Singapore ports handled second-highest number of containers in 2022 despite fall in global container trade

A total of 37.3 million 20-ft equivalent units of containers passed through Singapore ports in 2022. - The Straits Times/ANN

SINGAPORE, Jan 14 (The Straits Times/ANN): Singapore handled the second-highest number of containers on record in 2022 to retain its position as the world’s largest transshipment port, even as global container trade declined.

A total of 37.3 million 20-foot equivalent units (TEUs) of containers passed through Singapore in 2022, a dip of 0.7 per cent from the record high of 37.6 million TEUs in 2021. Global container trade fell by 3 per cent to 4 per cent in comparison.