Port of Singapore

Ports of Singapore and Hamburg sign cooperation deal

On 26 September, the Hamburg Port Authority (HPA) and the Maritime and Port Authority Singapore (MPA) signed a letter of intent in the presence of Hamburg’s First Mayor Dr. Peter Tschentscher to strengthen their cooperation in the areas of digitalisation, decarbonisation and cyber security.

The letter of intent, signed by CEO of HPA Jens Meier, and Chief Executive of MPA Teo Eng Dih, marks the beginning of a strategic partnership between the two port authorities.

The two port authorities aim to...

https://container-news.com/ports-of-singapore-and-hamburg-sign-cooperation-deal/

Impact of Geopolitical Tensions in South China Sea on Major Container Lines and Regional Ports

As South China Sea remains a key global region for maritime trade, Container News decided to analyze and synthesize the available information and give insights about how increasing geopolitical tensions in the South China Sea affect global shipping companies and the operational dynamics of major regional ports, which serve as crucial subsystems in the global trade network.

The analysis took into consideration three key ports located in the South China Sea – Shanghai, Singapore and Hong Kong –...

https://container-news.com/impact-of-geopolitical-tensions-in-south-china-sea-on-major-container-lines-and-regional-ports/

Comparative analysis of key global container ports

Container News recently conducted a comparative analysis of five major container ports: Port of Los Angeles, Port of Shanghai, Port of Jebel Ali, Port of Rotterdam, and Port of Singapore.

The analysis aimed to evaluate the relative competitiveness of these ports by examining two critical indicators: Port Investments and Port Throughput, forming a compound indicator, as well as Port Connectivity. Open-source data from various organizations were used to build these indicators, revealing key trends...

https://container-news.com/comparative-analysis-of-key-global-container-ports/

MPA Singapore conducts search and rescue operation for missing crew

The Maritime and Port Authority of Singapore (MPA) is coordinating a search and rescue operation with the Police Coast Guard (PCG) and the Singapore Civil Defence Force for a missing crew from a tugboat, Oshio.

The tugboat sank in the Eastern Anchorage, within Singapore’s port limits, at about 2:15 pm on 4 September, with two crew reported to be onboard at at the time of incident.

One 39-year-old male crew member who was earlier rescued by PCG was conveyed to the hospital where he subsequently...

https://container-news.com/mpa-singapore-conducts-search-and-rescue-operation-for-missing-crew/

MPA, PSA launch night movement of line-towed container barges in Singapore

In the first seven months of 2024, the Port of Singapore handled 23.82 million TEUs, reflecting a notable 6.1% increase in container volumes compared to the same period last year.

Most container vessels completed their simultaneous cargo handling and bunkering within a day of arrival, with the average wait time for container berths reduced to less than one day by July 2024.

These improvements are the result of initiatives by the Maritime and Port Authority of Singapore (MPA) and PSA Singapore,...

https://container-news.com/mpa-psa-launch-night-movement-of-line-towed-container-barges-in-singapore/

Shippers, carriers get ready for tighter customs rules at Singapore from September

Transport service stakeholders handling cargo movements via Singapore Port face a heightened operational challenge complying with a new set of customs rules due to come into effect from 1 September.

The requirement calls for advanced or pre-filing of export/import/transhipment cargo information, under what the authority calls a revised “free trade zone (FTZ) regime that was implemented in March 2024.”

The FTZ regulations require cargo interests to submit import cargo information on long-haul...

https://container-news.com/shippers-carriers-get-ready-for-tighter-customs-rules-at-singapore-from-september/

Container port snarls now nearing Covid highs

Global container port congestion is now around 9 million TEU, close to the peak of 9.6 million TEU seen during the Covid-19 pandemic, according to a Clarksons report.

The world’s largest shipbroker said in a report that the Red Sea crisis, which has seen container vessels detouring round the Cape of Good Hope, has added circa 12% to TEU-mile demand.

Clarksons analyst Trevor Crowe wrote: “It has been a better than expected year so far for trade volumes – this has helped drive markets to...

https://container-news.com/container-port-snarls-now-nearing-covid-highs/

Singapore oil spill: Insurance claims capped at under US$6 million

The insurer for the bunker tanker involved in the oil spill in Singapore has a limit of S$8 million (US$5.9 million) for the resulting claims.

This was disclosed by Singapore’s Transport Minister Chee Hong Tat at a joint ministerial press conference on 24 June.

Some oil slicks floated into neighbouring Malaysia and its government said that affected fishermen should file claims with the insurer, British Marine. Malaysian media estimated that as many as 200 fishermen in Johor state, the nearest...

https://container-news.com/singapore-oil-spill-insurance-claims-capped-at-under-us6-million/

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