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            december 17, 2017

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LKW Walter

Port of Liepaja

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Indiaexportnews.com

Hapag-Lloyd selects 'bustling Singapore' Port of the Month

  05.12.2017    

Singapore was selected Port of the Month by German shipping giant Hapag-Lloyd's monthly online magazine.
"Dozens of gantry cranes against a backdrop of towering skyscrapers, thousands of containers of all colours, and ships docking and casting off around the clock - welcome to Singapore, our port of the month," enthused Hapag-Lloyd Insights December.
"The figures are impressive: Some 130,000 ships call at Singapore every year, and there are about 1,000 ships in the port at the same time at any given moment each day. In 2015, 31 million TEU were handled, making it the second-busiest port in the world after Shanghai.
As one of the largest and most modern ports in the world, the Port of Singapore also plays a very important role for Hapag-Lloyd: Each week, the port is served by several Hapag-Lloyd services.
"In addition, Singapore is Hapag-Lloyd's most important port for transshipments, as the lion's share of the cargo that Hapag-Lloyd handles there comes from other countries of origin.
"Hapag-Lloyd opened its office in Singapore back in 1991. What's more, Hapag-Lloyd's regional headquarters for Asia and Oceania is also located there," it said.
"Another factor has boosted the port's importance: Singapore's economic upswing. Singapore's economy has enjoyed skyrocketing growth in recent decades, and it now numbers among the richest industrialised countries in the world.
"Singapore offers more than a gigantic port. As one of Asia's most important financial centres, in addition to tourists, it also mainly attracts businesspeople to the city," said the article.



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