Chee Hong Tat on Singapore port capacity
Singapore’s container port is currently operating at about 85 per cent of its maximum handling capacity of 44 million twenty-foot equivalent units (TEUs) a year. There is enough buffer to meet short-term increases in demand from shipping lines, said Senior Minister of State for Transport Chee Hong Tat in Parliament on Thursday (Oct 20). He said as more berths at the new Tuas Port are completed, handling capacity will increase even more and be able to handle future growth in volumes. Mr Chee was responding to an MP’s question on whether Singapore has to scale up its port capacity in anticipation of a reported normalisation of global supply chains. *Audio issues inherent from source
Singapore’s container port is currently operating at about 85 per cent of its maximum handling capacity of 44 million twenty-foot equivalent units (TEUs) a year. There is enough buffer to meet short-term increases in demand from shipping lines, said Senior Minister of State for Transport Chee Hong Tat in Parliament on Thursday (Oct 20). He said as more berths at the new Tuas Port are completed, handling capacity will increase even more and be able to handle future growth in volumes. Mr Chee was responding to an MP’s question on whether Singapore has to scale up its port capacity in anticipation of a reported normalisation of global supply chains. *Audio issues inherent from source