Ships (SRS) is among the top 10 largest registries in the world. Today, the SRS has over 4,000 vessels registered with it.
- Singapore commands about 70% share of the world's jack-up rig-building market and 70% of the global floating production storage and offloading (FPSO) platforms market.
- Singapore has been a council member of the International Maritime Organization (IMO) since 1993.
- In today’s interconnected world of commerce, more than 90% of the world’s trade is carried by sea.
- Seaborne trade remains the most energy-efficient and environmentally-friendly mode of transporting cargo. Without it, half the world would starve and the other half would freeze.
- Annually, more than 120,000 ships call at Singapore.
- The world’s biggest vessel, the Emma Maersk, arrived in Singapore on 1 October 2008, making its first maiden call to an Asian port. The vessel is able to carry 11,000 twenty-foot containers. If these containers were stacked end to end, they would reach a staggering total of 42 miles.
- About a million visitors cruise into Singapore annually.
- Seaborne trade has been an important lifeline for Singapore from the time of its founding in 1819.
- Today, there are more than 5,000 maritime establishments contributing about 7% to Singapore’s gross domestic product, and employing more than 170,000 personnel.
- SGX AsiaClear first and only clearing facility for OTC traded derivatives. It provides a Central Counterparty clearing facility for freight, energy, commodities and financial derivatives. It exceeded US$4.7 billion in value of trades cleared in 2007.
- The driving force behind building Singapore into a thriving International Maritime Centre is MPA.