But all goes to the pocket of 1 Familee?
<TABLE cellSpacing=0 cellPadding=0 width=452 border=0><TBODY><TR><TD vAlign=top width=452 colSpan=2>Published August 16, 2008
</TD></TR><TR><TD vAlign=top width=452 colSpan=2>Port crosses 1b gross ton mark in record time
<TABLE class=storyLinks cellSpacing=4 cellPadding=1 width=136 align=right border=0><TBODY><TR class=font10><TD align=right width=20>
</TD><TD>Email this article</TD></TR><TR class=font10><TD align=right width=20>
</TD><TD>Print article </TD></TR><TR class=font10><TD align=right width=20>
</TD><TD>Feedback</TD></TR></TBODY></TABLE>
IN a clear indication of strong growth in the maritime industry, Singapore's port has crossed the one billion gross ton mark in shipping much earlier than usual this year.
<TABLE class=picBoxL cellSpacing=2 width=100 align=left><TBODY><TR><TD>
</TD></TR><TR class=caption><TD>Booming: Vessel arrivals in terms of shipping tonnage have increased steadily in recent years </TD></TR></TBODY></TABLE>The psychologically important mark was achieved on Thursday, when the 50,243 gross ton (GT) containership APL Australia arrived at 10:25am.
As recently as 2004, the billion ton figure was achieved only in December. In 2005, 2006 and 2007, it was achieved in November, October and September respectively.
Vessel arrivals in terms of shipping tonnage have increased steadily in recent years.
In overall terms, the port of Singapore achieved 1.042 billion GT in 2004, 1.152 billion in 2005, 1.315 billion in 2006, and 1.459 billion in 2007.
Gross tonnage is a generally accepted shipping industry measure of the overall size of a ship.
It is a capacity-derived index that is used to categorise a vessel for manning, safety and other regulatory requirements, and is derived as a function of all of its enclosed spaces.
'Over the past few years, vessel arrivals in terms of shipping tonnage have registered double-digit increases,' said the Maritime and Port Authority of Singapore's group director (Hub Port) M Segar.
The new high in terms of time scale for the one billion ton breakthrough signals that 2008 may be another record year, he said.
'All these achievements are possible because of the efforts put in by our port and maritime community in ensuring Singapore port continues to add value and provide quality services to the global shipping community.'
</TD></TR></TBODY></TABLE>
<TABLE cellSpacing=0 cellPadding=0 width=452 border=0><TBODY><TR><TD vAlign=top width=452 colSpan=2>Published August 16, 2008
</TD></TR><TR><TD vAlign=top width=452 colSpan=2>Port crosses 1b gross ton mark in record time
<TABLE class=storyLinks cellSpacing=4 cellPadding=1 width=136 align=right border=0><TBODY><TR class=font10><TD align=right width=20>
</TD><TD>Email this article</TD></TR><TR class=font10><TD align=right width=20>
</TD><TD>Print article </TD></TR><TR class=font10><TD align=right width=20>
</TD><TD>Feedback</TD></TR></TBODY></TABLE>IN a clear indication of strong growth in the maritime industry, Singapore's port has crossed the one billion gross ton mark in shipping much earlier than usual this year.
<TABLE class=picBoxL cellSpacing=2 width=100 align=left><TBODY><TR><TD>
</TD></TR><TR class=caption><TD>Booming: Vessel arrivals in terms of shipping tonnage have increased steadily in recent years </TD></TR></TBODY></TABLE>The psychologically important mark was achieved on Thursday, when the 50,243 gross ton (GT) containership APL Australia arrived at 10:25am.As recently as 2004, the billion ton figure was achieved only in December. In 2005, 2006 and 2007, it was achieved in November, October and September respectively.
Vessel arrivals in terms of shipping tonnage have increased steadily in recent years.
In overall terms, the port of Singapore achieved 1.042 billion GT in 2004, 1.152 billion in 2005, 1.315 billion in 2006, and 1.459 billion in 2007.
Gross tonnage is a generally accepted shipping industry measure of the overall size of a ship.
It is a capacity-derived index that is used to categorise a vessel for manning, safety and other regulatory requirements, and is derived as a function of all of its enclosed spaces.
'Over the past few years, vessel arrivals in terms of shipping tonnage have registered double-digit increases,' said the Maritime and Port Authority of Singapore's group director (Hub Port) M Segar.
The new high in terms of time scale for the one billion ton breakthrough signals that 2008 may be another record year, he said.
'All these achievements are possible because of the efforts put in by our port and maritime community in ensuring Singapore port continues to add value and provide quality services to the global shipping community.'
</TD></TR></TBODY></TABLE>
