<TABLE cellSpacing=0 cellPadding=0 width=452 border=0><TBODY><TR><TD vAlign=top width=452 colSpan=2>Published April 14, 2009
</TD></TR><TR><TD vAlign=top width=452 colSpan=2>Local ports rebound slightly in Mar
By VINCENT WEE
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(SINGAPORE) Singapore's ports recovered slightly in March, with container throughput at least rising month-on-month, even though volumes were still down from the year before.
Dominant player PSA's Singapore terminals moved 2.14 million twenty-foot equivalent units (TEUs) in March, up from the 1.8 million TEUs that passed through the port in February. This was however lower than the 2.49 million TEUs throughput in February 2008. On a cumulative basis, the 5.86 million standard containers transhipped till March was 17.8 per cent off the 7.12 million TEUs seen up to the same point last year.
It was a similar picture at smaller operator Jurong Port, which saw a 14.3 per cent increase to 56,000 TEUs from 49,000 TEUs in February. Year-on-year, however, container throughput fell 23.3 per cent from 73,000 TEUs in March the year before.
For the overall port of Singapore, March transhipment rose 18.4 per cent to 2.19 million TEUs from 1.85 million TEUs in February. This however was 14.8 per cent down from the 2.57 million TEUs seen in March 2008.
In terms of bunker sales, March also posted a 17.2 per cent increase to 3.13 million tonnes from 2.67 million tonnes in February. This was a slight increase from the 3.05 million tonnes sold in March 2008.
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</TD></TR></TBODY></TABLE>Reuters quoted traders as saying that Singapore bunker prices, which fell to a more than six-week low of US$235 per tonne in mid-March compared with a one-month high of US$283 a tonne on Feb 6, may have attracted more ships to refuel here during the month.
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</TD></TR><TR><TD vAlign=top width=452 colSpan=2>Local ports rebound slightly in Mar
By VINCENT WEE
<TABLE class=storyLinks cellSpacing=4 cellPadding=1 width=136 align=right border=0><TBODY><TR class=font10><TD align=right width=20>
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</TD><TD>Feedback</TD></TR></TBODY></TABLE>(SINGAPORE) Singapore's ports recovered slightly in March, with container throughput at least rising month-on-month, even though volumes were still down from the year before.
Dominant player PSA's Singapore terminals moved 2.14 million twenty-foot equivalent units (TEUs) in March, up from the 1.8 million TEUs that passed through the port in February. This was however lower than the 2.49 million TEUs throughput in February 2008. On a cumulative basis, the 5.86 million standard containers transhipped till March was 17.8 per cent off the 7.12 million TEUs seen up to the same point last year.
It was a similar picture at smaller operator Jurong Port, which saw a 14.3 per cent increase to 56,000 TEUs from 49,000 TEUs in February. Year-on-year, however, container throughput fell 23.3 per cent from 73,000 TEUs in March the year before.
For the overall port of Singapore, March transhipment rose 18.4 per cent to 2.19 million TEUs from 1.85 million TEUs in February. This however was 14.8 per cent down from the 2.57 million TEUs seen in March 2008.
In terms of bunker sales, March also posted a 17.2 per cent increase to 3.13 million tonnes from 2.67 million tonnes in February. This was a slight increase from the 3.05 million tonnes sold in March 2008.
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