The Port of Singapore again won the “Best Seaport in Asia ” award at the Asian 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 cost competitiveness, container shipping-friendly fee regime, provision of suitable container shipping-related infrastructure, timely and adequate investment in new infrastructure to meet future demand and the facilitation of ancillary services, including logistics and freight forwarding facilities.

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

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

Container throughput crossed the 30 million Twenty-Foot Equivalent Units milestone for the first time and vessel arrival tonnage reached a record high of 2.25 billion gross tonnes in 2012.

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