Port of Singapore

Group revenue decreased by 11.2% y-o-y to $7.10 billion due to challenging market conditions and weak trade demand.

Bunker sales during the year also remained strong, maintaining Singapore’s position as the top bunkering port.

SINGAPORE (March 31): If everything goes according to plan, the first phase of the Next Generation Port at Tuas will be completed in 2021. And, by 2040, all of PSA Singapore’s port activities are expected to be consolidated at this new facility.