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Wednesday, November 23, 2016

Singapore port volume is expected to decline again in 2016!


The TEU in 2015 was 30.92m.  If we analyse the figures in 2016 as shown above, the expected TEU in 2016 will be around 30.5m.  Therefore, the 9% drop in 2015 is not an aberration but is the harbinger of further fall in 2016.  Look like China has succeeded in containing Singapore growth.

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