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Friday, July 14, 2017

Bigger container ships bring in more containers into Singapore but with fewer port calls.

Singapore increases its container volume by 8.5% at 2.6m TEU in June 2017 compared to 2016.  However, the number of ships' calls drop 3.8% month on month to 3378 ships.

This conundrum is caused by larger container ships which can carry more TEUs.  Therefore, our containers increase but the ship port calls drop which affects the bunker sales.

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