- Singapore achieved highs in vessel tonnage, cargo, and container throughput in 2024.
- Alternative fuel use doubled, with new bunkering pilots and training facilities launched.
- Tuas Port added 11 berths; initiatives boosted maritime workforce skills.
In 2024, Singapore’s maritime industry has witnessed impressive growth, marked by record-breaking vessel arrival tonnage, cargo throughput, and container handling. The country’s continued commitment to sustainability and innovation in the shipping sector further strengthens its global standing. Initiatives to expand infrastructure, develop green shipping solutions, and foster talent have propelled Singapore to the forefront of the maritime world, reports MPA.
Record Maritime Growth in 2024
In 2024, Singapore saw a record-high annual vessel arrival tonnage, cargo throughput, and container handling. Vessel arrival tonnage grew by 0.6%, reaching 3.11 billion gross tonnage (GT).
Container throughput exceeded 40 million TEUs for the first time, solidifying Singapore’s position as the world’s top container transshipment hub. Additionally, cargo throughput rose by 5.2%, reflecting strong port activity.
Sustainability and Green Shipping Initiatives
Singapore is advancing its green shipping goals with a significant increase in alternative bunker fuel sales, including biofuels, LNG, and ammonia.
The sale of alternative bunker fuels reached 1.34 million tonnes, a year-on-year doubling, with initiatives like ammonia and methanol trials.
The Maritime and Port Authority of Singapore (MPA) is also developing ammonia bunkering solutions and electric harbor craft charging infrastructure to support decarbonization efforts.
Port Expansion and Talent Development
Tuas Port continued its expansion with 11 operational berths, and more berths are expected by 2027.
To support the growing maritime sector, Singapore focused on talent development, training over 400 maritime professionals through initiatives like the Maritime Energy Training Facility (METF).
The MPA also collaborated with educational institutions to offer data science courses tailored to maritime professionals, strengthening the workforce for future maritime challenges.
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: MPA
