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Singapore retains “Best Seaport in Asia” award

The Port of Singapore again won the “Best Seaport in Asia ” award at the Asian Freight and Supply Chain Awards (AFSCA).
The Port of Singapore again won the “Best Seaport in Asia ” award at theAsian Freight and Supply Chain Awards (AFSCA).

The award was presented to Singapore at the 27th AFSCA, which was held in Beijing on May 9.

The Port of Singapore was recognised for its costcompetitiveness, container shipping-friendly fee regime, provision ofsuitable container shipping-related infrastructure, timely and adequateinvestment in new infrastructure to meet future demand and thefacilitation of ancillary services, including logistics and freightforwarding facilities.

Singapore was selectedfor the award for the 25th time ahead of strong competition from suchwell-known seaports such as Busan of the Republic of Korea; Hong Kong,Dalian, Kaohsiung, Tianjin, Shanghai and Shenzhen of China; and Manilaof the Philippines.

"We are heartened bytheir support and will continue in our commitment to develop Singaporeas a premier global hub port and an international maritime centre,"said Lam Yi Young, Chief Executive of the Maritime and Port Authority ofSingapore.

Container throughput crossed the30 million Twenty-Foot Equivalent Units milestone for the first time andvessel arrival tonnage reached a record high of 2.25 billion grosstonnes in 2012.

Singapore also remained the world's top bunkering port, registering bunker sales volumes of 42.7 million tonnes.-VNA
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