Reuters, 18 Jun 2009, Neil Chatterjee
SINGAPORE, June 18 (Reuters) - Singapore port terminals handled 20.3 percent fewer containers in May from a year ago but traffic edged up 0.7 percent from April, data from the Maritime and Port Authority of Singapore shows.
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.
Read More