Singapore's box traffic dips sharply

Taiwan News, 30 Mar 2009, Bloomberg
Singapore, the world's busiest container port, posted the biggest drop in cargo-box traffic in at least 11 years as the global recession cut demand.
Terminals in the city-state handled 1.85 million twenty-foot equivalent boxes in February, 19.8 percent lower than a year earlier, according to preliminary data on the Maritime & Port Authority's Web site. It's the biggest plunge since at least December 1997, overtaking last month's 19.6 percent drop.
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