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Singapore bounces back from coronavirus crisis

Singapore bounces back from coronavirus crisis

The Port of Singapore’s TEU traffic increased 5.8% year-on-year (YoY) in February 2020 as it recovered from the coronavirus outbreak.

According to the Maritime Port Authority of Singapore (MPA), Singapore handled 2.9 million TEU in February. It saw growth across the board, with the exception of cargo throughput, which declined by 1%.

Vessel arrivals grew by 5.9%, reaching 10,879, as did bunker sales, which jumped 2.6%.

Singapore is the second busiest port in the world after Shanghai, China, and was one of the heaviest affected hubs in the world when the outbreak began in late-2019.

It was also one of the first to respond and quickly implemented measures to screen seafarers and restrict vessel calls from China.

However, such has been the speed at which the coronavirus has spread, many of Singapore’s major infrastructure projects, including the Tuas mega-port, face significant delay.

Many of the world’s busiest ports have been heavily affected by the coronavirus; Los Angeles and Long Beach being the two worst hit in North America.

Which ports have been most heavily affected by coronavirus?

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