Volume soars at China-Singapore container terminal

A Singapore terminal jointly invested in by the city-state's port authority and a Chinese shipping giant has witnessed a boom in container throughput from countries involved in the 21st Century Maritime Silk Road.

The terminal's senior managers said they valued the cooperation between the two partners - Port of Singapore Authority and China COSCO Shipping Corp.

"Our terminal's total volume of loaded and unloaded containers shipped by China COSCO Shipping Corp reached 1.91 million standard TEU containers (or twenty-foot equivalent units) in 2017, rising 61.6 percent yearly," said Yang Jian, general manager of the COSCO-PSA Terminal.