Singapore, the world’s largest container port by throughput, looks likely to suffer a bigger fall in traffic than many other ports this year, in spite of a slight uptick in traffic in provisional figures for October.The fall in Singapore volumes is much steeper than the predicted 10.3 per cent drop in global traffic this year, marking a serious reverse for PSA, which runs five of the port’s six container terminals and accounts for about 97 per cent of its container throughput.
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