Container throughput at the Port of Singapore in 2023 grew by 4.6 per cent reaching a new high of 39.01 million TEU.
This surpasses the previous record set in 2021, which stood at 37.57 million TEU.
The annual vessel arrival tonnage in the Port of Singapore crossed 3 billion Gross Tonnage (GT) for the first time, increasing by 9.4 per cent over 2022 and setting a high of 3.09 billion GT in 2023.
Eight berths from the new Tuas Port Phase 1 are operational and 70 per cent of reclamation works in Phase 2 have been completed.
A total of 591.70 million tonnes of cargo was handled in 2023, up from 578.22 million tonnes in 2022.
Singapore has made good progress in the supply of alternative fuels and the electrification of harbour craft to support maritime decarbonisation and transformation.
Bunker sales of biofuel blends increased to 520,000 tonnes, which more than tripled from 140,000 tonnes in 2022.
Biofuel blends of up to B30 are commercially available, while trials of up to B100 are on-going. Liquefied natural gas bunker sales amounted to 110,000 tonnes in 2023, up from 16,000 tonnes in 2022.
In July 2023, the Maritime and Port Authority of Singapore (MPA) successfully conducted the world’s first ship-to-containership methanol bunkering operation, where about 300 tonnes of green methanol was supplied for the first time in the Port of Singapore.
The strong 2023 performance was largely attributed to the recovery in regional trade and the robust tripartite co-operation among the unions, industry, and government to consistently enhance the efficiency, reliability, and safety in the Port of Singapore.
In December 2023, the MPA and the International Association of Classification Societies (IACS) signed a Letter of Intent (LOI) to collaborate on various maritime digitalisation and decarbonisation initiatives.