S'pore container handling up

S'pore container handling up

SINGAPORE (AFP): A survey conducted by the Port Authority of
Singapore (PSA) has forecast 15-percent growth in container
handling for 1994, a PSA publication said yesterday.

Singapore handled 9.05 million twenty-foot equivalent units
(TEUs) last year, a 20-percent increase over the previous year
and eight percent more than a previous forecast, the PSA said in
the monthly Portview newsletter.

Shipping lines, in a survey conducted last November, predicted
a 15-percent growth in the volume of containers they would be
handling this year.

The PSA said that while the majority of the feeder operators
predicted a growth of more than 18 percent, the main line
operators were more conservative, forecasting growth of less than
10 percent.

The PSA said the actual throughput of main line operators
usually showed higher growth.