Seatrade Asia Online, 18 Jun 2009
Singapore: Singapore port terminals handled 20.3% fewer containers in May from a year ago but traffic edged up 0.7% from April, Reuters writes citing data from the Maritime and Port Authority of Singapore.
The numbers show this year's shrinking trade at the world's busiest container port may have stabilised. Most containers passing through Singapore's port are transshipments between East and West, and so are a barometer of world trade.
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Related:
Slowdown signs - Singapore container volumes in May down by 20% YoY - Steel Guru
