Port of Singapore cargo traffic climbs 0.8 percent

Trade flows passing through the Port of Singapore in January-October 2012 rose 0.8% year-on-year to 449.23 million tons, the Port Authority statistics said.

The ten-month volume of crude oil shrank by 9.6% to 141.29 million tons, while container traffic rose 6.5% to 26.44 million TEUs.

Singapore is the city-state located on an island in Southeast Asia. Container traffic at Port of Singapore in 2011 rose 5.3% year-over-year, to 29.93 million TEUs. Annual cargo throughput at the port totaled 530.48 million tons.