Singapore’s Port Sets New Record with 3 Billion Gross Tons in Vessel Arrivals for 2023
Economy

Singapore’s Port Sets New Record with 3 Billion Gross Tons in Vessel Arrivals for 2023

Singapore’s bustling port has achieved an unprecedented milestone, recording a historic 3 billion gross tons in vessel arrivals for the year 2023.

The record-breaking figure, measured by the internal volume of all ships arriving, including non-cargo spaces, marks a significant moment in the country’s maritime history.

This achievement, celebrated on December 25 with the arrival of the Singapore-registered container ship ONE Olympus at Pasir Panjang Terminal, surpasses the previous milestones of 1 billion gross tons in 2004 and 2 billion gross tons in 2011.

Acting Transport Minister Chee Hong Tat, acknowledging the challenging waters the maritime industry has faced in recent years, described this breakthrough as “especially significant.”

The strong partnership between the government, industry, and unions is identified as a crucial success factor for Singapore’s port. Despite global challenges, including industry downturns, pandemic-related disruptions, and geopolitical tensions, Singapore’s port has demonstrated reliability and resilience.

Looking ahead, Singapore remains committed to maintaining its position as a premier hub port. The Tuas mega port, set to be the world’s largest fully automated terminal upon completion in the 2040s, continues to progress with three more operational berths added in 2023.

The authorities are also enhancing port efficiency through digital planning and coordination platforms, ensuring Singapore’s port remains a cornerstone of global maritime trade.